A special premier lounge for business class passengers was today inaugurated at Jinnah terminal of Karachi International Airport. This special lounge is… Read More
Non Performing Loans From Textile Sector Are Hurting Profitability of Banks
Non Performing Loans (NPL) from the textile sector has started hurting the profitability of the country’s banking sector. The newly… Read More
Current Account Deficit Has Increased By Almost 3 Times During FY17
Pakistan’s current account deficit (CAD) has increased by more than 3 times during fiscal year 2017, reaching US $ 12.098… Read More
PSX Suspends Trading Rights Certificate of SZ Securities
Pakistan Stock Exchange Limited (PSX) announced that the trading rights (TRE) Certificate of M/s. S.Z Securities (Private) Limited (“SZ Securities“)… Read More
Pakistan’s Banking Sector Increases Its Loan Portfolio By 17%
Pakistan’s banking sector increased its loan portfolio by 17 percent during the last fiscal year. This has resulted in the… Read More
Banking Sector is Failing Its Core Function by Ignoring Underprivileged Segment: SBP
The State Bank of Pakistan (SBP) confessed that even with current reforms, the financial sector and policy makers continue to… Read More
Pakistan to Lead Asian Coast Guard and Maritime Security Agencies (HACGAM)
HACGAM 13th Working level meeting (WLM) was held in Karachi from July, 11 to 13 2017 at a local hotel.… Read More
Global Share Prices for Airlines Rise by 22% in 2017
Airlines profits and shares price are on a rise due to lower fuel prices and increased cargo demand. Since the… Read More
K-Electric Sale To Shanghai Electric Power Faces Uncertainty
K-Electric (KE) takeover deal by Shanghai Electric Power (SEP) is in hot waters. SEP told its shareholders that if KE… Read More
K-Electric Announces $1 Billion Investment Plan
Karachi Electric (KE) has announced $1 billion investment in power generation and upgradation of transmission infrastructure. KE will build a… Read More
PIA and Pilot Association’s Latest Dispute Could Impact Hajj Flights
The dispute between PIA management and Pilots association has surfaced again and if this matter is not resolve soon, it… Read More
PIA to Combat Drug Trafficking Through New SOPs
Pakistan International Airlines (PIA) has stated that it has made new Standard Operating Procedures (SOP) to curb drug trafficking incidents… Read More
