February 25, 2019: Karandaaz Pakistan under its third round of Innovation Challenge Fund (ICF) has signed an agreement with Allied Bank Limited (ABL) to support the bank for developing an innovative, cash-flow based,
February 25, 2019 (MLN): As of February 15, 2019, the government sector’s cumulative net borrowing in the eight months of FY19, reached a sum of Rs.716.38 billion while net borrowing for budgetary support
February 25, 2019: US President Donald Trump said Sunday he would delay a planned tariff increase on Chinese exports after both sides hailed “substantial progress” in trade talks, raising the prospect of a
February 25, 2019 (MLN): A meeting of the Economic Coordination Committee (ECC) will be held on February 26, i.e. Tuesday, with Finance Minister Asad Umar as the Chairperson. The meeting will cover a
Beijing, Feb 25: China and the United States made “substantial progress” in negotiations in Washington aimed at resolving their trade war, Chinese state media said Monday. The report from the official Xinhua news
By Muzzammil Aslam 1- It would be interesting to see how market will treat FATF news. FATF has given one more deadline to implement CFT (Counter Terrorism Financing). Simultaneously, appreciated government commitment to
Hong Kong, Feb 25: Shanghai led a rally across Asian markets Monday after Donald Trump said he would delay a hike in tariffs on Chinese goods citing “substantial progress” in trade talks and
February 24, 2019: President Dr. Arif Ali Alvi has said Pakistan has become an attractive place for international investment and image of the country is improving under the dynamic and honest leadership of
February 24, 2019: A South Korean company has expressed keen interest to set up LEDs and solar cells' manufacturing plants in Pakistan. Head, Overseas Business Division, Line Tech Inc, South Korea Dr. Won
February 24, 2019: The exports of software consultancy services has grown to US$ 175.127 million in first six months of this fiscal year as compared to US $ 140.471, showing an increase of
As the arrival of Crown Prince of Saudi Arabia opened way to various new avenues for Pakistan by signing of $20 billion (Rs2.8 trillion) memoranda of understanding (MoUs) with an aim of further
London, Feb 23: Three members of Prime Minister Theresa May's cabinet warned Saturday that Brexit must be delayed if she cannot persuade the British parliament to back her EU divorce deal next week.
Market Data and Economic Indicators Weekly Performance Feb 22, 2019 Feb 15, 2019 PKR InterBank 138.546 138.8317 KSE100 Index 40,016.13 40,486.67 Avg Daily Volume 105,336,660 135,270,288 Gold (Karachi) Rs/10 gm 59,242 58,428
LAHORE: The All Pakistan Textile Mills Association (APTMA) Chairman Syed Ali Ahsan has said the export enablers ensured by the government are likely to increase textile and clothing exports to $15 billion during
Washington, Feb 23: US President Donald Trump said on Friday a trade summit with Chinese leader Xi Jinping was likely next month, and hailed two days of “very good talks” by negotiators. The
In connection of the Real Estate and Investment Expo which is to be held in Sharjah, Federal Minister of Housing and Works, Akram Khan Durrani on Thursday announced that he will provide full support to the organizers
Around 8 months back, Pakistan signed a 15-year agreement with Qatar for import of 3.75 MTPA (Millions Tons per annum) to meet its growing energy needs as all the existing natural gas reserves appeared insufficient
Pakistan biggest trade organization, Federation of Pakistan Chamber of Commerce has agreed upon to become facilitator between government and Chinese companies to install a refinery in the country having capacity of 200,000 bpd, said the
Pakistan has one of the best Information Communication Technology (ICT) infrastructures of the region, said Chairman Higher Education Commission (HEC) Dr Mukhtar Ahmad on Wednesday. He stated this while attending the launching ceremony of Skill
Eighth round of talks between Pakistan and Thailand will be held here from August 21 to 23 to reach a final decision on Free Trade Agreement (FTA). Both sides had exchanged the offer lists of items for free trade, including automobile
Lahore – Secretary Industry, Commerce & Investment along with Punjab government have taken decisions in a meeting held today, on order of Chief Minister Punjab, to stop the loss of innocent lives of poor people
Managing Director, Pakistan Tourism Development Corporation (PTDC) Ch. Abdul Ghafoor Khan met Latvian Honorary Consul General in Pakistan, Ch. Iftikhar Rasul Ghuman on Wednesday to fasten the bilateral relations on tourism cooperation between the two countries. He said
The Competition Commission of Pakistan (CCP) has issued Show Cause Notice to a frozen foods manufacturing company, M/s Kitchen Stone Foods, for prima facie violation of Section 10 of the Competition Act, 2010 by running
Saeed Ahmad, President and CEO of National Bank of Pakistan (NBP) visited the bank’s regional office and branches in Quetta to participate in town hall meetings. Addressing a gathering of local businessmen at Quetta Chamber of Commerce,
The Registered Exporter System (the REX System) is the system of Certificate of Origin of Goods that applies to the Generalized System of Preference (GSP) of the European Union and observance of the same is
Foreign investment in the first month of the new fiscal year recorded appreciable growth of 58 percent and comfortably crossed the 200 million dollars, said data of the State Bank of Pakistan. The central bank
President Pakistan Businessmen and Intellectuals Forum (PBIF), President AKIA, Secretary General of the Businessmen Panel of FPCCI and former provincial minister Mian Zahid Hussain on Wednesday demanded steps to contain fall in the forex reserves which can
Former Prime Minister Nawaz Sharif on Tuesday filed three separate review petitions in the Supreme Court challenging his disqualification by a five-member bench on July 28. His lawyer Khawaja Haris Ahmad filed review petitions in
A delegation from China Three Gorges South Asia Investment Limited (CSAIL) a subsidiary of China Three Gorges Corporation (CTGC) called upon Sardar Masood Khan, President of Azad Jammu and Kashmir to apprise him on the ongoing hydro-electric
The Pakistan Water and Power Development Authority (WAPDA) Chairman Lt Gen Muzammil Hussain (R) today visited Nai Gaj and Darawat dams located in districts Dadu and Jamshoro of Sindh province respectively. During a briefing after
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