Business
Business
Investors continue to invest in PIBs
The government kept increasing its long-term debt while investors remained glued to the Pakistan Investment Bonds (PIBs) in Wednesday’s auction.…
China, Russia close ranks
China and Russia on Wednesday reached a huge gas supply deal worth $400 billion (290 billion euros) over 30 years,…
Ministry seeks return of gas allocated to Guddu plant
Fearing a worsening of power shortage in coming months with a sharp rise in demand, the Ministry of Water and…
Govt ‘may’ increase defence budget by 10pc
Amid strong criticism for disrespecting mandate of parliament, the government indicated its intention to increase the defence budget by 10…
Mango exports to fetch $65m this year
All Pakistan Fruits and Vegetables Exporters, Importers and Merchants Association has fixed mango export target at 175,000 tonnes for this…
Rs720m special funds withdrawn from education department
Thousands of girl students in Punjab would have to wait for an indefinite period for the provision of missing facilities…
SMEs urge govt. to reduce tax rates
The Small and Medium Enterprises Alliance (Samea) has urged the government to relax regulations, reduce tax rate and increase the…
IFC to perform due diligence of Bank Alfalah
The State Bank of Pakistan (SBP) has officially authorized the International Finance Corporation (IFC) to begin due diligence on Bank…
Finance ministry demands Rs 3bn refund from ECP
The Ministry of Finance has demanded refund of Rs 3 billion from Election Commission of Pakistan (ECP) under the head…