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Sunday, December 15, 2019

US Aid to Pakistan – Corruption becoming a hurdle in implementation

In its new report on US aid to Pakistan, the Congressional Research Service (CRS), the public policy wing of Congress, has cited corruption, lack...

SBP quarterly report: Banking sector assets rise by 8%

KARACHI: Assets of the banking system grew by 7.7% to Rs7.1 trillion during October-December 2010 mainly because of investments in government papers and seasonal...

Starbucks or Sattarbuksh?

The striking resemblance between the names Starbucks and ‘Sattar Buksh’ is no mystery — mainly because it is a  deliberate marketing tactic. While the name...

India has offered to sell electricity to Pakistan

India has offered to sell power to Pakistan in order to help the country overcome its chronic power shortage, said Pakistan’s Commerce Secretary Zafar...

Standard Chartered to expand consumer, Islamic banking in Pakistan

To grow its business in Pakistan, Standard Chartered plans to focus on expanding its consumer banking line as well as its Islamic banking portfolio,...

Who is the licencing authority for CNG Stations?

The Oil and Gas Regulatory Authority (Ogra) has not issued a single licence for opening a Compressed Natural Gas (CNG) stations in the country,...

Punjab Assembly – Unification Bloc to skip Money Bill vote

The Unification Bloc is likely to boycott the Punjab Assembly on June 22, when there is due to be a vote on the 2011-12...

Careem’s estimated value rises over $2Billion

Middle East ride-hailing company Careem said on Thursday it had secured $200 million in fresh funding from existing investors and that it expects to...

Investment 101: Basic Guide to Making Money

KARACHI: Never depend on a single income. Make investments to create a second source, said American magnate and investor Warren Buffet. Who better to advise on...

British Petroleum Pakistan sale – Ministry wants money to pass through Pakistan

ISLAMABAD: Despite the fact that the sale of British Petroleum’s Pakistan assets involves a transaction between two companies based in London and Hong Kong...

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...

State Bank Discount Policy

Pakistan's central bank raised its key discount rate to 9.5 per cent from 9.0 per cent on Friday, in line with requirements set by...

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