Business
Business
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…
FBR initiates drive to ensure tax return filing by vehicle owners
Karachi: The Federal Board of Revenue (FBR) has initiated a drive to identify income sources of luxurious vehicles’ owners to…
Work on TAPI pipeline to begin in December
Federal Minister of Petroleum and Natural Resources Shahid Khaqan Abbasi has announced that heads of Pakistan, Afghanistan, India and Turkmenistan…
Dollar crosses Rs104
KARACHI: The US currency crossed Rs104 in the open market on Wednesday, providing a premium of more than Rs2 per…
Differences emerge over new auto policy
Islamabad: Differences between two key ministers are apparently standing in the way of approval of the proposed new auto policy that…
NBP claims 600,000 ghost pensioners bagged billions
Islamabad: In what might well be one of the biggest financial scandals of the country, the National Bank of Pakistan (NBP)…
Engro Corp’s profit up 200% in first half of 2015
Karachi: Engro Corp increased its net earnings by more than 200% in the first half of 2015 and outperformed the benchmark…
Dreamworld to be delisted from September 17
Karachi: The Karachi Stock Exchange (KSE) has accepted the request of ‘Dreamworld Limited’ for its delisting from the exchange, a statement…