March 6, 2019 (MLN): The Central Government’s debt and liabilities by the end of January 2019 had risen to Rs.18.45 trillion as per a statistical report release by the State bank of Pakistan,
March 6, 2019: The imports of agriculture machinery into the country during first seven months of current financial year increased by 6.72 percent as compared the imports of the corresponding period of last
March 6, 2019: Pursuant to the news items being published in the print media regarding the inauguration of Tarbela IV (T4) hydropower project, Ministry of Water Resources would like to state that the
March 6, 2019: Global trade tensions and political uncertainty are weighing on the world's economy, the OECD warned Wednesday, cutting its global growth forecast for this year to 3.3 percent, down from the
March 6, 2019: A Shanghai rally led gains across most Asian markets Wednesday as Chinese investors grow increasingly optimistic over trade talks with the US. With expectations that Washington and Beijing will eventually
March 6, 2019: Europe's main stock markets nudged lower at the start of trading on Wednesday, with London's benchmark FTSE 100 index marginally down at 7,182.77 points. In the Eurozone, Frankfurt's DAX 30
March 6, 2019: XCMG and HSS Group of China on Wednesday expressed their commitment to bring in investment of $2 billion in Pakistan’s housing and manufacturing sectors. The commitment was made during a
March 6, 2019: The government is likely to consider new tax amnesty scheme for industrial sector where undocumented money could be declared and could only be used in the industrial development and growth
March 6, 2019: After remaining suspended for a week, the cross-Line of Control (LoC) trade on Muzaffarabad-Srinagar traditional route through Uri-Chakothi sector resumed on Tuesday. In total, 70 trucks 35 from each side
March 6, 2019: Asian markets fluctuated Wednesday as investors await the latest news on the China-US trade talks, though Australian stocks rose and the local dollar fell as weak economic growth data fueled
March 6, 2019 (MLN): Turkmenistan’s Ambassador to Pakistan Mr. Atadjan Movlamov stated that investors in his country are closely following the developments in Pakistan and are keen in investing in various flourishing sectors.
March 5, 2019: London's stock market rose as the pound fell Tuesday, with investors reacting to Brexit-facing data and Bank of England contingency measures ahead of fresh divorce-deal talks in Brussels. Around 1130
March 5, 2019: Prime Minister Imran Khan chaired a meeting on Tuesday to review progress on energy-related projects including petroleum and gas. Finance Minister Asad Umar, Petroleum Minister Ghulam Sarwar Khan, Advisor to
March 5, 2019 (MLN): Overseas investment in Pakistan Banao Certificate is about to reach $19.2 million. As of February 20, 2019, the State Bank of Pakistan processed a total of 111 applications which
March 05, 2019 (MLN): Minister for Planning and Development Khusro Bakhtiar has said the government is determined to complete the ongoing development projects with the cooperation of World Bank. While talking to the
The government has decided to increase the petrol from effective September 1, 2017 by Rs 2 per liter to Rs 71.50 per liter. According to the statement of the finance ministry, the Government has announced
ISLAMABAD, August 31: The Securities and Exchange Commission of Pakistan (SECP) has notified draft Listed Companies (Code of Corporate Governance) 2017, under the newly promulgated Companies Act, 2017. The said regulations have also been placed
As a part of Prime Minister’s Industrial Support Package announced in February 2016, Ministry of Finance has approved release of Rs. 12.640 billion as subsidy on power supply to industrial sector. It may be recalled
SINGAPORE (S&P Global Ratings) Aug. 31, 2017–S&P Global Ratings said today that its rating and outlook on Malaysia-based wireless services provider Axiata Group Bhd. (BBB+/Stable/–) are not affected by the company's acquisition of tower assets
Business centers, traders and markets suffered heavy losses as around 90 percent of them could not open following heavy rain. Goods and property of many businesses were damaged as rain water entered shops and warehouses.
State bank of Pakistan maintained the cut-off yield on three, six months and 12 months treasury bills in an auction held Wednesday. The central bank had received bids worth Rs 530.8 billion where accepted bids
Minster for of Federal Education and Professional Training Baleegh-ur-Rehman says on Wednesday his government was committed to timely completion of projects, while ensuring quality. In an interview with Radio Pakistan minister highlighted, “Our developmental budget has acceded to Rs.
Minister for Law and Justice Zahid Hamid informed the Senate that government is monitoring revenue collection and expenditure on monthly basis in order to reduce fiscal deficit, which will help to reduce loans. In the
Arrival of remittance through banking channel has appreciated the value of the rupee versus the dollar at interbank, strengthening by 11 paisa to Rs 105.29 compared to Monday’s close. According a dealer at foreign exchange
Chairperson Sindh Board of Investment (SBI), Ms. Naheed Memon has said that the investors will be provided necessary facilities and information through a one-window facility by “Business Facilitation Centre (BFC)” in the SBI to simplify
President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and Former Provincial Minister Mian Zahid Hussain on Wednesday said Pakistan has acquired the capability to issue
Karachi, August 29, 2017:Dr. Aisha Ghaus Pasha, Finance Minister of Punjab and Mr. Muhammad Naeem Akhtar Khan Bhabha, Agriculture Minister Government of Punjab had a meeting with Mr. Saeed Ahmad, the President of National Bank
The Experts, Development Partners and Chamber of Commerce and Industries representatives have recommended to Khyber Pakhtunkhwa Government some of the useful suggestions on the proposed draft Investment Policy of Government of Khyber Pakhtunkhwa. The Planning
Expanding its digital footprint to the far-flung and underserved areas of the country, Pakistan’s premier telecom and digital services provider, Telenor Pakistan has launched its mobile agriculture advisory service ‘Khushaal Zamindaar’ in Gilgit – Baltistan.
Islamabad – 30 August, 2017: Malaysian company Edotco decides to partner with Dawood Hercules both the company decides to acquire 13000 towers owned by Pakistan mobile communication Dawood Hercules will be investing 45% equity stake,
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