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Saturday, 28 February 2015
2. Marketing Diamer-Bhasha dam
(Highlights/Business News)
... eting team, comprising officials from Wapda, economic affairs division and the finance ministry. The group would also attend the annual meetings of the World Bank and the Asian Development Ban ...
Friday, 10 October 2014
3. Corporates flush with cash
(Highlights/Business News)
Friday, 10 October 2014
4. UBL stake sale yields $387m
(Highlights/Business News)
ISLAMABAD: Pakistan has re-entered the world equity market after a lapse of eight years, with the government selling its 19.8 per cent stake in United Bank Ltd (UBL) for $387 million. With the ...
Monday, 16 June 2014
5.
(Highlights/Business News)
Monday, 02 June 2014
6. C/A deficit rises to $2bn
(Highlights/Business News)
KARACHI: The current account deficit has risen for the third consecutive quarter (Jan-March) of this fiscal year. The State Bank reported on Thursday that the total current account deficit at ...
Friday, 18 April 2014
7. Credit cards business declining: State Bank
(Highlights/Business News)
Saturday, 12 April 2014
Saturday, 12 April 2014
9. Bulls go wild; index crosses 29,000-level
(Highlights/Business News)
...  issued $2bn Eurobonds and news of World Bank to provide $10bn to the country for development projects over the next five years were sentiment boosters. Analyst Samar Iqbal stated that market continue ...
Saturday, 12 April 2014
10. Islamic finance good alternative: SBP
(Highlights/Business News)
KARACHI: The State Bank of Pakistan (SBP) believes that Islamic finance is a better alternative to the conventional banking and is one of the fastest growing segments of the global as well as domestic ...
Monday, 07 April 2014
11. Pakistan Steel: groping in the dark
(Highlights/Business News)
Monday, 07 April 2014
12. Dollar drops to Rs97
(Highlights/Business News)
... in the interbank market. However, in the open market the dollar was being sold at Rs100.40 and bought at Rs100.15, registering a slight decrease in its value from the previous day. The International ...
Monday, 24 March 2014
13.
(Highlights/Business News)
... ance Secretary Dr Shujaat Ali is representing the government on the boards of the National Bank of Pakistan, National Highway Authority, Pakistan Television Corporation and Pakistan Broadcasting Corpora ...
Monday, 24 March 2014
14. Uncertainty prevails in currency market
(Highlights/Business News)
Tuesday, 18 March 2014
15. WB to approve $1.5bn loan next month
(Highlights/Business News)
ISLAMABAD: The World Bank is expected to approve $1.5 billion programme and project loans for Pakistan next month after completion of discussions on energy sector reforms over the next few days. ...
Tuesday, 18 March 2014
... prices. Trade and industry stakeholders foresee price cut in various imported products as $1 is now equal to Rs100 in interbank market as compared to Rs105-106 in the last two months. The US currency ...
Wednesday, 12 March 2014
17. Rupee continues to rise against dollar
(Highlights/Business News)
... in buying and Rs100.45 in selling. However, the inter-bank rates dropped further to Rs99.50 in buying and Rs99.70 in selling. The ongoing trend in the open market suggests that the value of the rupee ...
Tuesday, 11 March 2014
18. Stocks hit new highs on institutional buying
(Highlights/Business News)
... d that institutional interest was noted in selected cement, telecom and banking stocks.  ...
Tuesday, 11 March 2014
19. GDP grows 5pc in first quarter: SBP
(Highlights/Business News)
...  the previous fiscal year, according to the first quarterly report released by the State Bank of Pakistan (SBP). The report says that since macroeconomic indicators were favourable at the start o ...
Friday, 28 February 2014
Friday, 28 February 2014
21. Scrutiny of bank accounts
(Highlights/Business News)
Non-corporate business is up in arms against a government decision to give tax collectors the power to peep into the bank accounts of those who they believe are not paying taxes. The businessmen ...
Friday, 28 February 2014
22. SBP reserves jump
(Highlights/Business News)
Friday, 28 February 2014
23. Reforms proposed to tap insurance sector
(Highlights/Business News)
Friday, 28 February 2014
... est warrant but the request was turned down and the matter was listed for hearing next week. Sahara's woes began in 2008 when it shut operations as India's biggest non-bank deposit-taking fir ...
Friday, 28 February 2014
25. Equity prices drift lower
(Highlights/Business News)
... interest was seen in the banking sector followed by cements. Analysts at brokerage Sunrise Capital (Pvt) Limited identified technical correction; uncertainty over operation against militants and macroeconomic ...
Friday, 28 February 2014
26. Asian shares lower despite G20 growth pledge
(Highlights/Business News)
... losses to close down 0.07 per cent, or 0.82 points, at 1,134.19. China's domestic banks have recently tightened lending to the real estate sector, state media said last week, although the four biggest ...
Monday, 24 February 2014
27.
(Highlights/Business News)
Monday, 24 February 2014
28. Privatisation needs a second thought
(Highlights/Business News)
... s and local business elites. Sold out public entities included banks, a telecommunication company, and energy generators and distributors. After assuming power in May last year, the PML-N governme ...
Monday, 24 February 2014
29. Pakistan forex reserves rise to $7.994bn
(Highlights/Business News)
KARACHI: Pakistan's foreign exchange reserves rose to $7.994 billion in the week ending February 14 compared to $7.589 billion in the previous week, the central bank said. Remittances from Pakistanis ...
Saturday, 22 February 2014
30. No loan cancellation, hints Asian Bank
(Highlights/Business News)
ISLAMABAD: The Asian Development Bank (ADB) has decided that it would no more cancel or close any loan to Pakistan. The bank management in its communication on Thursday to the Independent Evaluation ...
Saturday, 22 February 2014

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