Stocks close flat in range-bound session
KARACHI: The Pakistan Stock Exchange (PSX) failed to sustain gains accumulated in early trade, closing a range-bound session flat on Thursday.
Global equity markets...
SCCI chief emphasises adoption of modern businesses methods for growth
PESHAWAR: Sarhad Chamber of Commerce and Industry (SCCI) President Sherbaz Bilour has asked young entrepreneurs and new business startups to adopt modern...
Pfizer-BioNTech vaccine deliveries could start ‘before Christmas’
TORONTO: Pfizer Inc PFE.N and BioNTech 22UAy.DE could secure emergency U.S. and European authorization for their COVID-19 vaccine next month after final trial results showed...
Consumer companies’ profits up by 86pc YoY in 3QFY20
LAHORE: Consumer companies, including discretionary, pharmaceuticals and staples, have registered an increase in profitability by 86 per cent YoY during 3QFY20 as...
Oil prices dip as Covid-19 cases outweigh vaccine optimism
LONDON: Oil futures dipped on Thursday as a surge in coronavirus cases and tighter economic restrictions around the globe weighed on fuel...
Asia-Pacific leaders push for freer trade after Trump
KUALA LUMPUR: Asia-Pacific leaders called on Thursday for open and multilateral trade to support a global economy battered by the novel coronavirus,...
LDA prepares proposals for construction of Mall Road tunnel
LAHORE: The Lahore Development Authority (LDA) has started preparing proposals to maintain the flow of traffic on The Mall, which is the busiest...
PMDU introduces ‘FBR category’ in citizens’ portal to address policy-related complaints
ISLAMABAD: The Prime Minister Delivery Unit (PMDU) has introduced a new category, ‘FBR policy matters’ in the Pakistan Citizens Portal to address...
ADB raises $11.4m through issue of first-ever rupee-linked ‘Karakoram’ bonds
The Asian Development Bank (ADB) has raised Rs1.83 billion ($11.4 million) in a first issue of local currency Karakoram bonds by a...
Dollar gains Rs1.52 in interbank market
The US Dollar gained Rs1.52 against Pakistani Rupee in the interbank on Wednesday.
According to a State Bank of Pakistan tweet, the US...
Hafeez Shaikh stresses public-private partnership for inclusive growth
KARACHI: Adviser to Prime Minister on Finance Dr Abdul Hafeez Shaikh has urged the private sector to do away with the past...
SBP forecasts up to 2.5pc GDP growth in current fiscal year
The State Bank of Pakistan (SBP) has improved its growth outlook for the country, predicting that the national GDP will grow between...
President Alvi for enhanced trade ties with Ukraine
ISLAMABAD: President Dr Arif Alvi has emphasised the need for enhanced cooperation with Ukraine in the areas of trade, economy and culture.
The...
Textile exports rise 6pc YoY to $1.3bn in October
ISLAMABAD: Pakistan’s textile exports, which account for about 60pc of its overall exports, clocked in at $1.3 billion in October 2020, up...
PM reaffirms commitment to wealth creation, industrialisation
PM Imran inaugurates Kashmir Underpass, Model Police Station Civil Lines in Faisalabad