Multan-Sukkur Motorway awarded as per rules, no “irregularities”, NHA clarifies
ISLAMABAD: National Highway Authority (NHA), in response to certain media reports about alleged " irregularities" in the award of Multan-Sukkur Motorway, has...
Bosnian Ambassador urges business community to explore opportunities in Bosnia
KARACHI: The Ambassador of Bosnia and Herzegovina Sakib Foric has urged the business and industrial community of Karachi to explore investment opportunities in Bosnia...
Pakistan’s CPI surges by 3.8% in February 2018
KARACHI: The country’s Consumer Price Index (CPI) which measures average change over time in the prices for a market basket of consumer...
FBR to re-investigate missing containers case, hold inquiries against corrupt officials
ISLAMABAD: The parliamentary panel on Wednesday recommended Federal Board of Revenue (FBR) to re-investigate the 265 missing containers case.
In a meeting, the...
PTEA urges govt to remove major obstacles in export growth
FAISALABAD: The Pakistan Textile Exporters Association (PTEA) has urged the government to immediately remove obstacles affecting export growth. An extreme cash flow...
Market Daily: KSE 100 breaks 43,000 mark
LAHORE: The Pakistan Stock Exchange (PSX) closed positive for the second consecutive session, with the benchmark KSE 100 index gaining 244 points...
Centro Ceramico certifies Pakistani tiles with European quality standards
KARACHI: Centro Ceramico, one of the biggest tile testing laboratories in the world has certified Pakistan’s ‘Stile Porcelain Tiles’ for meeting European...
Akzo Nobel Pakistan divests Specialty Chemicals business to Akzo Nobel Chemical for Rs33.5 million
LAHORE: A bourse notification filed Wednesday by Akzo Nobel Pakistan Limited revealed its board of directors had approved divesting of its Specialty...
Oil prices decline, on back of weak Chinese, Japanese industrial data
TOKYO: Oil prices fell on Wednesday as weak Chinese and Japanese industrial data triggered concerns of an economic slowdown that could lower...
SECP, PSX scuffle intensifies over bourse BOD election
KARACHI: The Pakistan Stock Exchange and Securities and Exchange Commission of Pakistan are engaged in a struggle over the bourse’s board of...
Asian stock markets fall, as U.S expected to hike rates faster
SYNDEY: Asian shares faltered on Wednesday and bonds were sold off as risk appetite soured after comments from new Federal Reserve Chair...
Market Daily: Turbulent session settles positive
LAHORE: The Pakistan Stock Exchange (PSX) witnessed another uncertain session on Tuesday, recovering losses midday. In midst of political turmoil, investors remained...
Asian stocks extend gains, after Wall Street finishes higher overnight
SEOUL: Asian markets mostly extended gains on Tuesday after Wall Street finished higher overnight. The upcoming Federal Reserve chair’s testimony at U.S....
Oil prices consolidate gains, on signs of stronger demand
TOKYO: Oil prices extended gains on Tuesday, supported by signs of stronger demand, robust production curbs led by OPEC and a slight...
FBR contemplating revising local tax laws
ISLAMABAD: The Federal Board of Revenue (FBR) is contemplating changing tax laws via Finance Bill 2018 to revise restrictions in local tax...