‘IFC committed to uplifting Pakistan’s agriculture, service sectors’
ISLAMABAD: A delegation of the World Bank Group's International Finance Cooperation (IFC) called on Adviser to Prime Minister on Commerce Razak Dawood...
PIA urged to pursue independent, sustainable business plan
ISLAMABAD: Adviser to Prime Minister on Finance & Revenue Dr Abdul Hafeez Shaikh on Friday told the Pakistan International Airlines (PIA) management...
Govt decreases POL prices by up to Rs5.33 per litre
ISLAMABAD: Amid confusing statements by some cabinet members, it has been determined that the price of petrol has been slashed by Rs4.59,...
Rupee gains 6 paisas in interbank, closes at Rs157.22
ISLAMABAD: The exchange rate of dollar dropped by 06 paisas in interbank and traded at Rs 157.22 compared to last closing of...
Govt reviews impact of fiscal policies on economic growth
ISLAMABAD: The meeting of the Monetary and Fiscal Policies Coordination Board was held on Wednesday to review the impact of fiscal and...
Soneri Bank’s profit surges to Rs975m
Soneri Bank Limited on Wednesday approved the bank's condensed interim financial statements for the half-year ended 30 June 2019.
The bank posted a...
BankIslami posts Rs581m profit for half-year 2019
The BankIslami Pakistan Limited Board of Directors has approved the bank’s financial results for the half-year ended June 30, 2019.
During the period...
‘Rashakai SEZ to pave way for enhanced regional trade’
LAHORE:Â A two-member Chinese delegation from the Rashakai Special Economic Zone on Wednesday called on Lahore Chamber of Commerce & Industry (LCCI) Vice...
Govt approves payment of salaries to PSM, PMTF employees
ISLAMABAD: The Economic Coordination Committee (ECC) has approved proposals submitted by the Ministry of Industries and Production for payment of salaries to...
PM orders curtailment of bureaucratic red-tapeism
Prime Minister Imran Khan on Wednesday ordered cutting down bureaucratic red-tapeism that hinders economic growth.
As reported by a private media outlet, the...
KSE-100 manages to close in green amid volatility
KARACHI: Bulls of the Pakistan Stock Exchange (PSX) came out victorious after a tough battle with bears on Wednesday.
The indices started off...
China’s central bank to issue own cryptocurrency in Nov
BEIJING: China plans to issue its own cryptocurrency as early as Nov 11, the country’s busiest shopping day for online sales, US financial...
Silkbank declares operating profit of Rs858m
The Silkbank Limited Board of Directors has declared an operating profit of Rs858 million for the half-year ended June 30, 2019.
Net interest...
‘Technology adoption imperative to meet modern-day challenges’
ISLAMABAD:Â Science & Technology Minister Fawad Chaudhry said on Wednesday that the country needs to adopt latest technologies in order to meet modern-day...
Cheetay appoints new CEO, founder claims will become Pakistan’s first unicorn
LAHORE: Lahore native Majid Khan, a graduate of Stanford University, has been appointed as the chief executive officer of Cheetay Logistics.
Majid Khan...