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Tuesday, November 19, 2019

Rising global oil prices fuel major concerns

The State Bank of Pakistan has warned that the government’s inability to bridge its fiscal deficit means that the country is likely to be...

Car sales speed up 17 per cent

Car sales sped up 17 per cent in March against the preceding month, led by Pak Suzuki Motor Company, the largest automobile manufacturer in...

Federal Budget 2011-12 likely to miss most targets

After four years of expansionary fiscal policy, resource constraints are beginning to bite, according to Standard Chartered Bank Pakistan’s economist Sayem Ali. In a recently...

Pakistan signs agreement with Qatar for LNG import

ISLAMABAD: (Dawn)Pakistan on Friday signed an agreement with Qatar for the import of Liquefied Natural Gas (LNG) in order to reduce the cost of...

Electricity shortfall reaches 2,000MW: PEPCO

The Pakistan Electric Power Company (PEPCO) claimed that electricity shortfall has reached over 2,000 megawatts. The company’s demand is 16,340 while the  production is 14,229. This...

NASA Will Pay You $5,000 A Month To Stay In Bed

NASA research program will pay participants upwards of $5,000 to do nothing. Conducted by the agency’s Flight Analogs Project Team at the Johnson Space Center, the Bed...

Tradekey Pakistan: World’s 3rd Largest B2B Portal

KARACHI: You would never think that a company that was giving Alibaba.com – the world’s largest business-to-business portal – a run for its money...

Meezan Bank 8 to 8 Banking

Islamic banking in Pakistan has grown rapidly in the last few years. Keeping in view the small size of the industry and its evolutionary...

Fuel mix: As CNG gets rationed, petrol sales jump 36% in October

The government’s bungling giveth, and the government’s bungling taketh away. After being squeezed relentlessly by the government’s inability to resolve the financial mess at...

Islamabad to borrow from banks to boost reserves

The government reached yesterday an agreement with a consortium of seven domestic and international banks to borrow $625m to boost foreign exchange reserves and...

Saudi Arabia to give another $100m for Neelum Jhelum Hydropower Project

Pakistan and Saudi Arabia on Thursday signed an Additional Loan Agreement of $100 million for Neelum Jhelum Hydropower Project (NJHP) as the project aims...

Budget 2011: Finance Department balks at development ambitions

The political leaders and financial managers of the Punjab are at odds over the funds for the Annual Development Programme (ADP) 2011-12. The former...

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