Business

Business

Revenue loss: Pakistan losing $2.63b a year due to smuggling

"Pakistan is losing a monumental $2.63 billion worth of revenue a year, thanks to smuggling of just 11 goods that…

6 Min Read

Neelum Jhelum Project: First power unit to be commissioned in June 2017

The first unit of the 969MW Neelum-Jhelum Hydropower project is set to be commissioned in June of next year. The…

2 Min Read

Property portal: Zameen.com raises a staggering $20m

 Zameen.com, Pakistan’s most popular  real estate portal, has announced that it has closed its ‘Series C’ funding round with a…

3 Min Read

“Pakistan borrowed $1.42b in 3 months”: Claims Ishaq Dar

Pakistan borrowed an absolutely staggering $1.42 billion from foreign countries and financial institutions during the past three months. During the…

2 Min Read

EOBI, Amtex ltd: Brokerage house to prison

There is the reason why regulators generally refrain from holding brokerage houses accountable for research reports that turn out to…

5 Min Read

MOL Pakistan hits large gas reserves in Tal block, KPK

 MOL Pakistan has made a sizeable gas-condensate discovery at its exploratory well Mardan Khel-I in Hangu district of Khyber-Pakhtunkhwa. This is a…

3 Min Read

Pak Russia meeting today : $2b LNG project under discussion

Pakistan and Russia are to meet in Moscow today (Tuesday) to discuss the course of action on the eventual implemention…

4 Min Read

Commerce minister shows plan to set up industrial zones across country

"The federal government is working on a legislation pertaining to establishing industrial zones across the country under the China-Pakistan Economic…

4 Min Read

PSE: Panic grips bourse as index plunges a straight 1,216 points

 Shares on the newly renamed  Pakistan Stock Exchange (PSE) plummeted  shortly after the start of the first trading session of…

1 Min Read