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…

3 Min Read

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…

5 Min Read

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…

4 Min Read

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…

5 Min Read

Dollar crosses Rs104

KARACHI: The US currency crossed Rs104 in the open market on Wednesday, providing a premium of more than Rs2 per…

4 Min Read

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…

4 Min Read

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)…

4 Min Read

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…

3 Min Read

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…

3 Min Read