Business
Business
Moody’s report: International bonds weaken Pakistan’s debt affordability
Islamabad: Pakistan’s debt affordability has weakened after it shifted to non-conventional loans by issuing $3.5 billion worth of international bonds, increasing…
500 strong: Meezan Bank takes over HSBC’s operations
Meezan Bank has acquired HSBC Bank Oman operations in Pakistan, a stock filing report stated earlier yesterday. Owned 51% by…
Brokerage house sold for for Rs. 213.4m
The lnvest & Finance Securities (IFS) brokerage house has been sold for Rs. 213,4m. One of the few listed brokerage…
$6.2b package: IMF sets deadline for applying new taxes
"Pakistan will have to make around Rs40 billion in additional tax measures in the next two weeks," the chief of…
Pakistan agrees to raise billions in new taxes
In order to secure the next $502 million loan tranche from the International Monetary Fund (IMF), Pakistan has agreed in…
“Pakistan’s GSP + status under threat, says EU
Islamabad: The suspension of the GSP Plus status of Pakistan cannot be ruled out if the South Asian nation fails…
Fauji Fertilizer Company all set to launch in Tanzania
Fauji Fertilizer Company (FFC) announced that it is going to invest in a joint venture operation to set up a…
ECC gives the nod to $16b LNG deal with Qatar
The Economic Coordination Committee (ECC), which is scheduled to meet later today. It is likely to approve a proposed $16…
SNGPL, SSGCL on verge of bankruptcy: Claim their respective MDs
Pakistan’s main two gas utility companies are virtualy bankruptcy as their annual losses due to unaccounted for gas (UFG) have…