Queen Maxima stresses need for financial inclusion in Pakistan
ISLAMABAD: UN Secretary General's Special Advocate for Inclusive Finance for Development (UNSGSA) Queen Maxima has stressed the need for enhanced financial inclusion...
Asim Bajwa notified as CPEC Authority chairman
The federal government on Tuesday issued a notification for the appointment of Lt Gen (r) Asim Saleem Bajwa as the first chairman...
KSE-100 loses 417 points amid political uncertainty
KARACHI: Investors of the Pakistan Stock Exchange (PSX) witnessed a turbulent session on Tuesday, as the indices, which open positively, turned their...
Govt releases Rs8bn for Karachi’s development
The government has released Rs8 billion for the completion of ongoing development projects in Karachi, a private media house reported on Tuesday.
The...
Pakistan’s envoy to preside over session of UN Commission on Trade and Development
ISLAMABAD: Permanent Representative of Pakistan to the United Nations in Geneva, Ambassador Khalil Hashmi has been elected as president of the 11th...
ICI Omricron to buy remaining shares, de-list AkzoNobel Pakistan
LAHORE: The Board of Directors of ICI Omricron B.V in a notification announced that they shall consider to purchase all outstanding securities...
Rs52.5bn contract for Dasu power project signed with Chinese firm
ISLAMABAD: Pakistan Water and Power Development Authority (Wapda) on Monday signed a contract worth Rs52.5 billion with the joint venture of GE Hydro China and...
Pakistan eager to form joint ventures in energy sector: President LCCI
LAHORE: Pakistan is eager to seek joint ventures in the energy sector, specifically with the Chinese private sector, which will not only help...
Foreign investment in T-bills rake in more than $1bn
KARACHI: Foreign inflows into Pakistani debt instruments crossed the $1 billion mark this fiscal year, latest data released by the State Bank...
SECP initiates crackdown against companies involved in illegal activities
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has initiated winding up proceedings against six companies, allegedly involved in illegal and...
New entrants in tyre industry face scourge of 65 percent smuggling
ISLAMABAD
While new entrants to the local tyre industry should ideally be thrilled at the thought of new entrants, the continued smuggling of...
China asks Pakistan to hurry up with proposed three SEZs
China has asked Pakistan to expedite work on three proposed Special Economic Zones (SEZs), it has reliably learned. According to documents available...
Petroleum Division rejects news about discovery of shale oil, gas
ISLAMABAD
The Petroleum Division (PD) of the Energy Ministry on Monday categorically rejected rumors about the discovery of shale oil and gas in...
Foreign companies to be provided all facilities for expanding business: PM
Prime Minister Imran Khan has said that his government will provide every possible aid to foreign companies for expanding businesses, and facilitating...
Pakistan far from reaching tax collection capacity, notes World Bank
ISLAMABAD
The World Bank Group (WBG) has asserted that Pakistan has been receiving only 50 percent of the taxes from its total capacity...