Bloody Monday: Pakistani Capital markets in disarray after unexpected rate hike
Karachi: Following an unexpected rate hike on Friday after market hours, the Pakistan Stock Exchange (PSX), the Rupee, and the secondary market...
General Bajwa — the business brokerÂ
On the 3rd of October 2019, General Qamar Javed Bajwa met with the heads of Pakistan’s leading business families at a dinner...
Price hike on the cards as Pakistan likely to export surplus sugar
ISLAMABAD:Â A stalemate between sugar barons, the finance ministry, and the Sugar Advisory Board has ended in favour of the sugar millers...
Malik leads Pakistani delegation to Russia to secure cheap oilÂ
ISLAMABAD: Minister of State for Petroleum Mussadik Malik flew out from Lahore yesterday to hold talks about securing the supply of Russian...
Unexpected but not unwarranted: policy rate hiked by 100bps to 16pc – 24-year high
KARACHI: In a meeting by the State Bank of Pakistan (SBP), the Monetary Policy Committee (MPC) decided to hike the policy rate...
Chinese want to encash $150m guarantee by Hubco. But why?
LAHORE: The China Power Hub Generation Company (CPHGC), a joint venture company formed under CPEC that owns and operates imported coal fired...
Mobility startup SWVL shuts operations in Pakistan, its second biggest market
After three years of operating in Pakistan, mobility startup SWVL last week decided to wrap up operations in Pakistan completely amid a...
Faced with revenue shortfall, ET&NC suspends biometric for vehicle transfer for two months
LAHORE: Faced with an increasingly up-hill battle to completely digitise the legal transfer of vehicles when they are bought and sold, the...
FTO open investigation into fraudulent rebate of 954 tractors
LAHORE: The Federal Tax Ombudsman (FTO) has instructed the Federal Bureau of Revenue (FBR) to open an investigation on a fraudulent rebate...
NA body approves foreign trade resolution bill, paving way for ease of business
ISLAMABAD: The incumbent government has approved Pakistan’s first ever Trade Dispute Resolution law meant to mediate disputes between local and foreign importers...
Despite early promises, govt fails to restart 20 power plants of 5000MW
ISLAMABAD: Eight months into power, the federal government has been unable to make any headway in restarting 20 power plants that have...
What happened to the crude oil price and how does it affect Pakistan?
Crude oil is probably the single most important commodity in the world right now, and it has been so, since the last...
Jabbar Thaikaydar, the man who introduced money making in Pakistani media
In the early 1980s, as he carried banners of the Lakson Tobacco Company on his motorbike through the dusty roads of Lahore,...
Automotive sector finds some respite in October
LAHORE: The Pakistan Automotive Manufacturers Association (PAMA) has released its members’ sales data for the month of October. Overall sales have risen...
Dewan Group set to launch KIA cars separate from Lucky Motors Â
LAHORE: In a surprising notification on the Pakistan Stock Exchange (PSX), Dewan Farooque Motors Limited has announced that they have entered into...