Business
Business
Asian Development Bank approves $6b loan for Pakistan
Islamabad: The Asian Development Bank has approved a five-year $6 billion loan for Pakistan to finance the development of the…
Afghanistan calls off key meeting on economic issues
Islamabad: Afghanistan has refused to participate in a meeting of the Joint Economic Commission (JEC) at the last minute as…
PIA still a manageable entity, says former MD
Islamabad: Followers of Pakistan International Airlines will always believe the national carrier is in the doldrums. For those who have worked…
Dollar reaches 17 month high against rupee
Karachi: With stock markets in Asia tumbling including the Karachi Stock Exchange (KSE) the Pakistani rupee fell to its 17…
KSE plummets by 1,300 points during intra-day trading
Karachi: Panic selling led to a major drop in the benchmark index of the Karachi Stock Exchange (KSE) on Monday. The…
Iran has not much gas for sale, Pakistan must act swiftly
Islamabad: The lifting of economic sanctions from Iran will give Pakistan a unique opportunity to address acute energy shortages with the…
Nielsen report: Illicit tobacco trade grows 43.5% in 6 years
Karachi: In a sign that Pakistan’s struggle to curb illicit tobacco trade continues, a recent study says that more than 1…
Chinese firm to develop coal-based power projects
Islamabad: The Private Power and Infrastructure Board (PPIB) and Shanghai Electric Group Company (SEGC) have inked a letter of interest for…
Three banks in race to handle $1b bond float
Islamabad: The government has received three bids from prospective financial advisers and one of them will be hired to put in…