Rs200 billion worth energy sukuk listing approved by stock exchange
KARACHI: Pakistan Stock Exchange (PSX) on Wednesday approved listing of Pakistan Energy Sukuk-1 of Rs200 billion of Power Holding Limited under its...
Govt to shut down National Fertiliser Marketing Limited
ISLAMABAD: The government has decided to wind up National Fertiliser Marketing Limited (NFML) as the Establishment Division indicated its intention at a...
Many hurdles hindering smooth Pak-Iran trade: Iranian Consul General
KARACHI: Iranian Consul General Ahmad Mohammadi has said has said that there is a huge potential to enhance bilateral trade and economic...
KE signs contract for $650 million 900MW power project
KARACHI: K-Electric (KE) has signed a contract with a joint venture of Chinese and German firms to build a 900 megawatts dual-fired...
Zuckerberg open to scaling back Libra plan
WASHINGTON DC: Facebook chief executive Mark Zuckerberg opened the door on Wednesday to scaling back plans for its digital coin Libra if it...
‘Risk of contagion in India’s financial sector rising’
MUMBAI: There is a rising risk of contagion in India’s banking sector with many finance companies having lost more than half of...
German companies invited to invest in Pakistan
ISLAMABAD: Adviser to Prime Minister on Commerce Abdul Razak Dawood on Wednesday invited the German investors to invest in the export-oriented industries so...
Imran calls for inclusion of provinces in establishment of SEZs
ISLAMABAD: Prime Minister Imran Khan said on Wednesday all the initiatives to set up special economic zones (SEZs) would be spearheaded by the...
Pakistan committed to achieving all FATF targets by next year: minister
ISLAMABAD: Economic Affairs Minister Hammad Azhar said on Wednesday that Pakistan was committed to completing all the points in the action plan...
PM says COAS met businessmen ‘after his permission’
Prime Minister Imran Khan has said that Chief of Army Staff Qamar Javed Bajwa had met the businessmen after his permission.
Speaking to...
As PM hails economic team, large-scale manufacturing continues to shrink
ISLAMABAD: Contrary to Prime Minister Imran Khan's claims that his "economic team has turned around the national economy", the large-scale manufacturing (LSM) in...
NEPRA jacks up power tariff by Rs1.66 per unit
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has notified Rs1.66 per unit increase in the electricity price on account of monthly fuel...
‘Govt’s reforms to strengthen economy, boost investors’ confidence’
ISLAMABAD: Planning, Development & Reform Minister for Makhdoom Khusro Bakhtiar has said that the incumbent government's recent reform measures will strengthen the...
FBR proposes imposition of turnover tax in SEZs
ISLAMABAD: The Federal Board of Revenue (FBR) has proposed the imposition of a turnover tax on those investing in Special Economic Zones (SEZs),...
Engro suggests radical reforms to make fertiliser subsidy equitable
LAHORE: Engro Fertilizers has urged the government to focus on creating a smart, pointed subsidy system for fertilisers that would benefit agriculturists...