Business
Business
Moody’s assigns B3 to Pakistan’s global bond offering
Islamabad: Moody’s Investors Service has given a definitive rating of B3 to Pakistan’s global bond offering, quoting, “the outlook is stable.” …
PSM privatisation: Govt to retain Rs.142b in liabilities, all land
The Privatisation Commission (PC) board on earlier yesterday approved the transaction structure for the sale of ailing Pakistan Steel Mills (PSM),…
Inflation dips to 12-year low of 1.3% last month
Inflation in Pakistan continued to drop, falling to a low of 1.3% in September ,amidst fears of the risk of deflation.…
Government raked over coals over LNG purchase at ‘high prices’
Senators belonging to the Pakistan Peoples Party (PPP) earlier today castigated the Petroleum and Natural Resources Minister Shahid Khaqan Abbasi…
US to release $375 million under CSF arrangement
Breaking the gridlock over a fresh agreement on the continuation of Coalition Support Fund (CSF) disbursements beyond 2014, the United…
FBR still Rs63 bn short of tax collection target
The FBR is facing revenue shortfall of Rs63 billion during first quarter (July-Sept) period of the current fiscal year. In…
Airports overhaul plan: Govt to spend Rs.44b
The government is planning a huge Rs.44 billion overhaul of major airports over the next two years. Its part of…
Circular debt: PIA, ower companies owe PSO Rs.215 bn
The circular debt of power companies and the Pakistan International Airlines (PIA) has gone through the roof as the Pakistan State…
IMF releases $505m trenche to Pakistan
The International Monetary Fund (IMF) has approved the release of a $504.8 million tranche to Pakistan in spite of questions…