Sate Bank of Pakistan (SBP) has issued a banking licence to the Bank of China. The bank will commence its… Read More
Import, Export Go on Halt as Transporters Continue with Strike
Goods Transporters’ strike entered into the 7th day, impacting the economy severely as country’s imports and exports are at a… Read More
Pakistani Ports Running Out of Space for New Containers
Pakistani port terminals are facing severe congestion due to 13,000 unclaimed and confiscated cargo containers. Out of these, some 5000… Read More
Pakistan Navy Adds Chinese-made Ship to its Fleet
Pakistan Navy received the third Maritime Patrol Ship PMSS DASHT from China for Pakistan Maritime Security Agency (PMSA) on 11… Read More
I Didn’t Break Any Rules: Sleeping PIA Pilot
Pakistan International Airline (PIA) pilot Captain Amir Akhtar Hashmi admitted that he was sleeping during the flight under his command.… Read More
PIA’s Ex-CEO, Under Investigation for Corruption in Billions, Flees Pakistan
Pakistan International Airline’s suspended CEO, Mr. Bernd Hildenbrand has been allowed to fly back home to Germany, we have checked with sources. Mr.… Read More
Cement Exports Decline by 19%
Exports are proving to be Achilles heel for the cement sector that has seen its growth inhibited by regular decline… Read More
IPPs Withdraw from Guarantee Encashment Demand Against Unpaid Dues
Independent Power Producers (IPPs) after getting assurance from the government have withdrawn the sovereign guarantee encashment demand. IPPs claim that… Read More
PIA is Facing Rs. 3.25 Billion Losses Per Month Due to Gulf Based Airlines: CEO
Pakistan International Airline’s (PIA) Acting Chief Executive Officer, Nayyar Hayat, has blamed Gulf based Airlines and the misuse of open… Read More
Pakistan’s First Specialized Terminal For Coal, Clinker & Cement Kicks Off Operations
Pakistan’s first state-of-the-art mechanized, coal, clinker and cement bulk cargo terminal at Port Qasim has become fully operational. Terminal also… Read More
Riaz Riazuddin Appointed as Acting Governor of SBP
Federal Government is reluctant to extend the services of current Governor State Bank of Pakistan (SBP) Ashraf Mehmood Wathra for… Read More
NADRA Sets Up 2 Mega Centers in Karachi
The National Database and Registration Authority (NADRA) has set up two mega centers with a cost of Rs. 370 million in… Read More
