State Bank of Pakistan (SBP) has taken a series of concrete steps to streamline exports income of the IT industry… Read More
Silk Bank to Float Rs 2 Billion Term Finance Certificate
Silk Bank will float a Term Finance Certificate of Rs 2 billion in coming months to raise funds for meeting… Read More
Efforts Underway To Give Lease of Life To Wireless Operators in Pakistan
In order to protect million dollar investments, jobs and the customers’ money, Pakistan Telecommunication Authority (PTA) has come up with… Read More
TCS and UPS Launch International Gateway Facility
TCS Holdings (Pvt.) Ltd has opened an international gateway facility in Karachi through its strategic alliance with UPS (NYSE: UPS)… Read More
Telecom Sector Revenues Likely To Record Slight Growth in FY17
Revenues from telecom sector reached an estimated Rs. 234.9 billion during the first two quarters of Financial Year 2016-17. The… Read More
Telecom Sector Dividends to Headquarters Decline By 53%
Despite heavy investment on the advancement and expansion of infrastructure in past few years, the telecom sector repatriation of dividends,… Read More
HBL Records Zero Growth in Profits for Q1 2017
Habib Bank Limited (HBL) recorded zero growth in profits in the first quarter of 2017, which stand at Rs 9.07… Read More
Hutchison Ports Pakistan Sets New Vessel Handling Record
Hutchison Ports Pakistan, the country’s first deep-water container terminal, has received the first call of the Hyundai Splendour, the largest… Read More
SBP Relaxes Terms for Banks to Promote Housing Finance
State Bank of Pakistan (SBP) has relaxed banks’ terms and conditions for promoting housing finance across the country to benefit… Read More
China Regains Top Investor Status in Pakistan
China has become the top investor in Pakistan with inflows increasing to $630 million by the end of third quarter… Read More
IM Released: PTA to Issue TPSP Licenses for Rs. 1 Million Each
Pakistan Telecommunication Authority (PTA) has set up Rs 1 million initial license fee for Third Party Service Providers (TPSP) who… Read More
Pakistan’s Foreign Exchange Reserves Deplete by $1.61 Billion
Pakistan foreign exchange reserves are falling down speedily, posing questions over the competency of economic managers of the country. More… Read More
