Business

Business

Pakistan receives over $1bn in sukuk payment

Yesterday, Pakistan has received $1 billion payment for its recent sukuk sale, said a spokesman for the State Bank of…

1 Min Read

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…

1 Min Read

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…

1 Min Read

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…

1 Min Read

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…

1 Min Read

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…

2 Min Read

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…

2 Min Read

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…

1 Min Read

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…

2 Min Read