The computer venders/importers and assemblers have proposed Finance Minister Asad Umar to set up a digital ministry to exclusively deal… Read More
PTA to Set up A Financial Control Portal to Increase Workflow Efficiency
Pakistan Telecommunication Authority is planning to develop a Financial Control Portal to replace its current system to improve core tracking… Read More
Xiaomi Posts Exceptional Profits in First Quarterly Results After IPO
Strong financials, generating a slightly higher share price.… Read More
PPL Makes Another Hydrocarbon Discovery in Sindh
Pakistan Petroleum Limited has discovered hydrocarbons from its exploration well Badeel X-1, located in district Sangarh, Sindh. PPL, which is… Read More
Moody’s Retains Pakistan in List of Countries “Most Vulnerable to Dollar Appreciation”
Moody’s Investors Service reported the fallout from the correction in Turkey’s (B3 negative) exchange rate and the external vulnerability and… Read More
To Plug the Rising Trade Deficit, China Offers to Trade in Yuan With Pakistan
China has offered Pakistan to start bilateral trade in Renminbi (Yuan) to deal with the issue of widening trade deficit,… Read More
Bestway Cement Posts 1% Lower Profit as Revenue Swells to Rs. 52.88 Billion
Bestway Cement Limited has posted a net profit of Rs. 13.15 billion for the fiscal year ending on June 30… Read More
DIFC Courts Appoint Liquidators to Oversee Abraaj Capital
Dubai International Financial Centre (DIFC) Courts have appointed Phil Bowers and David Soden from Deloitte following the Abraaj Capital’s request to wind up… Read More
External Finance Risk Could Hamper PTI’s Government: Fitch Ratings
Pakistan’s PTI-led coalition government, which will take office within the next couple of weeks, will be under immediate pressure to… Read More
AliPay Pakistan to Start Its Operations By the End of This Year
Alibaba’s Alipay, the online and mobile payments system behind Aliexpress and Alibaba platforms, is going to start its operations in… Read More
Pakistan Received US$1.93 Billion in Remittances in July 2018
Overseas Pakistani workers remitted $1929.76 million in the first month (July) of FY19 as compared to $ 1541.67 million during… Read More
Secure Your Children’s Future with MCB Arif Habib’s #iSaveForEducation Initiative
Want to send your children to the best universities abroad? Its very much possible, and MCB’s Arif Habib’s initiative shows… Read More
