Business

Business

State Bank decides to maintain interest rate at 5.75 percent

The State Bank of Pakistan decided to maintain the interest rate at 5.75 percent. Governor State Bank of Pakistan Ashraf…

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K-Electric charges Rs 62bn extra to power utility from consumer

 The K-Electric has recovered additional Rs. 62 billions  from its consumers in bills. The Water and Power Ministry has disclosed…

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Pakistan builds 1500 Tons Maritime Patrol Vessel

Keel Laying Ceremony of 1500 Tons Maritime Patrol Vessel (MPV) being built for Pakistan Maritime Security Agency (PMSA) was held…

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Foreign exchange rates

The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following exchange rates bulletin, here on Thursday. LIBOR FOR CALCULATING…

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Taiwan economy rallies thanks to electronics demand

Taiwan´s economy notched up its best performance in almost two years in the final quarter of 2016, with strong demand…

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Lt Gen (retd) Ishfaq Nadeem made MD Mari Petroleum

Lt Gen (retd) Ishfaq Nadeem Ahmed has been appointed as Mari Petroleum Company Managing Director (MD)/ Chief Executive Officer (CEO…

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Pakistan Stock Exchange crosses 50000 points

Pakistan Stock Exchange on Tuesday at crossed 50 thousand points with 174 points increase in hundred index.  The benchmark 100 Index  recorded…

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7 latest locomotives reach Pakistan from US

A consignment of seven new modern locomotives have reached Karachi from the United States to reinforce Pakistan Railways’ existing fleet.…

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Dollar down as Trump takes over, most Asian markets up

The dollar retreated against most of its peers Monday, with warnings of wild volatility ahead as Donald Trump began his…

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