Business
Business
Pakistan’s FDI higher by 7.5%: Receives $119.3m
Pakistan received foreign direct investment (FDI) of $119.3 million in the first two months of 2015-16, which is 7.5% higher…
Govt keen on coal-based power generation
The government thinks that coal-based power generation is the best source of energy in the wake of fast depleting gas…
Fitch assigns ‘B’ rating as Pakistan continues economic reforms
The well known rating agency 'Fitch Ratings' has assigned Pakistan a long-term foreign and local currency issuer default rating of…
Khaqan Abbasi offers himself for trial if corruption unearthed
Petroleum and Natural Resources Minister Shahid Khaqan Abbasi has offered himself for trial for any irregularities in the award of…
Second LNG terminal project too controversial to handle
The plan to build a second liquefied natural gas (LNG) terminal has been put on hold in the wake of…
PM calls for audits of Nandipur project
Prime Minister Nawaz Sharif has ordered two separate audits — one by an audit firm of international repute and the…
Finance Minister lauds SBP’s policy rate cut
Finance Minister Senator Mohammad Ishaq Dar earlier yesterday appreciated the decision by State Bank of Pakistan (SBP) to reduce Policy…
State Bank announces monetary policy
The State Bank of Pakistan earlier today announced the new monetary policy for the next two months reducing the interest…
FESCO privatisation issue: due diligence finds host of issues
After unearthing problems in privatising the national carrier, the Privatisation Commission (PC) is all set to face another fiasco. The…