Business News ,Pakistan Stock market, Economic News, Financial News

FATF expected to meet in Paris today

The Financial Action Task Force is expected to decide on Pakistan’s fate during its Paris meeting, which will be held from October 13 to October 18.

October 13, 2019
Published in Business

Results of government's difficult decisions now showing: Hafeez Sheikh

Adviser to the Prime Minister on Finance Dr Abdul Hafeez Sheikh on Saturday reviewed the economic performance of the country during the first three months of the financial year 2020.

October 12, 2019
Published in Business

AEDB approves draft ARE Policy 2019 for sustainable growth

The Alternative Energy Development Board in its 46th Meeting under the Chairmanship of Federal Minister for Power Omar Ayub Khan has approved the draft ARE Policy 2019 on the basis of consensus of all members.

October 11, 2019
Published in Business

Pakistan, China sign MoUs to enhance regional trade and connectivity

Foreign Minister Shah Mahmood Qureshi said Pakistan shared its assessment and feedback from the Indian Occupied Kashmir with the Chinese leadership.

October 9, 2019
Published in Business

Tough economic decisions have started showing results: Hammad Azhar

Federal Minister for Economic Affairs Hammad Azhar on Sunday said that the tough economic decisions taken by the incumbent government have started showing positive results, Radio Pakistan reported.

October 6, 2019
Published in Business

energy minister Prince Abdulaziz bin Salman

Saudi has restored oil output after attacks, focused on Aramco IPO: energy minister

Saudi Arabia has fully restored oil output after attacks on its facilities last month and is now focused on the listing of Saudi Aramco, its energy minister Prince Abdulaziz bin Salman said.

October 3, 2019
Published in Business

The PTI government has decided to abolish the BTB zones

The government has decided to abolish the broadening of tax base (BTB) zones set up in major cities to trace people that remain outside of the tax net despite enjoying lavish lifestyles, pushing the critical…

September 25, 2019
Published in Business

Agreement would enable the CNG sale at least 30 per cent cheaper than petrol price: Mr Paracha

ExxonMobil, the world’s largest publicly traded oil and gas firm, on Wednesday signed an agreement with Universal Gas Distribution Company (UGDC) to supply liquefied natural gas (LNG) to the country’s transport sector.

September 19, 2019
Published in Business

IMF's SOS mission arrives in Pakistan

The International Monetary Fund’s (IMF) SOS mission arrived in Pakistan tody.

September 16, 2019
Published in Business

Proposal to set up CPEC authority opposed

The Parliamentary Committee on China-Pakistan Economic Corridor on Thursday opposed the government proposal to set up a CPEC authority, terming it an unnecessary move that will create more confusion in the execution of the multibillion-dollar…

September 6, 2019
Published in Business

CPPA has requested NEPRA to increase the price of electricity by Rs1.93 per unit

The National Electric Power Regulatory Authority (NEPRA) has been asked to increase the electricity tariff by Rs1.93 per unit.

September 4, 2019
Published in Business

Sheikh Rasheed invites Korean companies to invest in Pakistan

Railways Minister invites Korean companies to invest in Pakistan

Minister for Railways Sheikh Rashid Ahmad has invited the Korean companies to invest in the rail infrastructure of Pakistan.

September 4, 2019
Published in Business

PTI government collects around $30m under ‘Pakistan Banao Certificates'

Pakistan Tehreek-e-Insaaf led government has collected around $30 million under the ‘Pakistan Banao Certificate’ from the Pakistani diaspora living abroad.

September 3, 2019
Published in Business

Nishat Chunian to voluntarily buy shares from stock market at Rs 34ps

Nishat Chunian has announced that it will voluntarily buy back its 32 million shares from the stock market at Rs 34 per share.

September 3, 2019
Published in Business