Business
Business
WB approves $138m for improvements in Sindh irrigation system
The World Bank has approved US$138 million additional financing to the Sindh Water Sector Improvement Project to further improve efficiency…
Yield on PIBs cut again
The bonds market got signal for further cut in interest rate, as cut-off yield on Pakistan Investment Bonds (PIBs) was…
3 new commissioners appointed for SECP, CCP
The finance ministry has appointed three new commissioners at the Securities and Exchange Commission of Pakistan (SECP) and two members…
Selective trading at cotton market
The cotton market yesterday witnessed selective trading in quality cotton from spinners and exporters. However, ginners were keen to hold…
Bears firmly in control at KSE
Stocks extended the decline yesterday with the KSE-100 index losing another 209.14 points or 0.68 per cent to close at…
FTA negotiations with Nigeria
The Ministry of Commerce is working on a proposal for early initiation of negotiations with Nigeria on Free Trade Agreement…
CPPA seeks Rs2.92 cut per unit in power rates
Going beyond the Prime Minister’s announcement last week, the Central Power Purchase Agency (CPPA) has sought Rs2.92 per unit reduction…
Shutters down as nation reels from Peshawar carnage
The business community voluntarily shut down markets yesterday to mourn the ghastly massacre in Peshawar. “I can claim with authority…
Cotton trading still lacklustre
Trading failed to pick up on the cotton market yesterday amid selective buying for quality lint. Floor brokers said that…