Business

Business

Energy subsidies benefit the rich more then the poor: WB

A new report released yesterday by the World Bank (WB) on inequality in South Asia, says that energy subsidies have…

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First phase of Pak Chinese Economic Corridor approved

ISLAMABAD: The Executive Committee of the National Economic Council (Ecnec) on Thursday approved eight development projects worth Rs157 billion, including…

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Banks sell dollars due to liquidity crunch

Selling of dollars by many cash-starved banks to generate liquidity has mounted pressure on the rupee against the greenback, according…

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Turks interested in investing in Pakistan

A Turkish business delegation led by Governor Ankara Mehmet Kiliclar visited the defence exhibition IDEAS-2014 yesterday. On the occasion, Governor…

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US envoy enthusiastice about promoting business ties

The US-Pakistan relationship should continue to grow, but it should be less about what the two governments can do and…

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SECP lifts ban on KSL’s trading activities

KASB Securities Limited (KSL) was back in business yesterday after the Securities and Exchange Commission of Pakistan (SECP) lifted its…

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Lower cotton prices attract buyers

Falling cotton prices yesterday attracted buying from some mills and exporters who indulged in short covering to meet their near-future…

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No monetary expansion in July-Nov

Monetary expansion went down to almost zero per cent in the first five months of this fiscal year, a situation…

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Sukuk market to change as investor appetites start shifting

The market for sukuk, or Islamic bonds, looks set to enjoy another year of expansion, but some investors are planning…

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