Govt raises Rs200b through Sukuk: Hafeez Shaikh
Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh has said that for the first time, the government...
Japanese railway companies keen to invest in Pakistan
Japanese railway companies are keen to invest in Pakistan Railways. This was stated by Ambassador of Japan to Pakistan Matsuda Kuninori during...
Facebook to launch new shopping feature across apps
Facebook Inc is launching Shops, a service that will allow businesses to display and sell products on the world’s largest social network’s...
Standard Chartered earns Rs8.8bn profit before tax revenue in 1Q2020
The Standard Chartered Bank (Pakistan) earned profit before tax of Rs8.8 billion in the first quarter of 2020 that is 30 per...
Moody’s will review ratings of five major Pakistani banks
KARACHI: Moody's Investors Service has placed five Pakistani banks on review for downgrade, according to a statement released on Tuesday.
The five banks...
Repair of Tower: NTDC to partially suspend power in Islamabad, Rawalpindi areas
LAHORE: The repair work on the tower of 500kV Rawat–Neelum Jhelum Transmission Line will be carried out on May 20-21, the spokesman...
CDWP approves Rs2.28bn for Hub Special Economic Zone
ISLAMABAD: The Central Development Working Party (CDWP) Tuesday approved establishment of the Hub Special Economic Zone at the cost of Rs2.28 billion...
KP mulls massive cuts in development budget
--Govt to prioritise agriculture, education, food, health, and industry sectors
PESHAWAR: The Khyber Pakhtunkhwa (KP) government has directed 25 administrative departments not to...
Tractor manufacturers seek timely subsidy, ST refunds to revive sales
ISLAMABAD: The tractor industry on Tuesday expressed hope that the announcement of subsidy on sales tax on the locally-manufactured tractors for a...
Rupee weakens against dollar in interbank
ISLAMABAD: The exchange rate of Pakistani rupee declined by 37 paisas against US dollar in the interbank market on Tuesday to close...
ADB approves $300m to fight COVID-19 in Pakistan
ISLAMABAD: The Asian Development Bank (ADB) on Tuesday approved $300 million emergency assistance loan to strengthen Pakistan’s public health response to the...
PSX concludes book building process of Sukuk II of Power Holding Ltd
KARACHI: The book building process of Sukuk II of Power Holding Limited (PHL), a public sector entity fully owned by the Ministry...
Bulls return as KSE-100 gains 353 points
The Pakistan Stock Exchange (PSX) recovered from Monday’s bearish trend as indices moved in upward trajectory on Tuesday, lifting the KSE-100 index...
Pakistan to exploit post-Covid opportunities to boost exports: Dawood
ISLAMABAD: Prime Minister’s Adviser on Commerce and Investment Abdul Razak Dawood on Tuesday said that the post-coronavirus world will be a perfect...
Daraz, HBL partner to fuel growth in Pakistan’s SME sector
KARACHI: Daraz and HBL have signed a strategic partnership agreement to enable the growth of Small and Medium Enterprises (SMEs) by inviting...