Tag: Expansion

International cricket chiefs backed an expansion of the Twenty20 format on Wednesday, agreeing three extra matches per major country should be played in years...

The share of the domestic component was 76.3 per cent of total expansion in debt and liabilities during first five months of current fiscal...

The share of the domestic component was 76.3 percent of total expansion in debt and liabilities during first five months of current fiscal year...

The project to import energy and gas from the central Asian republics is in the pipeline and is a very important development for economic...

Saudi Arabia has begun the biggest expansion yet of Islam’s holiest site, the Grand Mosque in Mecca, to raise its capacity to 2 million...

South Korea's largest steel making company POSCO Limited would invest $200 million for the expansion of Tuwairqi Steel Mills. A delegation on Friday lead...

Pakistan's economy is currently facing three broad challenges in the shape of persistent inflation, eclipsed private investment leading to low growth and continuously rocketing...

Keeping a strong conviction to provide progressive health facilities for the under privileged of the society, Ufone, recently joined hands with The Kidney Center...

The long-awaited expansion in the Punjab Cabinet is likely to be made this week, as consultations within the Pakistan Muslim League Nawaz (PML-N) are...

Prime Minister Yousaf Raza Gilani Tuesday directed the speedy expansion of Benazir Income Support Programme (BISP) with introduction of new technologies to provide financial...

The government has decided that the monetary expansion for the next fiscal year will be in line with the projected Gross Domestic Product (GDP)...

The Bank of Punjab (BOP) has recently got permission from the Banking Policy and Regulations Department of the State Bank of Pakistan (SBP) to...

KARACHI - Pakistan Mercantile Exchange Limited (PMEX), the country's de-mutualised commodity exchange has seen trading volumes continuing to hit historic highs. The exchange now plans to further expand in the commodities listed at the Exchange during the current financial year.
The PMEX management indicates that the new items to be listed on the commodity market by the year's end will include sugar, wheat, maize, basmati rice and currency futures. Currently, trading on the PMEX

KARACHI - Monetary expansion in the country continues to be on the higher side owing to a couple of factors, including the higher net foreign assets (NFA) and ever-increasing government borrowings from the banking system. The provisional data released by the State Bank of Pakistan (SBP) on Tuesday reveals that Broad Money (M2) witnessed a robust growth of 8.06 percent or Rs 465.663 billion in value terms during July 1 to February 19, 2010-11.
It shows a growth of Rs 218.54

LAHORE - The Bhatta Chowk expansion plan is likely to land in the eye of the storm over acquisition issue as Punjab government has released Rs 1.15 billion regarding compensation money but shop owners are reluctant to sell their properties and want the deal negotiable on their own terms and condition.
The government has issued the notices to more than 200 shops, hotels and plazas running their business at Bhatta Chowk. According to the notice, under major Infrastructure

KARACHI - Qubee has planned to introduce advanced internet technology to reach millions of customers in new cities with a planned investment of $150 million by the end of 2011, Augere Holdings Chief Marketing Officer Alistair Johnston has claimed.
Briefing a group of journalists, he revealed the future plans of Qubee, a 100 percent shareholder subsidiary of Augere, to be executed during the year. In January 2008, Augere raised $125 million in the first round of investment from

ISLAMABAD - The financially-strapped government has been rendered incapable of establishing an infrastructure bank to meet the ever-rising financial needs because of its commitment with International Monetary Fund (IMF), Secretary Finance Waqar Masood Khan informed the Senate Standing Committee on Finance on Wednesday.
He was replying to complaints by the senators that the rolling back development finance institutions (DFIs) was a major impediment in the country's