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Tahir Amin

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Rashid defends government for IMF package

Federal Minister for Railways Sheikh Rashid Ahmed has said that the government has no choice but to seek a bailout package from International Monetary Fund (IMF). "If I were the prime minister, I would have also approached the IMF," the railways minister
Published 14 Feb, 2019 12:00am
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Year ended December 31: PTCL Group revenue up 8 percent YoY

Pakistan Telecommunication Company Limited (PTCL) Group revenue for the year 2018 has grown year-on-year by 8 percent to Rs 126.2 billion compared to Rs 117.02 billion during the same period of 2017. The financial results for the year ended December 31, 2
Published 13 Feb, 2019 12:00am
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Year ended December 31: PTCL Group revenue up 8 percent YoY

Pakistan Telecommunication Company Limited (PTCL) Group revenue for the year 2018 has grown year-on-year by 8 percent to Rs 126.2 billion compared to Rs 117.02 billion during the same period of 2017. The financial results for the year ended December 31, 2
Published 13 Feb, 2019 12:00am
Print

Year ended December 31: PTCL Group revenue up 8 percent YoY

Pakistan Telecommunication Company Limited (PTCL) Group revenue for the year 2018 has grown year-on-year by 8 percent to Rs 126.2 billion compared to Rs 117.02 billion during the same period of 2017. The financial results for the year ended December 31, 2
Published 13 Feb, 2019 12:00am
Print

Year ended December 31: PTCL Group revenue up 8 percent YoY

Pakistan Telecommunication Company Limited (PTCL) Group revenue for the year 2018 has grown year-on-year by 8 percent to Rs 126.2 billion compared to Rs 117.02 billion during the same period of 2017. The financial results for the year ended December 31, 2
Published 13 Feb, 2019 12:00am
Print

Moody's changes banking system outlook to B3 negative

Moody's Investors Services has changed its outlook for the banking system in Pakistan to negative (B3 negative) from stable owing to slowing of the economy and high exposure to sovereign debt. Moody's in its latest report "Banking System Outlook: Pakistan
Published 12 Feb, 2019 12:00am
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Moody's changes banking system outlook to B3 negative

Moody's Investors Services has changed its outlook for the banking system in Pakistan to negative (B3 negative) from stable owing to slowing of the economy and high exposure to sovereign debt. Moody's in its latest report "Banking System Outlook: Pakistan
Published 12 Feb, 2019 12:00am
Print

Moody''s changes banking system outlook to B3 negative

Moody''s Investors Services has changed its outlook for the banking system in Pakistan to negative (B3 negative) from stable owing to slowing of the economy and high exposure to sovereign debt. Moody''s in its latest report "Banking System Outlook: Pakist
Published 12 Feb, 2019 12:00am
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E-commerce business may reach $1 billion by 2020, says minister

Federal Minister for Communications and Postal Services Murad Saeed has claimed that e-commerce business is expected to reach one billion dollars by 2020 in Pakistan. "Around 120 partners have registered themselves with e-commerce portal so far, which wil
Published 10 Feb, 2019 12:00am
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Shahbaz unacceptable as PAC chief, says Rashid

Setting an eight-day deadline for Shahbaz Sharif to resign as Chairman Public Accounts Committee, Federal Minister for Railways Sheikh Rashid Ahmed has said that he (Sharif) is unacceptable as Chairman PAC.
Published 09 Feb, 2019 12:00am
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S&P cuts credit rating to ''B-'' from ''B''

The Standard & Poor (S&P) Global Ratings has lowered its long-term sovereign credit rating for Pakistan to ''B''- from ''B'' on diminished growth prospects, elevated external and fiscal stresses, amid an ongoing deterioration in the country''s broad macro
Published 05 Feb, 2019 12:00am
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S&P cuts credit rating to 'B-' from 'B'

The Standard & Poor (S&P) Global Ratings has lowered its long-term sovereign credit rating for Pakistan to 'B'- from 'B' on diminished growth prospects, elevated external and fiscal stresses, amid an ongoing deterioration in the country's broad macroecono
Published 05 Feb, 2019 12:00am
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ROW to GDA, NDC: EB refuses exemption of NHA's dues

The National Highway Authority Executive Board (EB) has refused exemption of NHA's dues on account of its right of way (ROW) to Gwadar Development Authority (GDA) and National Development Complex (NDC).
Published 05 Feb, 2019 12:00am
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S&P cuts credit rating to ''''B-'''' from ''''B''''

The Standard & Poor (S&P) Global Ratings has lowered its long-term sovereign credit rating for Pakistan to ''''B''''- from ''''B'''' on diminished growth prospects, elevated external and fiscal stresses, amid an ongoing deterioration in the country''''s b
Published 05 Feb, 2019 12:00am