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Category: Business

Business

Oil prices rebound in Asia after steep falls

By sundaytimesSeptember 2, 2016

By AFP NEW YORK: Oil prices edged up Friday on bargain-buying and a weaker dollar after another slump fuelled by a surge in US stockpiles and worries about […]

Business

Shanghai Electric to buy K-Electric for $1.6 billion

By sundaytimesSeptember 1, 2016

By AFP KARACHI: Chinese multinational Shanghai Electric is set to buy the utility serving Pakistan’s biggest city of Karachi, in a $1.6 billion deal that will be the […]

Business

Shanghai Electric announces its intentions to purchase K-Electric Power Company

By sundaytimesAugust 31, 2016

KARACHI: The Shanghai Electric Power Company has formally expressed its intentions to acquire K-Electric. According to a letter sent by the Shanghai Electric to the Pakistan Stock Exchange(PSX), […]

Business

Pakistan’s foreign debt increases to almost Rs.74 trillion

By sundaytimesAugust 30, 2016

ISLAMABAD: According State Bank of Pakistan (SBP) figures, Pakistan’s foreign debt and liabilities reaches the highest figure of almost 74 trillion in the first month of the current […]

Business

Rs. 90,976.6 million loan disbursed to farmers during 2015-16: ZTBL

By sundaytimesAugust 29, 2016

ISLAMABAD: Zarai Taraqiati Bank Limited (ZTBL) has disbursed loans of Rs. 90,976.6 million during 2015-16 to facilitate farmers and increase agriculture produce. Of the total loan disbursement Rs. […]

Business

Oil prices sink in Asia on strong dollar, output fears

By sundaytimesAugust 29, 2016

By: AFP   SINGAPORE: Oil prices tumbled in Asia Monday on a strong dollar and after key OPEC producers downplayed the prospects of limiting output at a meeting […]

Business International

Saudis dampen hopes on output talks as the oil prices dips.

By sundaytimesAugust 26, 2016

Oil prices dipped in Asia on Friday after Saudi Arabia’s oil minister cast doubt on the need to cut output, denting hopes for a deal at talks next […]

Business

Businessmen worried as exports fall rapidly

By sundaytimesAugust 19, 2016

ISLAMABAD: The business community has aired serious concern over a rapid decline in the country’s exports and called for taking immediate steps to reverse the tide. Chairing a business […]

Business

Over 60% of Pakistan’s mobile users have 3G/4G services

By sundaytimesAugust 19, 2016

Despite making a late entry into the 3G and 4G markets, 2014 to be exact, more than half of all mobile phone users in the country are now […]

Business Property

Mango exports jump 36%, cross 80,000 tons

By sundaytimesAugust 19, 2016

KARACHI: Pakistan’s mango exports in the current season have so far crossed 80,000 tons, up 36% compared to the same period of last year, according to data of the […]

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