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PM Gilani inaugurates PTCL’s 1 million Broadband celebrations
Islamabad: Prime Minister Syed Yousaf Raza Gilani on Thursday inaugurated Pakistan Telecommunication Company Limited (PTCL) celebration of achieving Pakistan’s first one million Broadband customers as part of the national commemoration of World Telecommunication & Information Society Day 2012 held...
Conference on management of economy commence at LSE
Lahore: Amidst distinguished economists, academicians and policymakers from both the national and international platform, the Lahore School of Economics hosted its Eighth Annual Conference on Management of the Pakistan Economy at its Main Burki Campus. Read More →
Facebook to sell 25 percent more shares
New York: Facebook is going to sell 25 percent more shares than the previously planned one, making the new number of offering to 421.2 million shares and total raise could be around $16 billion. Read More →
Gold price slips by Rs700 per tola in Pakistan
Karachi: Gold price in Pakistani market continued to slide on Wednesday, by Rs700 to Rs 53,800 per tola. Read More →
Nestlé invests 31 million dollars in pet food factory in Australia
Sydney: Nestlé Purina PetCare is investing 31 million Australian dollars (more than CHF 29 million) to expand its pet food factory in the state of New South Wales. Read More →
Inconsistent policies, undemocratic decision-making reasons behind economic woes: Fasihuddin
Islamabad: Former chief economist of the Planning Commission, Fasihuddin has said that the lack of consistency in policies of the successive regimes and avoidance of democratic norms in decision making were the main reasons behind the economic woes of the country. Read More →
Pakistan’s economy requires immediate reforms: USAID economist
Lahore: USAID Economist Thomas Morris has said that Pakistan’s economy requires immediate reforms to overcome the challenges because any more delay in initiating much-needed sector-specific reforms would further aggravate the situation. He was giving a presentation given on the state of Pakistan’s...
Criminal probe launched into JPMorgan’s $2bn trading loss
Washington: A criminal investigation has been launched into the $2 billion trading loss at JPMorgan Chase by the Justice Department, a law enforcement source privy to the development informed. Read More →
Pakistan elected to the Global Securities Regulatory Board
Karachi: The Securities and Exchange Commission of Pakistan (SECP) elected to the International Organization of Securities Commissions (IOSCO) Board established today at the IOSCO Annual Conference in Beijing. Read More →
SBP decides to implement global bank account number standard in Pakistan
Karachi: The State Bank of Pakistan (SBP) has decided to implement International Bank Account Number (IBAN) standard in the country with a view to bringing about account code standardization and efficiency in processing of payments for domestic as well as cross border transactions. Read More →
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