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KarachiWith clear signs of economic recovery and reviving business activities in Pakistan, local banks will be the key beneficiaries in coming years.As credit appetite has started to grow, local banks are all prepared to finance power, textile, telecom, consumer, construction and transport/ communication sectors when credit penetration in Pakistan is at multi-year low of 19pc of GDP, analyst banking sector at Topline Zeeshan Afzal said.With ...

islamabadAmbassador of Russian Federation Alexey Dedov and other officials from Russian Embassy called on Finance Minister Senator Muhammad Ishaq Dar here on Wednesday.They discussed with the Finance Minister modalities about the Pak-Russia Inter Governmental Commission (IGC) meeting. Ambassador Alexey Dedov said it was important to develop bilateral ties on strong economic footing with due emphasis on investment and trade. Both sides expressed ...

karachiContinuous foreign fund manager support helped index to gain further which was led by PSO and NBP, experts observed here on Wednesday.KSE-100 share index gained 270.22 points or 0.91 percent to close the trading at 29996.61 points compared to the 29726.39 points of the last working day. Faran Rizvi Senior Manager Equity Sales at JS Securities said, OGDC +1.4pc, Lucky Cement +3.4pc and UBL +1.5pc led the way. Lafarge Cement +0.6pc led ...

ISLAMABAD: The APCNGA onWednesday said Compressed Natural Gas (CNG) ...

ISLAMABAD : The mobile phone imports into the country increased by ...

ISLAMABAD - The Competition Commission of Pakistan has issued a ...

ISLAMABAD (PR): Mobilink Foundation set up an ICT Lab at Petaloid ...

ISLAMABADThe Securities and Exchange Commission of Pakistan (SECP) ...

lahorePakistan Association of Automotive Parts & Accessories ...

lahoreIn the wake of the current incentive of GSP Plus Status for Pakistan, given by the EU countries, the leather sector needs to seize the opportunity and become an even greater export earner for ...

karachiState Bank of Pakistan has issued guidelines on value chain contract farmer financing to encourage banks to extend credit to small and marginalised farmers by leveraging on the strengths of ...

lahoreThe Lahore Chamber of Commerce & Industry on Wednesday called for a comprehensive strategy to overcome low local and foreign investment phenomenon.LCCI President Ejaz A. Mumtaz said that ...

KARACHI ARACHI: Rupee remained stable against dollar in inter bank while dipped in cash-free market on Wednesday, dollar traded at highest rate of Rs 102.40 in open market. According to the data ...

ISLAMABAD After coming down to the 14th month lowest level in August, the Inflation rate has once again climbing up due to the devastating floods and sit-ins of Pakistan Tehreek-I-Insaf (PTI) and ...

KARACHI : PIA has acquired two Boeing 737-800 aircraft which arrived at Jinnah International Airport Karachi on Wednesday. These latest technology fuels-efficient aircraft have been acquired on ...

WASHINGTON : Pakistan will host the 75th Plenary Meeting of the International Cotton Advisory Committee in 2016, the Pakistani embassy said here after the ICAC Standing Committee accepted the ...

ISLAMABAD : Renowned female entrepreneur of the Capital Dr. Zakia Hashmi has been elected unopposed as President of the Islamabad Women’s Chamber of Commerce and Industry (IWCCI) for the term ...

ISLAMABADSerious energy crisis is taking a heavy toll on the overall economy and government should focus on building small dams in the country to produce cheap energy in order to facilitate the ...

LAHORE (PR): Jaag Welfare Association, in collaboration with Help Age International, organised a seminar at a local hotel to mark the International Day of Senior Citizens. Speakers at the seminar ...

LAHORE (PR): Fire erupting at PTCL exchange at Egerton Road Lahore, the other day, paralyzed business operations in almost all sectors including banks, mobile phone companies, stock exchange, ...

Karachi (PR): The Jahangir Siddiqui (JS) Auditorium was officially inaugurated by the Dean & Director IBA, Dr. Ishrat Husain and Mr. Jahangir Siddiqui, Chairman, JS Group at IBA city campus. ...

LAHORE (PR): Honda Atlas Cars (Pakistan) limited (HACPL) being socially responsible organization has always endeavor to contribute towards the betterment of the society. As a part of the same pledge ...

KARACHI (PR): Pioneering business development expert from Pakistan is elected to ACCA global councilThe first woman to be elected onto the board of a stock exchange in Pakistan has now achieved ...

LAHORE (PR): Peek Freans Sooper, the number one selling biscuit brand of Pakistan, creates history by becoming the first biscuit brand with sales over the unprecedented Rs. 11 billion mark. The ...

islamabadMobilink Foundation has partnered with Pakistan Disaster Management Authority (PDMA) to provide food assistance to the flood affectees in the Jhang district and its surrounding areas. ...

ISLAMABAD - Pakistan would hold a donors conference soon to seek international financing for the rehabilitation of the flood affected areas of the country, as the floods have destroyed the crops, ...

LAHORE - Governor Punjab Ch Muhammad Sarwar on Tuesday said that the government has strong realization of textile industry hardships and it has never desired mistreatment to the textile industry. ...

KARACHI - The stock market staged strong rebound on Tuesday despite profit-taking ahead of upcoming Eid-ul-Azha. Positive sentiment supported the index while buying in UBL and NBP also supported ...

LAHORE - Punjab Agriculture department has advised mango growers to follow the advice offered by this department to minimise impact of flooding on mango orchards. A spokesman of the department stated ...

ISLAMABAD - China says it will continue cooperation with Pakistan in energy, infrastructure and industrial projects. This has been stated by Chinese Ambassador Sun Weidong while speaking at a ...

ISLAMABAD - Bernard Francois, Head of Cooperation, Delegation of the European Union (EU) to Pakistan, here on Tuesday inaugurated the EU funded “Pakistan Leather Competitiveness Improvement ...

Karachi - The American Business Council of Pakistan (ABC) Executive Committee has elected Mr. Arshad Saeed Husain, Managing Director, Abbott Laboratories (Pakistan) Ltd., to serve as President ABC in ...

Karachi - Yakoob H Karim of Pakistan Synthetics, Fahad Shoukat of Shafi Gluco-Chem and Arshad Islam of Yuasa Battery have been elected unopposed for the offices of Lasbela Chamber’s president, ...

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