Business

Business

Doller loses further ground to the rupee

 The dollar’s slide against the rupee continued on Friday as the US currency traded as low as Rs96.10 in the…

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China ready to kick start work on economic corridor this year says Chinese Premier LI

Chinese Premier Li Keqiang stated that China is ready to work with Pakistan to finalize a long-term plan to build…

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Remittances surge to $11.58bn

Remittances sent home by overseas Pakistani workers increased by 11.87 percent to $11.58 billion during the nine months of the…

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Bulls run riot in Stock Market

Stocks continued to head straight up Thursday, with the KSE-100 index going up by 309.53 points to close at record…

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WB projects 4 per cent GDP growth for 2013-14

The World Bank on Wednesday projected that Pakistan’s GDP growth would approach to four percent during ongoing financial year 2013-14,…

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KSE ups 288 points on Eurobond launching outcome

Market rallied after Pakistan government raised highest ever amount of $2b in one attempt through Eurobonds, as a result of…

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Punjab industry incurs Rs80b additional costdue to Power and gas loadshedding

Compared with the industry in other provinces, the industry in Punjab incurs Rs80 billion in additional costs related to energy…

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Sindh CM expects huge foreign investment in the province

Sindh Chief Minister Syed Qaim Ali Shah has said that his province is expected to receive multibillion dollar foreign investments…

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$2 billion 5-, 10-year Eurobonds sold

Pakistan on Wednesday sold $2 billion worth of five- and 10-year bonds in its first international sale since 2007, the…

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