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ICST calls for efficient banking mechanism to overcome money laundering

‘Expats send around $20bn yearly through legal channels while the same amount is sent out through hundi’ ISLAMABAD: The Islamabad Chamber of Small Traders on...

Dearth of economic experts in Finance Ministry irks PM

‘There is not a single ministry official who holds a PhD degree in the field of economics and finance’ ‘Secretaries have mostly been the DMGs,...

Pakistan will be biggest supporter of Kashmiris demand

ISLAMABAD: Federal Minister for Information and Broadcasting Fawad Hussain Chaudhry said on Saturday that Pakistan will continue to highlight Kashmiris’ freedom struggle and expose...

Maleeha Lodhi stresses for diplomatic solution for Palestine issue

ISLAMABAD: Pakistan’s Permanent Representative to United Nations (UN) Maleeha Lodhi has called for a diplomatic solution of Palestine issue and added that it is...

Economic experts avoid reaching IMF, seek assistance from friendly countries

ISLAMABAD: Spokesman on economy and energy issues Dr Farrukh Saleem has said that the government was trying to avoid going the International Monetary Fund...

Asad Umar hints to consider proposals of the board members

KARACHI: The Federal Minister for Finance, Revenue & Economic Affairs, Asad Umar has agreed to sympathetically consider the proposals submitted by the board members...

Honda jacks up prices from Rs 100,000 to Rs 210,000 from...

For the fourth time this year, the company in a notification to the dealers said that the company is compelled to increase the prices...

Engro Elengy Ltd say no to renegotiate contract, says Company’s statement

KARACHI: Engro Elengy Terminal Pakistan Limited (EETPL) is under no contractual obligation to renegotiate the contract, the company’s statement said here on Friday. “We entered...

FPCCI Signs MoU with British Chamber

KARACHI: A delegation of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) headed by  Zahid Saeed, Vice President FPCCI signed a Memorandum of...

Engro Corporation posts 33% revenue growth in nine-month, PAT up by...

KARACHI: Pakistan’s premier conglomerate, Engro Corporation posted a consolidated profit-after-tax (PAT) of Rs 17,853 million – up by 53 per cent, while PAT attributable...