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ISLAMABADAsian Development Bank (ADB) President Takehiko Nakao has hoped that Pakistan’s leadership would resolve the ongoing political impasse prevailing in the country by producing a peaceful solution of the crisis.“I did not cancel my visit to Pakistan due to the ongoing political impasse prevailing in the country”, said Takehiko Nakao while addressing a joint press conference with Finance Minister Senator Ishaq Dar here. ...

KARACHI - Stocks closed lower amid institutional profit-taking in oil, fertilizer and telecom stocks amid investors’ concerns for political uncertainty and economic losses on account of devastating floods in Punjab.At local equity market benchmark KSE-100 share index off by 43.73 points or 0.14 percent to end the day at 30136.57 points compared to 30180.30 points of the previous day. Ahsan Mehanti analyst at Arif Habib Corp said falling ...

LAHORE - Provincial Minister for Finance, Excise & Taxation Mujtaba Shuja-ur-Rehman has said that a sum of Rs350 million has been provided (Rs7,000 each) to 50,000 families displaced due to operation in North Waziristan while Rs350 will be given to the flood affected families in Punjab as financial assistance before Eid-ul-Azha. He said despite difficult situation, Punjab government and the people of the province will provide all out ...

       ISLAMABAD - Pakistan plans to ...

KARACHI - A high-level delegation led by US Ambassador Richard Olson ...

LAHORE  - Pakistan Carpet Manufacturers and Exporters ...

Lahore - As the campaign for the LCCI elections for 2014 is in full ...

Lahore (PR): Mobilink has upgraded Jinnah Welfare Society’s ...

KARACHI (PR): Two Trailblazer Ceremonies were held in Karachi in ...

OICCI dismayed over FDI inflowKARACH(Our Staff Reporter): The Managing Committee (MC) of Overseas Investors Chamber Commerce and Industries, expressed its dismay on the poor FDI inflow of only $87 ...

KARACHI - Dollar further dipped against rupees in money market on Friday, it was traded at lowest rate of Rs 102.70 in inter bank.  According to the data provided by the Forex Association of ...

LAHORE (PR): LESCO management would punished officials and officer involved in overbilling of electricity. The Company has introduced incentives for those officials who would work for detection of ...

ISLAMABAD (PR): Pakistan Telecommunication Company Limited (PTCL) has launched an exclusive WiFi service, ‘Managed WiFi’ for its corporate customers.PTCL’s Managed WiFi service ...

NEW DELHI (PR): The second edition of Aalishan Pakistan Exhibition, organized by TDAP and the FICCI in Delhi, India, has left the visitors in awe through their unique display. The four-day exhibition ...

ISLAMABAD - Asian Development Bank President Takehiko Nakao visited Benazir Income Support Programme’s (BISP) Tehsil Office Taxila. He was greeted by Chairman BISP Enver Baig, Secretary BISP ...

karachi - Member of Sindh Assembly Shahid Abdul Salam Thaheem, who is also chairman of Sindh Technical Education & Vocational Training Authority (STEVTA), has said that Government of Sindh has ...

LAHORE - Pakistan has become a land of opportunities as its various economic sectors, particularly energy sector and huge untapped mineral resources worth trillions of dollars have great scope for ...

BEIJINGChina will ban the sale and import of “dirty” coal in less than four months, a top government body said, in an anti-pollution move that could have repercussions for key exporters ...

Lahore: Lahore Chamber of Commerce & Industry and Ghurki Trust Teaching Hospital have decided to sign a Memorandum of Understanding (MOU) to provide best healthcare facilities to the LCCI ...

KARACHI (PR): Dubai Islamic Bank Pakistan Limited (DIBPL) and Royal Park (a project of Quality Builders Limited) signed an alliance to promote the launch of Royal Park, a luxury residence and a mixed ...

LONDON World oil prices stabilised on Tuesday as investors continued to digest weak global data and awaited the start of the US Federal Reserve’s latest monetary policy meeting.In late morning ...

KARACHI Political unrest and current floods badly hampered the economic activity in the country where government totally seen paralysed to control the situation. Business community and economic ...

KARACHIKarachi Chamber of Commerce and Industry (KCCI) President Abdullah Zaki has strongly condemned the brutal assault by Punjab Police on President of Islamabad Chamber of Commerce and Industry ...

ISLAMABAD Finance Minister Senator Ishaq Dar on Tuesday said that country has  beendeprived of $2.4 billion foreign exchange due to the political uncertainty that delayed three important ...

KARACHI Stocks closed bullish led by selected banking, cement and oil stocks on strong earnings outlook.KSE benchmark 100-index up by 110.17 points or 0.37 points to end the day at 30180.30 points ...

ISLAMABADPresident Mamnoon Hussain on Tuesday said reforms and improvement of infrastructure could provide an enabling environment for sustainable economic growth and development. Talking to Takehiko ...

ISLAMABAD: First phase of Neelum Jhelum Transmission  Line would be completed by December 2015, while the cost of this phase would be about Rs. 16 to 17 billion which is lower than the projected ...

ISLAMABAD The government has failed to release developmental funds for 21 federal ministries and two key national corporations--Wapda and National Highway Authority (NHA)--despite passing two and ...

Opel Group acts to counter downturn in Russian marketBERLIN (AFP): Opel Group, the European subsidiary of US auto giant General Motors, said on Tuesday it was reorganising its production in Russia ...

KARACHI: Dollar dipped against rupee in money market on Tuesday, it was traded at lowest rate of Rs 102.75 in inter bank.  According to the data provide by the Forex Association of Pakistan, ...

Islamabad- Asian Development Bank (ADB) President Takehiko Nakao has arrived in Islamabad on a three-day visit to discuss projects of national importance. In his brief remarks at the airport, he said ...

Fiza nominated as “Future Energy Leader”KARACHI (STAFF REPORTER): The CEO of Buksh Foundation and Director Buksh Energy Pvt. Ltd. Ms. Fiza Farhan has been nominated as the “Future ...

ISLAMABAD  - The Federal government on Monday has unveiled its new austerity plan, as it imposed ban on the purchase of new vehicles, new recruitments and restricting the official lunches and ...

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