Business
Business
PIA planning to expand fleet: Acquisition of 7 new jets on the cards
Karachi: Pakistan International Airlines (PIA) plans to lease seven new jets by year-end, aiming to increase the size of its fleet…
Pak China trade:Pakistan wants zero tariff on 70% items
In a bid to take advantage of the Free Trade Agreement (FTA) between Pakistan and China, Pakistani authorities have asked…
Rules violation: SBP deputy governor’s appointment raises eyebrows
In a clear violation of the State Bank of Pakistan (SBP) Act of 1956, the House Building Finance Company Limited…
Chinese firm willing to finance power projects
Islamabad: Pakistan has offered for financing seven to eight hydroelectric power projects on the upper Indus basin to China Three Gorges…
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…