PM has ordered to bring back laundered money, says Umar
ISLAMABAD: Minister of Finance Asad Umar remarked on Monday that Prime Minister Imran Khan has ordered to bring back money which has been laundered from Pakistan.
While addressing a press conference in the federal capital, Umar said, “We are not aware how much funds have...
Rasheed woos investors, says railways is ‘open for business’
ISLAMABAD: Newly-appointed Railways Minister Sheikh Rasheed on Monday said he will need at least four months to bring Pakistan Railways "back up on its...
United Auto’s gearing to launch 800cc Bravo hatchback by 1st September: Report
In November last year, United Auto Industries announced it was venturing into car manufacturing and was gearing up to launch an 800cc car
Oil firm on tighter U.S. outlook, but strategic reserve release caps...
International Brent crude oil futures were down 9 cents, at $72.12 a barrel
Pakistan: Of apples, cars, oil and IMF
While China is part of the story, it is not the pièce de résistance
Taking Pakistan higher on the World Bank ladder
In the realm of creating an environment for ease of doing business, Ms Fareena Mazhar is hoping that BoI would find an ally in the coming PTI government
Why packaging is not a ‘me too’ business
A complex industry with unique oddities and healthy growth
Naya minister, meet purani ministry
The minister is already inheriting the purani ministry and if he fails to come up with a strategy for raising revenue, he will be the same as the purana minister himself
Is Open Skies really causing trouble for Pakistani airlines?
Domestic aviation industry experts insist that liberal aviation policies are hurting their competitiveness, but the truth is much more complicated
Can drip irrigation eradicate Pakistan’s water crisis and food insecurity?
To save water, the country needs to replace its age-old method of irrigating crops with improved
yield and quality being tangible benefits
What makes Pakistan plump for IMF time and time again?
Pakistan has been approaching International Monitoring Fund (IMF), intermittently, since 1988. The last programme was successfully completed during the period 2013-16. However, within a...
Editor’s Note: The cost of borrowing
In his first speech to his fellow citizens as the Prime Minister-elect of Pakistan, Imran Khan stated his desire to have Pakistan play a...
Editor’s Note: What will PTI’s economic policy look like
So it happened at last. The Pakistan Tehrik-e-Insaf, after 22 years of struggle, has finally managed to win an election, albeit with more than...
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Alipay set to commence services in Pakistan by end-2018
Back in March, Alibaba’s Ant Financial said it would invest $184.5million for a 45 percent stake in Telenor Microfinance Bank (TMB), a subsidiary of Telenor Group, to further develop TMB’s mobile payment and digital financial services
What can devaluation of Turkish lira mean for Pakistani rupee?
Turkish lira’s recent drop will boost the US dollar adversely affecting the Pakistani Rupee in return
Descon CEO quits own company, becomes PM’s aide
LAHORE: Descon Engineering Limited's chairman, Abdul Razzaq Daud, today resigned from his own company to join the incoming government on the special request of...
The fate of the Taseers
The financial costs of opposing the blasphemy law in Pakistan?
Taking Pakistan higher on the World Bank ladder
In the realm of creating an environment for ease of doing business, Ms Fareena Mazhar is hoping that BoI would find an ally in the coming PTI government
Energy ministry rejects claims of discovering oil reserves larger than Kuwait’s: sources
ISLAMABAD: The Energy ministry has negated caretaker foreign minister’s tall claim of discovering huge oil reserves reportedly bigger than Kuwait's in Pakistan near the...
SECP adopts three AAOIFI Shariah Standards
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has notified the adoption of three Shariah Standards of the Accounting and Auditing Organisation for...
Financial sector remains resilient despite tightening of macro-financial conditions: report
State Bank of Pakistan’s (SBP) annual publication Financial Stability Review (FSR) suggests that the level of overall risks to financial stability, as measured by Financial Vulnerability Index, has bottomed out in the calendar year 2017.
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