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Auto sales accelerate by a hefty 66% in first 6 months
Locally produced automobile sales (including light commercial vehicles, vans and jeeps) increased by approximately 66% in the first six months…
Pakistan receives remittances to the tune of $9.7b in Jul-Dec
Overseas Pakistanis sent remittances to the tune of $9.7 billion in July-December, which translates into a year-on-year (YoY) increase of…
PML-N govt hired an additional 1,000 workers in overstaffed PIA
While complaining constantly about chronic over staffing in the national flag carrier, the government has quietly recruited another 1,000 people in…
Pakistan Stock Exchange formally launched today!
Pakistan's Finance Minister Ishaq Dar on Monday officially inaugurated the Pakistan Stock Exchange (PSE), which has been formed after the…
World oil prices at 12 year low as govt fleeces masses
World oil prices fell through the floor to their lowest ever levels in 12 years earlier this week as the…
Packaging industry: $80m plant to be set up in Faisalabad
The United Kingdom’s Ashmore Fund is all set to invest $80 million in building the first aluminium and steel can…
World Bank warns Pakistan of ‘substantial’ fiscal risks
Sovereign guarantees against the $46 billion China-Pakistan Economic Corridor (CPEC) investment and a likelihood of increased spending ahead of the…
Punjab: Consumers pay billions to non functional power plant
Consumers of electricity have paid billions of rupees in 'capacity charges' to a non functional power plant as gas supply,…
Mutual fund performance: AKD Opportunity Fund ranked the very best in 2015
AKD Opportunity Fund was the best-performing equity fund in 2015. As a matter of fact it posted an annualised return…