Business

Business

US Dollar in free fall in Asia

The US dollar has fallen in  Asia earlier today after comments from Federal Reserve boss Janet Yellen on the weak…

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Pakistan, Qatar formaly sign LNG deal

Pakistan and Qatar on Wednesday formally signed a multi-billion dollar Liquified Natural Gas (LNG) deal that would enable the energy-starved nation to import…

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Oil prices rebound slightly in Asia

Oil prices rebounded on bargain-buying in Asia earlier today after yesterday’s steep decline but analysts warned any gains would be…

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Malindo airline all set to commence operations in Pakistan

Malindo, an airline jointly co-owned by Malaysia and Indonesia, has acquired landing rights in Pakistan. Malindo – Mal for Malaysia…

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OGDC to add 125mmcfd to national grid from next month onwards

The Oil and Gas Development Company (OGDC) is preparing to add 125 million cubic feet of gas per day (mmcfd)…

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Pakistan’s current tax regime favours elite: report

Islamabad: Pakistan’s tax regime is heavily tilted in favour of the elite, says the Tax Reforms Commission (TRC) in its final…

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Ahsan Iqbal warns against CPEC conspiracies

Warning of new conspiracies against the multibillion-dollar China Pakistan Economic Corridor (CPEC), the Planning and Development Minister Ahsan Iqbal vowed on…

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SBP to auction sukuk worth approximately Rs100b this week

The State Bank of Pakistan (SBP) is expanding the issuance of local currency Islamic bonds (sukuk). In this regard it…

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6 biggest banks to collectively post record profit of Rs130b

6 of the biggest banks in Pakiatan are expected to collectively post a record profit of Rs130 billion for 2015,…

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