Restrictions on free flow of capital in Pakistan lead to creation of grey market
Writing for Business Recorder, economist Ali Khizar suggested that Pakistan should remove restrictions on dollar outflows in order to attract long-term foreign...
PSX witnesses bearish trends as IMF talks remain inconclusive
The KSE-100 index closed on Friday at 40,869 points, a decrease of 1.9% since the previous week. Market capitalisation decreased from $61.46...
The IMF has nothing to do with delayed polls. But are we surprised at the trust deficit with the fund?Â
The govt has severely jeopardized its credibility with the IMF and continued with business as usual
Why don’t people pay taxes?
Writing for The Express Tribune, author Hamid Ateeq Sarwar explains that the issue of low tax collection in Pakistan has been a...
Oil and gas reserves to end after 10 years, reveals petroleum division
ISLAMABAD: Senate Standing Committee on Petroleum was informed on Thursday that the country’s existing oil reserves will see an end only after 10 years...
Weekly inflation records all-time high of 47.23%
The Pakistan Bureau of Statistics (PBS) released data on Thursday showing that the weekly inflation measured by the Sensitive Price Index (SPI)...
For nth time, Dar claims staff-level agreement right around the cornerÂ
The finance minister’s promises seem to have stopped giving confidence to the markets which continued to show negative trends.Â
UAE closes the gap of external financing
ISLAMABAD: Finance minister Ishaq Dar on Monday confirmed that Saudi Arabia and the United Arab Emirates (UAE) informed the IMF about their...
Bitcoin drops to new two-month low as world markets sell off
Top cryptocurrency bitcoin hit a fresh two-month low on Friday, breaking out of its recent tight range as a wave of risk...
AI means everyone can now be a programmer, Nvidia chief says
Artificial intelligence means everyone can now be a computer programmer as all they need to do is speak to the computer, Nvidia...
Special Investment Facilitation Council (SIFC): A game-changer for Foreign Direct Investment
Muhammad Zohaib Khan, the chairman of the Pakistan Software Houses Association (P@SHA), described the creation of the Special Investment Facilitation Council (SIFC)...
China’s exports tumble in May as global demand falters
China's exports shrank much faster than expected in May and imports fell, albeit at a slower pace, as manufacturers struggled to find...
Malaysia to secure $51bn approved investments this year
KUALA LUMPUR: Malaysia is expected to secure about 200 billion ringgit approx. $51.21 billion approved investments this year, said the Malaysian Investment...
Rupee continues to tumble, down 3.1 per cent
It is speculated that the rupee will continue to fall and is expected to be valued at around Rs180 by December 2020 against the US dollar.
The diesel smuggling racket and it’s long shadowÂ
As petrol prices continue to soar and inflation hits all-time high in Pakistan, the demand for cheap, imported, petroleum products has risen dramaticallyÂ