Pakistan’s leading lock screen app Slide set to be acquired by S.Korean Buzzvil
The application that raised $1.2 million as seed round and $3.6 million in Series A funding had over 7 million users as of February 2018 since its launch in Pakistan and India in 2015
CLSA Ltd returns to Pak after 17 years, buys minority stake in Alfalah securities
KARACHI: The Hong-Kong based CLSA, the CITIC Securities Company, entered into a joint venture with Bank Alfalah today, to buy a 24.9...
What does China want from CPEC?
The history of China and the United States and how it explains what Beijing is doing pouring so much money into Pakistan
Battle of the Beverages: Will Coke Studio help Coca Cola slay the Pepsi dragon?
Coca Cola may be the global giant, but it remains the underdog in Pakistan; Coke Studio, however, is helping the company catch up in market share with its rival
How the private sector killed off the MQM
The political party died when its reason for existence – securing access to middle-class government jobs – was made redundant by a rising private sector
Circular debt in power sector surges to record high of Rs1.155 trillion
Line losses were recorded at 18.3 percent against an allowed limit of 16.3 percent, with the additional cost of Rs196 billion per annum passed unfairly onto consumers
Planning Ministry kicks out officer who refused to follow orders
Mr Cheema had voiced reservations over the revisions carried out by the secretary on the distribution of official works without prior go-ahead of the National Economic Council (NEC)
PTI’s economic team to be largely Karachi-centric
The appointments of heads of key financial institutions are also expected to be from Karachi, the economic hub of the country.
Moody’s projects Pakistan’s current account deficit at 4.8 percent of GDP in FY19
Moody's said about one-third of government debt was denominated in foreign currency and its gross borrowing requirements stood around 27-30 percent of GDP, the highest amongst rated sovereigns
FBR amasses record withholding tax of Rs3.84 billion on school fee in FY18
According to FBR officials, the rise in revenue collection was made possible by an increase in tuition fees by educational institutions in FY18
Focus isn’t on stabilizing economy using money stashed overseas: Asad Umar
The finance minister indicated this policy was to disincentivize those people who sought to earn money from illicit practices and launder it overseas
Emerging markets may lose their friendly banker
Need a loan? Don’t call China.
Rasheed woos investors, says railways is ‘open for business’
ISLAMABAD: Newly-appointed Railways Minister Sheikh Rasheed on Monday said he will need at least four months to bring Pakistan Railways "back up...
United Auto’s gearing to launch 800cc Bravo hatchback by 1st September: Report
In November last year, United Auto Industries announced it was venturing into car manufacturing and was gearing up to launch an 800cc car
China offers Pakistan to trade in yuan, help decrease trade deficit
Sources quoting the Chinese ambassador said Beijing was contemplating to invite new Prime Minister Imran Khan as a guest of honour for China Import Fair set to be held in November 2018