Business
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FDI up 11% in 8 months: China tops with $175 million investment
ISLAMABAD: Foreign Direct investment (FDI) in the country increased by 11 per cent in the first eight months of current...
Taiwan’s economy grows 3.74% in 2014: Vice President
TAIPEI: Taiwan's economy grew 3.74 percent in 2014, recording the highest growth among the four Asian tigers, which include South...
Rs1.7tr-asset HBL to acquire First Microfinance Bank, likely to invest Rs2b
KARACHI: Pakistan’s biggest commercial bank HBL is expected to acquire First Microfinance Bank, the county’s second largest microfinance bank in...
SBP reserves decline by $46m to $11226m from $11272m
KARACHI: The total foreign exchange reserves held by the State Bank of Pakistan (SBP) have declined by $46 million on...
SBP hosts 21st SAARCFINANCE Coordinators’ meeting
KARACHI: Progress of SAARCFINANCE activities have been discussed during the 21st SAARCFINANCE Coordinators’ Meeting held at National Institute of Banking...
Anti-encroachment drive at F-6 market: Ex-ICCI acting president among 4 held for manhandling CDA staff
ISLAMABAD: Former Islamabad Chamber of Commerce acting president Khalid Chaudhry and three others have been arrested by the Kohsar Police...
Exports up by $4 billion: Trade volume between Pak, China increases 12% to $16 billion
ISLAMABAD: The volume of trade between Pakistan and China has increased 12 per cent to $16 billion. According to the...
Having 1,600 branches & Rs1.7 trillion value, HBL buying Rs8.7b iFirst Microfinance Bank
KARACHI: Keeping the aggressive strategy of expanding banking operations, Habib Bank Limited (HBL) has been allowed by the State Bank...
3rd Sarsabz Expo opens: Rs15b allocated for CM Green Road Project, Rs50b to be spent next year, says minister
LAHORE: Punjab Minister for Agriculture Dr Farrukh Javed has inaugurated a two-day agriculture exhibition titled ‘Sarsabz Agriculture Expo 2015’, which...
Market capitalisation peaked at $77.68b on Feb 3; KSE-100 performance remained unprecedented: SECP chief
ISLAMABAD: Expressing his trust in the bourses’ soundness, the Securities and Exchange Commission of Pakistan (SECP) chairman, said that the...
Current account for Feb 2015 shows $877m surplus against $74m deficit in Jan
KARACHI: The current account for February 2015 showed a surplus of $877 million helping the deficit reduce its weight while...
SECP keeps vigilant eye on stocks; market capitalisation peaked at $77.68b on Feb 3, 2015: Chief
ISLAMABAD: Expressing his trust in the bourses’ soundness, the Securities and Exchange Commission of Pakistan (SECP) chairman, said that the...
KE’s fuel-based tariff up by 81 paisa; power tariff down by Rs2.97
ISLAMABAD: Nepra has okayed 81-paisa per unit hike in fuel based tariff for K-Electric (KE) for one month.It will be...
Marvi shares BISP’s 100 DAP of 70 actionable items with DFID delegation
ISLAMABAD: The Benazir Income Support Programme (BISP) is aimed at setting up direct liaison with women beneficiaries to curtail the...
Remittances up by 14pc to $11.75b in July-Feb 2014-15
KARACHI: Remittances have been increasing with an average of over 14 percent in the current fiscal bringing a total $11.75bn...
KSE investors remain cautious as 100 index falls by 73.36 points to 31,451.62
KARACHI: Anticipating the scheduled announcement of the State Bank of Pakistan’s Monetary Policy Statement on 21st, the KSE investors remained...
Cabinet body okays 12.5pc regulatory duty on import of various items
ISLAMABAD: The proposal by Privatization Division for levy of 12.5% regulatory duty on import of hot rolled products, pipes and...
Rs.96m approved for payment of 3-month salaries to PMTF employees
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet approved an amount of Rs.96 million for the payment of three...
Period for export of 1.2mt wheat for Punjab, Sindh extended by 1 month
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet, the top economic decision-making body of the country, approved proposal put...
ECC approves National Aviation Policy 2015 after 15 years
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet okayed the National Aviation Policy 2015 submitted by the Aviation Division....
