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17 urban centres, 53 items: Inflation up by 0.78% for lowest income group up to 8,000
ISLAMABAD: Weekly inflation for the week ended on April 9 witnessed an increase of 0.78 percent as compared to the...
Pakistan, China building new world based on Pak-China Economic Corridor: Mamnoon
KARACHI: President Mamnoon Hussain Saturday said that Pakistan and China were building a new world based on Pak-China Economic Corridor....
PIA to add 5 ATR-72 aircraft to its fleet
KARACHI: Pakistan International Airlines has acquired five French-built ATR-72 aircraft, each with a capacity of 66 seats, on dry lease...
Pakistan sells 42.5% shares in HBL for $ 1.2 billion
ISLAMABAD: The government sold its entire 42.5 percent shares in the country’s largest private-sector bank Habib Bank Limited (HBL) for...
Pakistan receives $1.2 billion offer against its 41.5% shares in HBL
KARACHI: Government of Pakistan has received an offer of more than the US $1.2 billion against its shares in Habib Bank...
41.5% or 250 million shares: Govt okays HBL divestment for $1.02 billion, receives $1.6b offer
KARACHI: The federal government Saturday approved selling all of its state-owned shares in HBL with the country’s largest-ever equity offering...
PIA given $52m for uplift: National carrier receives first ATR 70 aircraft
KARACHI: Pakistan International Airlines (PIA) has received the first ATR 70 aircraft as the jet landed in Karachi on Saturday....
BoK earns Rs2.1 billion, approves 10% dividend
PESHAWAR: The Bank of Khyber (BOK), in its 24th Annual General Meeting, has approved 10 per cent dividend to shareholders...
Cotton market in bearish note over slow trading; rate reaches Rs5500
KARACHI: The cotton market remained in bearish note over slow trading as spinners kept looking for quality lint. According to...
Pre-tax profit up by 49%: IMF lauds Pakistan’s banking sector
KARACHI: The International Monetary Fund (IMF) has lauded the performance of Pakistani banking sector due o its robust earnings and...
Malaysian investors take keen interest in halal meet industry
ISLAMABAD: Malaysian investors have called on Minister of State and Board of Investment Chairman Dr Miftah Ismail and discussed the...
12th ‘My Karachi: Oasis of Harmony’ inaugurated: Sind CM urges traders to help bring peace in metropolis
KARACHI: Sindh Chief Minister Syed Qaim Ali Shah has urged the traders to help bring peace in the metropolis. He...
Ecnec okays Rs125 billion projects: 400,000 laptops worth Rs 21,335.49m, 652km road worth Rs49b approved
ISLAMABAD: The Executive Committee of the National Economic Council (Ecnec) meeting, presided over by Federal Finance Ishaq Dar, has okayed...
Overseas Pakistanis’ remittances rise 15%, hit $13.3 billion in first 9 months of 2014-15
ISLAMABAD: Overseas Pakistani workers remitted $13.32 billion in the first nine months (July-March) of fiscal year 2014-15, showing a significant...
300 hospitals in Islamabad not incinerating litter: Hazardous waste must be discarded scientifically, meeting told
ISLAMABAD: Federal Secretary for Climate Change Arif Ahmed Khan, chairing a meeting on ‘Hazardous Waste Management for Pakistan’, has said...
NCCPL launches National Custodial Services for capital market investors
KARACHI: In a bid to further strengthen efficiency and transparency of the capital market operations, the National Clearing Company of...
Remittances up by 15% to $13.3b in 9 months; Arab countries lead with $8.589b
KARACHI: The overseas Pakistanis have remitted $13.33 billion in first nine months (July-March) of current fiscal year, reflecting a growth...
17 urban centres, 53 items: Inflation up by 0.78% for lowest income group
ISLAMABAD: Weekly inflation for the week ended on April 9 witnessed an increase of 0.78 percent as compared to the...
IMF chief warns mediocre growth becoming “new reality”
ISLAMABAD: Despite decreasing macroeconomic risks since last fall, the global economy continues to face a number of significant challenges, and...
63 out of 71 brands found safe: PCRWR declares bottled water of 8 brands unsafe
ISLAMABAD: Pakistan Council of Research in Water Resources (PCRWR) has found bottled water of eight brands unsafe, however, it okayed...
