Pakistan News Service
Thursday Aug 27, 2015, Zul-qaadah 12, 1436 Hijri
Business & Economy
Stock & Bond
Cotton & Textiles
Agriculture & Allied
Fuel & Energy
ADB to support Bhasha dam project
ISLAMABAD: The Asian Development Bank (ADB) has said that despite its limited financing capacity it would support the Diamer-Bhasha dam to 'the extent possible'.
National issues: Circular debt envelops PIA, PSO
KARACHI: Pakistan State Oil (PSO) is highly unlikely to meet fuel requirements of the national flag carrier from next week, officials told Our Sources, after the National Refinery Limited (NRL) suspended supply of jet fuel to the cash-strapped oil market company.
IFC to invest Rs1 in Bank Nobita
KARACHI: The International Finance Corporation (IFC) has agreed with Bank Alfalah to invest in the latter's equity to the extent of approximately 15% of its total paid-up capital, according to a notice sent to the Karachi Stock Exchange on Thursday.
Interest rate likely to remain unchanged
KARACHI: The State Bank of Pakistan (SBP) will unveil its Monetary Policy Statement (MPS) for the next two months on Sept 20 (tomorrow), but experts expect status quo with no change in the interest rate due to a number of reasons challenging the economy.
Dar rules out easy access to billions in Swiss banks
ISLAMABAD: Finance Minister Ishaq Dar on Thursday ruled out possibility of the recovery of billions of dollars stashed in Swiss banks any time soon.
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