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Friday, June 23, 2017

Railways decide to upgrade infrastructure of ML-1 in CPEC framework

Pakistan Railways (PR) has decided to hire the services of national/international consultants/consortium of consultants for up-gradation of existing Main Line (ML-1) and establishment of a dry port near Havelian...

Cement prices up by Rs10-20/bag

Around two weeks after the announcement of enhanced Federal Excise Duty (FED) by 25 percent in the budget for next fiscal year, the cement prices have been increased by...

JS Global Had Biggest Capacity to Execute Foreign Order – CEO JS Global

JS Global Capital Limited, one of the largest equity brokerage and investment banking firms in Pakistan, has geared up to handle the expected US$1bn of gross foreign flows ahead...

Caution Reigns as U.S. Politics Takes Center Stage

Growing concerns over the turmoil engulfing President Donald Trump’s administration weighed on risk appetite, boosting the yen and gold and sending U.S. stock futures lower. Contracts on the S&P 500 Index...

Government may raise urea export quota by 100 percent

Following the demand of the industry, the federal government is likely to increase the urea export quota by 100 percent to 6 million tons. Fertiliser industry is expecting that...
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Trump seen hardening stance on Pakistan

President Donald Trump's administration appears ready to harden its approach toward Pakistan, US officials tell Reuters. Potential Trump administration responses being discussed include expanding...

Textile, clothing exports decline 12.24 percent in May

Pakistan's textile and clothing exports have declined 12.24 per cent to $ 938.589 million in May 2017 from $ 1.069 billion for the same...

China Stocks Win MSCI Inclusion as Early Market Reaction Muted

Chinese stocks were little moved by MSCI Inc.’s decision to add them to its benchmark indexes, as investors weighed the symbolic importance of inclusion against...