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Live Updates 3G-4G Auction Underway

Live Updates 3G-4G Auction Underway

Wednesday, April 23, 2014 11:42

Pakistan Telecommunication Authority (PTA) is conducting much-awaited spectrum auction of 3G and 4G technologies here on Wednesday. As part of its arrangements, the Authority has also exercised full-fledge mock auction where all qualified cellular operators participated to understand the procedures and rules associated with the auction process. [caption id="attachment_36797" ...

Ishaq Dar for Paying Taxes as National Duty

Ishaq Dar for Paying Taxes as National Duty

Wednesday, April 16, 2014 12:19

[caption id="attachment_36769" align="alignright" width="360"] Ishaq Dar[/caption] Federal Minister for Finance, Senator Mohammad Ishaq Dar, Tuesday urged that taxes should be paid as a national duty, news reported. “For the socio-economic prosperity of the country, paying taxes, that too ...

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Some Spectrum Available for all Telecom Operators (Window Opening)

Some Spectrum Available for all Telecom Operators (Window Opening)

Friday, April 11, 2014 10:05

With the country moving closer to the spectrum auction for the next-generation mobile internet services, there is a likelihood that all four operators that are in the race for at least one 3G licence may end up securing some spectrum in 2100 mega hertz (MHz) band. [caption id="attachment_36552" align="alignright" ...

Pakistan Re Rnters Global Bond Market After Seven Years

Pakistan Re Rnters Global Bond Market After Seven Years

Thursday, April 10, 2014 11:19

Pakistan has re-entered the international bond market after a seven-year gap, the finance ministry said Wednesday, raising $2 billion to boost dwindling foreign exchange reserves and shore up the rupee. [caption id="attachment_36530" align="alignright" width="360"] Ishaq Dar[/caption] "The ...

Pakistan Launches $2bn Two Part Bond

Pakistan Launches $2bn Two Part Bond

Wednesday, April 9, 2014 10:33

[caption id="attachment_36501" align="alignright" width="360"] Dollar[/caption] The government of Pakistan is set to raise $2bn through its upcoming issue of five- and 10-year bonds. The sovereign, rated Caa1/B- by Moody's/S&P, has launched a USD1bn five-year tranche at the final yield of ...

Oil Prices Rise on Ukraine Fears

Oil Prices Rise on Ukraine Fears

Tuesday, April 8, 2014 12:22

Oil prices rose in Asian trade Tuesday on renewed fears about Ukraine after pro-Russian protesters seized government buildings in the eastern city of Donetsk. [caption id="attachment_36474" align="alignright" width="384"] Oil Prices Rise[/caption] New York's main contract ...

Petroleum Pains May Ease a bit in April

Petroleum Pains May Ease a bit in April

Saturday, March 29, 2014 11:25

This April they have decided not to make a fool out of the baffled consumers but rather cool them down with a slash of up to Rs5.61 in the prices of petroleum products, news reported. [caption id="attachment_36419" align="alignright" width="302"]...

IMF says Pakistan Refuses to Sell $2.7b Worth of Gold

IMF says Pakistan Refuses to Sell $2.7b Worth of Gold

Saturday, March 29, 2014 10:59

Pakistan has refused to sell gold worth $2.7 billion, citing national security reasons, as the International Monetary Fund (IMF) pushes Islamabad to convert the precious metal into cash to build foreign currency reserves, revealed the global lender’s report on Friday. [caption id="attachment_36399" align="alignright" width="368"]...

Karachi Stock Exchange Ends Higher (Rupee Steady)

Karachi Stock Exchange Ends Higher (Rupee Steady)

Friday, March 28, 2014 12:36

Pakistan's main stock exchange closed higher on Thursday, with the benchmark 100-share index of the Karachi Stock Exchange rising 1.28 percent, or 343.57 points to 27,165.49. [caption id="attachment_36372" align="alignright" width="360"] Karachi Stock Exchange[/caption] The rise ...

Business Forum Results in New Deals Between Pak-China Firms

Business Forum Results in New Deals Between Pak-China Firms

Tuesday, March 25, 2014 10:36

Pakistan and China are all-weather friends and business forums help to strengthen their bond and transform it in to bigger projects like Gawadar and Karakoram Highway. [caption id="attachment_36271" align="alignnone" width="597"] Pak-China Business Forum[/caption] Chinese Deputy Ambassador Yao Wen stated ...