Sunday 23 July, 2017
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Pakistan Latest News Online!
Category Archives: Business

IMF has passed a second last loan of $6.2billion for china Pakistan economic corridor (CPEC). They have given time and relaxation for the central bank to borrow more for the project. They have given this relaxation after reviewing the economic...

By Mehmood Memon on Mar 28th, 2016

Experts are in high doubts and started to raise questions on the recent approvals of the genetically modified corn and cotton. There are more than 100 types of these GMs that have been approved. Agricultural experts are sure about these genetic...

By Mehmood Memon on Mar 28th, 2016

After the better law and order in the country many doors have been open for Pakistan and one of them is the trade between Pakistan and Iran. Now this trade has been increased to $5 billion. The plan has been established under the trade corporation...

By Mehmood Memon on Mar 27th, 2016

Minister of Petroleum has confessed that big petroleum companies are not providing 100% pure products and they are mixing substances in the products to increase their quantity. He said many big companies are doing this and in the recent years...

By Mehmood Memon on Mar 24th, 2016

Car is the basic need of the people to travel but the prices of the new car is so high that the people are forced to travel through public transport. New set up is being introduced in the country and now more companies can manufacture cars...

By Mehmood Memon on Mar 24th, 2016

IMF has completed their report on Pakistan’s economy has called a meeting of executive board of IMF on 25th march. In the meeting IMF will approve to fund Pakistan with $50 million dollars. According to local channels, in an interview with...

By Mehmood Memon on Mar 20th, 2016

Telenor has increased its shareholdings in the Tameer Bank to a percentage of 100% which means that board of directors of the Microfinance bank would be entirely comprised of Telenor. It also become the first microfinance bank in the country...

By Mehmood Memon on Mar 19th, 2016

Shareholders of NIB bank want to merge with MCB Bank to become the one largest commercial bank. MCB is in talk with Fullerton financial holdings, which have the largest shares in NIB of about 88.4% through its wholly owned subsidiary Bugis...

By Mehmood Memon on Mar 16th, 2016

Indus Motors is the supplier of the Toyota Cars, operating in Pakistan. Recently, they have come up with a plan to manufacture the Toyota cars in a way to make them look more vibrant and beautiful. They have announced to add some potential...

By Mehmood Memon on Mar 14th, 2016

K-Electrics has submitted the application to raise the rates of electricity by Rs.1.43, to NEPRA. According to the management of K-Electrics, the reason of this request is because of the expensive procurement from the NTDC. They said that the...

By Mehmood Memon on Mar 12th, 2016
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