General

The Senate met briefly at the Parliament House in Islamabad today with Chairman Sadiq Sanjrani in the chair.At the outset, some members resorted to pandemonium. Despite repeated directions by the chair, the members did not take to the seats.On this, th...

The Asian Development Bank (ADB) has approved $250 million in loans to help deliver reliable electricity in Pakistan.According to a statement, the loans will enable expanding and improving the power transmission network in Punjab and Khyber Pakhtunkhwa...

Karachi (PPI Bot): Bank Al Habib Limited has announced its Tier-II TFC, BAHLTFC10, which is set for a 10-year term. With a market lot value of 5,000 PKR, the profit rate is fixed at 6M KIBOR + 1.35%. The total issue size stands at 7,000,000,000 PKR, m...

Prime Minister has directed all stakeholders to pursue Special Investment Facilitation Council's initiatives through collaborative approach to reap dividend in short to medium terms.He passed these directives while chairing the 7th meeting of Apex Com...

President Dr Arif Alvi says the result of general elections will lead to an environment ensuring stability and prosperity of the country.In an interview with Voice of America, he said that the provision of level-playing field to all political parties ...

Prime Minister Anwaar-ul-Haq Kakar has reaffirmed government's enduring commitment to the reform efforts agreed with the IMF aimed at stabilizing the Pakistan's economy.He expressed this resolve while talking to IMF Mission Chief Nathan Porter and IMF...

Pakistan and the International Monetary Fund (IMF) have reached a staff-level agreement on the first review of their stabilization program under Pakistan’s Stand-By Arrangement.This was disclosed in a statement issued by the IMF at the conclusion of d...