Business

ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) Chairman Zafar Hijazi has visited the Islamabad Stock Exchange and met members...

China vows to upgrade Pakistan Railways with $3.8b

LAHORE: A 13-member delegation of Chinese investors and officials led by vice-minister Leo Dong Fo has visited the Pakistan Railways...

PSO faces more circular debt after import of 60,000 LNG worth Rs3.25 billion

ISLAMABAD: Already stuck in over Rs200 billion circular debt, Pakistan State Oil (PSO) is facing another circular debt after import...

Engro CEO Aliuddin Ansari announces to quit

KARACHI: Engro Corporation Limited President and CEO Muhammad Aliuddin Ansari has announced to quit his job from May 11, 2015...

ICAP to launch training programme for CA students

LAHORE: In persuasion of the global trends, the Institute of Chartered Accountants of Pakistan (ICAP) has decided to launch industrial training...

Property Tax Bill moved in Balochistan Assembly

QUETTA: The Balochistan Urban Immoveable Property Tax (Amendment) Bill 2015 moved in the session of the Balochistan Assembly. The assembly...

China to construct airport at Pamir plateau of Xinjiang, 3,200 ft above sea level

ISLAMABAD: China has revealed plans to construct an airport on the strategically located Pamir plateau of Xinjiang, close to its...

Pak Railway to set off Green Line offers from Karachi to Islamabad on May 15

KARACHI: Pakistan Railways’ new train service is no ordinary service. Set to launch on May 15, the Green Line offers...

Zain Saudi yet to make a quarterly profit since launching services in 2008

JEDDAH: Telecom operator Zain Saudi’s first-quarter loss narrowed by more than expected as demand for the company’s products and services...

SECP notifies new regulations for Real Estate Investment Trust, eases requirements for establishing funds

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has notified new regulations for the Real Estate Investment Trust (REIT),...

NAB committee recommends CDA to show zero tolerance on non-conforming use of plots

ISLAMABAD: The Prevention Committee constituted by National Accountability Bureau (NAB) on Capital Development Authority (CDA) in its first meeting recommended...

Business community appreciates Chinese investment of US $45 billion in Pakistan

ISLAMABAD: The business community has welcomed the visit of Chinese President, Xi Jinping and signing of Memorandums of Understanding (MoUs)...

3,200 ft above sea level: China announces to build airport near Azad Kashmir border

BEIJING: China has announced to construct an airport on Pamir plateau of Xinjiang - 3,200 ft above sea level -...

Rs1441 million project: Qaim wants early completion of fishermen colonies

KARACHI: Sindh Chief Minister Syed Qaim Ali Shah, presiding over a joint meeting of Fisheries & Livestock Department and Planning...

China’s ICBC to give Pakistan $4.3 billion for power projects

BEIJING: The Industrial and Commercial Bank of China (ICBC) has announced to give $4.3 billion loan to Pakistan for construction...

President terms CPEC “fate changer” for entire region

Government to provide high security to Chinese workers: Mamnoon ISLAMABAD: President Mamnoon Hussain Tuesday terming the China Pakistan Economic corridor...

Dar calls on World Bank MD Indrawati

ISLAMABAD: Federal Finance Minister Ishaq Dar has called on World Bank Managing Director Sri Mulyani Indrawati and discussed the bank’s...

Auto manufacturers, dealers wage war of words over imports of used cars

KARACHI: Pakistan Automotive Manufacturers Association (PAMA) and All-Pakistan Motor Dealers Association (APMDA) have locked horns over the issue of used...

Rs29.57m and $1.10m transactions: NAB arrests forest officer of BS-18 over illegal assets