Business
Business
Govt plans to float an additional $3.5b worth of Eurobonds
Due to spiraling concerns over the high cost of unconventional borrowings, Pakistan is planning to raise another $3.5 billion from…
Engro Foods to establish large-scale dairy farms
In an attempt to strengthen its footprint in the field of model cattle-farming, Engro Foods Limited is gearing up to introduce large-scale dairy…
Govt owned State Life may be turned into company via presidential ordinance
To convert State Life Insurance Corporation (SLIC) into a company, the government is once again set to promulgate a presidential…
4 countries sign agreement for $10 billion TAPI gas pipeline project
The four nations that are part of the $10-billion Turkmenistan-Afghanistan-Pakistan-India (Tapi) gas pipeline project have signed an 'initial investment agreement'…
Gwadar will emerge as key shipping point claims Chinese official
"Gwadar possesses immense strategic lure and could emerge as a key shipping point," said China Overseas Ports Holding Company Chairman…
Tajikistan keen on promoting trade with Pakistan
The Chamber of Commerce and Industry of the Republic of Tajikistan in collaboration with its embassy in Pakistan is scheduled…
Dutch company all set to buy Engro Foods for an estimated $460 million
A Dutch dairy cooperative is gearing to buy out the Pakistani food giant Engro Foods Limited with an investment of around $460…
PSO gets green signal for Pakistan Refinery shares acquisition
The Competition Commission of Pakistan (CCP) has given its nod to Pakistan State Oil (PSO) for acquisition of shares in Pakistan Refinery…
External debt declared around $15b below IMF figures
Amidst increasing fears over the government’s move to hide its actual debt burden, the government claimed earlier yesterday that external public…