Business
Business
“Politicking may hurt CPEC” World Bank
Political differences within Pakistan and an overall slowing down of the Chinese economy have become risks to the materialisation of the $46-billion…
ECC formally approves strategy for North-South pipeline
The government earlier today formally approved the construction of a Russian-funded 1,100 km long North-South gas pipeline on Build Own…
TAPI Pipeline Co’s shareholders sign $200m investment accord
The Shareholders of the Tapi Pipeline Company Limited have signed an investment agreement that will effectively pave the way for the…
China’s Xinjiang seals Pakistan ties with $2 billion in deals
Companies from China’s violence-prone far western region of Xinjiang signed deals worth about $2 billion with Pakistan this week during…
All-Share Islamic Index gets 41 new companies
Karachi: The Pakistan Stock Exchange (PSX) has added 41 new companies into the All-Share Islamic Index in the latest re-composition exercise,…
PSO sends back ship carrying poor quality petrol
Islamabad: Pakistan State Oil (PSO) has refused to accept petrol supplies from a United Arab Emirates-based company because of poor quality,…
Govt to set up LPG air-mix plants in hilly areas
Islamabad: The government has planned to set up 30 liquefied petroleum gas (LPG) air-mix plants with the assistance of gas utilities…
Equities market: PSX suggests measures to curb volatility at bourse
The Pakistan Stock Exchange (PSX) has solicited open public comments on regulatory changes that it has proposed to improve volatility…
IMF wants Pakistan to curtail development spending by an estimated Rs360bn
The International Monetary Fund (IMF) expects Pakistan to curb its overall development budget by Rs360 billion (almost 24pc) of allocations…