Remittances up by 21pc
Despite discouraging economic indicators, overseas Pakistanis have increased their efforts to send more foreign exchange, reflecting their confidence in the country’s economy more... (D)

World's top banks ask GoP to go for exchangeable bonds
The world's top banks and financial institutions are said to have advised the government to go for exchangeable bonds rather than opting for conventional bonds whose prices more...

Industrial output falls 4.12pc in December: Growth target in jeopardy
Industrial output declined by 4.12 per cent in December 2007, compared to the same month last year more... (D)

Dollar hits record low, gold new peak
The dollar plunged to a new trough against the euro on Monday, undermined by the collapse of US bank Bear Stearns, which powered oil and gold to record heights as investors sought refuge from turbulence more... (BR)

Dictatorial rule is over: Zardari
Pakistan People's Party (PPP) Co-Chairperson Asif Ali Zardari said here on Monday that the world is a witness to the end of the dictatorship in Pakistan through the clear mandate given by the masses to PPP denouncing Musharraf and his main ally PML(Q) more... (BR)

Musharraf welcomes return of NA
President Pervez Musharraf has termed the convening of the new National Assembly as historical event and expressed confidence that Pakistan will continue to move forward on the path of democracy and economic growth more... (D)

Shujaat hopes new coalition will succeed
Pakistan Muslim League-Q President Chaudhry Shujaat Hussain said on Monday he wished the PPP and PML-N coalition government success and hoped the two parties would continue their cooperation in the larger interest of the country more... (D)

KSE soon to become public entity
The status of Karachi Stock Exchange will soon be changed from a corporate entity to that of a ‘public entity’ -- a term usually referred to as being ‘demutualised’ more... (D)

Pakistani cement gets green signal from South Africa
The country's cement sector has received a green signal from the South African authorities to export cement with Pakistani tag more... (BR)

Discounting in tight money market
Banks borrowed Rs19.65 billion from the State Bank Pakistan’s discount window on Monday in a tight inter-bank market, and dealers expect the bank to inject funds into the market through open market operation more... (BR)