Business
Business
Ebola ‘fear factor’ risks economic catastophe: World Bank
The World Bank warned yesterday that fear of the deadly Ebola virus is choking off economic activity in West Africa…
“Economy may suffer from political impasse”: ADB
Asian Development Bank (ADB) President Takehiko Nakao warned yesterday that the ongoing political impasse could damage Pakistan's recently stabilised economy,…
Power sector debt to PSO increases to Rs186bn
Pakistan State Oil (PSO) receivables from power sector are Rs186 billion, according to Managing Director Amjad Pervaiz Janjua. “Actually it…
Liquidity crunch responsible for poor response to T-bills auction
The poor participation of banks in treasury bills auction on Wednesday revealed that they are out of cash, particularly because…
Opec expected to lower output target
Opec’s secretary general said he expected the group to lower its oil output target when it meets in late November,…
New global plans for crackdown on corporate tax avoidance
Plans for a major rewriting of international tax rules unveiled yesterday could eliminate ristrictions that have allowed companies like Google…
“ADB to support Bhasha dam project”: ADB President Takehiko Nakao
The Asian Development Bank (ADB) has said that despite its limited financing capacity it would support the Diamer-Bhasha dam to…
Bulls make cautious return as stock up by 110 points in volatile trade
Stocks continued to climb on Tuesday with the KSE-100 index adding another 110.17 points or 0.37 per cent to close…
Lucky Cement all set to invest Rs27bn in power project
Lucky Cement Limited declared yesterday that the company board had approved equity investment of around Rs27 billion to set up…