Market watch: PSX hits new high, crosses 55k – Wajobz
Pakistan Stock Exchange (PSX) on Friday skyrocketed to a new record high as it crossed the 55,000 milestone in the backdrop of technical review...
Projects face lengthy delays – Wajobz
ISLAMABAD:
More than half of the World Bank-funded portfolio of federal projects worth $6.7 billion has been declared unsatisfactory or problematic by the lender, highlighting...
In a first, PSX crosses 55,000-point barrier – Wajobz
KARACHI:
In a record-breaking spree, the Pakistan Stock Exchange (PSX) touched a new peak above the 55,000-point barrier in the outgoing week as investors built...
Rupee to face more pressure until conclusion of IMF review – Wajobz
Rupee depreciates by Rs2 against dollar this week. Local closes at Rs287.03 per dollar on Friday. Analyst not expecting rupee to exceed 290.KARACHI: The rupee is...
Online shopping on the ascendancy in Pakistan – Wajobz
KARACHI:
Online shopping has been on the rise in Pakistan since the pandemic with rising internet penetration and smartphone use along with a younger consumer...
470MW hydel project planned – Wajobz
ISLAMABAD:
LSG Hydro Power Limited (LSG) is seeking concurrence of the National Electric Power Regulatory Authority (Nepra) for its 470-megawatt Lower Spat Gah Hydro Power...
Attention! If you're not using your cellphone SIM, you'll be charged – Wajobz
From January 1, cellular mobile operators can levy "SIM Disowning Charge", according...
FBR’s anti-benami, benami bodies unable to apprehend tax evaders – Wajobz
Commercial banks are biggest hurdle in connecting both databases.BAA received total of 81 references from Benami Zones.59 cases of Benami assets involve an amount...
Workers’ remittances increase by 11.5% in October – Wajobz
SBP says inward remittances stood at $8.8 billion from Jul-Oct. Remittances increased by 9.6% on YoY basis.Analyst credits crackdown against hundi/hawala for increase. KARACHI: The remittances from...
Sometimes good economic news is bad – Wajobz
KARACHI:
Some recent numbers on Pakistan’s economy are seemingly showing promise. Yet, this phase of the economy carries a paradox; what appears as good news...
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