Business

Business

Auto sales accelerate by a hefty 66% in first 6 months

Locally produced automobile sales (including light commercial vehicles, vans and jeeps) increased by approximately 66% in the first six months…

4 Min Read

Pakistan receives remittances to the tune of $9.7b in Jul-Dec

Overseas Pakistanis sent remittances to the tune of $9.7 billion in July-December, which translates into a year-on-year (YoY) increase of…

4 Min Read

PML-N govt hired an additional 1,000 workers in overstaffed PIA

While complaining constantly about chronic over staffing in the national flag carrier, the government has quietly recruited another 1,000 people in…

4 Min Read

Pakistan Stock Exchange formally launched today!

Pakistan's Finance Minister Ishaq Dar on Monday officially inaugurated the Pakistan Stock Exchange (PSE), which has been formed after the…

2 Min Read

World oil prices at 12 year low as govt fleeces masses

World oil prices fell through the floor to their lowest ever levels in 12 years earlier this week as the…

2 Min Read

Packaging industry: $80m plant to be set up in Faisalabad

The United Kingdom’s Ashmore Fund is all set to  invest $80 million in building the first aluminium and steel can…

4 Min Read

World Bank warns Pakistan of ‘substantial’ fiscal risks

Sovereign guarantees against the $46 billion China-Pakistan Economic Corridor (CPEC) investment and a likelihood of increased spending ahead of the…

4 Min Read

Punjab: Consumers pay billions to non functional power plant

Consumers of electricity have paid billions of rupees in 'capacity charges' to a non functional power plant as gas supply,…

3 Min Read

Mutual fund performance: AKD Opportunity Fund ranked the very best in 2015

AKD Opportunity Fund was the best-performing equity fund in 2015. As a matter of fact it posted an annualised return…

5 Min Read