Business
Business
“Currency swap deal not benefitting Pakistan”: PCJCCI president
The Pak-China Joint Chamber of Commerce and Industry (PCJCCI) President Shah Faisal Afridi emphasized the benefits of the currency swap…
HBL Asset Management gobbles up PICIC Asset Management
The asset management subsidiary of Habib Bank (HBL) has acquired 100% shares in PICIC Asset Management, a stock filing stated…
More loans: Tax evasion increases foreign loan burden, claims PM’s aide
"A 100% penalty would be imposed on the non-filers of tax returns who fail to avail themselves of the tax…
‘IT park to improve trade between Pakistan, S. Korea’: Korean Ambassador
"South Korea wants to improve trade ties with Pakistan and the establishment of an IT park in Islamabad is a…
Govt tries its level best to defend its policy on PIA, petroleum prices
The federal government earlier yesterday did not entertain any proposal of the opposition and defended the controversial process of privatisation…
Summit Bank issues 700.6m new shares for Suroor Investments:
Summit Bank has issued 700.6 million new shares at the rate of Rs10 each to its major sponsor ‘by way…
China: Leading country for FDI inflow in Pakistan
Foreign direct investment (FDI) increased 4.6% in the first seven months of 2015-16 on a year-on-year basis, as par the statistics…
Deposits rise 11%, surge to Rs9.2 trillion
Total outstanding deposits in the banking system in the country surged to Rs9.2 trillion at the end of January, up 10.8%…
Jamshoro power plant: Work yet to begin as project delays enters 3rd straight year
The government’s plan to produce 1,320 megawatts of electricity from the $1.5 billion Jamshoro coal-fired power plant by the end…