Pak, France sign Credit Facility Agreement for sustainable energy sector reform programme

ISLAMABAD: Pakistan and France signed on Wednesday 100 million euros Credit Facility Agreement for the Sustainable Energy Sector Reform Programme. Secretary Economic Affairs Division (EAD) Tariq Mahmood Pasha, French Charg‚ d’Affaires Ren‚ Consolo and Country Director of the French Agency for Development (AFD) Jacky Amprou signed the agreement, More...

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By admin On Thursday, June 22nd, 2017
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Shamim Firpo demands immediate settlement of refunds claims

KARACHI: President of the Karachi Chamber of Commerce and Industry (KCCI) Shamim Ahmed Firpo, while referring to numerous requests received from KCCI members, urged the government to immediately settle pending refunds More...

By admin On Thursday, June 22nd, 2017
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Shipping activity at Port Qasim

KARACHI: Five ships C.V New Ark, C.V Northern Monument, M.T Pacific Panama, Mid Nature and M.T Maran Gas Ascipeius carrying containers, Furnace oil, Phosphoric Acid and LNG were arranged berthing at Qasim International More...

By admin On Thursday, June 22nd, 2017
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FPCCI supports textile associations demands, but not strike

KARACHI: Federation of Pakistan Chambers of Commerce and Industry has extended full support to All Pakistan Textile Mills Association and other textile representative bodies for raising the industry’s voice More...

By admin On Wednesday, June 21st, 2017
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MF lauds Pakistan’s economy with favorable outlook

ISLAMABAD: The International Monetary Fund has termed Pakistan’s economic outlook as “favorable” with improved availability of energy, and growth-supporting structural reforms. According to latest report released More...

By admin On Wednesday, June 21st, 2017
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FPCCI trade delegation visits Lebanon on invitation of PM Hariri

KARACHI: A 28- member trade delegation comprising prominent members of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) invited by Prime Minister of Lebanon, Saad Hariri visited Lebanon from More...

By admin On Wednesday, June 21st, 2017
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NEPRA approves Rs1.90 per unit reduction in power tariff

ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) Tuesday approved Rs 1.90 per unit reduction in power tariff for May under monthly fuel adjustment mechanism. This decision was made during a public More...

By admin On Wednesday, June 21st, 2017
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JCR-VIS reaffirms entity ratings of ZTBL

KARACHI: JCR-VIS Credit Rating Company Limited has reaffirmed the entity ratings of Zarai Tarqiati Bank Limited at triple A/one plus.  The rating agency has also reaffirmed the same ratings assigned to Government More...

By admin On Wednesday, June 21st, 2017
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UBL Funds successfully completes IAA plan

KARACHI: UBL Fund Managers Limited, the pioneer for unique Fund-of-Funds products, celebrates successful closing of its latest Islamic Active Allocation Plan; the Al-Ameen Islamic Active Allocation Plan-VIII. The More...