Differences over devaluation surfaced in fiscal policy board meeting
Finance Minister asks SBP to develop information sharing mechanism on major decisions, meanwhile, government expects improvement in economy after January 2019
Market Daily: A glimmer of hope for investors at PSX, up 261.42 points
LAHORE: Driven by Thursday’s inertia, the KSE 100 index was off to a weak start at open and after falling to fresh...
PSMA to shut down sugar mills in upcoming season if issues not addressed
ISLAMABAD: Pakistan Sugar Mill Association (PSMA) has decided to shut down sugar mills rather than bearing a loss of Rs15 per kg...
Army deposits Rs390 million income tax every month: Member FATE
COAS filed all tax returns a month in advance, meanwhile Topi Rakh among highest tax paying marriage halls
Market Daily: Investors choose to ignore Kartarpur as market dips 189.42 points
Investor participation was mixed on Tuesday as traded volumes declined by 6 per cent to 124 million, while the traded value rose by 1 per cent to $49 million.
BoI disappointed with Pakistan’s ranking in WB report
The board expected Pakistan’s ‘ease of doing business’ ranking at 100 instead of 136
ISLAMABAD: Although the government welcomed Pakistan’s improvement by 11...
Banking sector in shambles over a plausible cyber-attack
MCB, ABL, other major banks reassure customers’ safety, SBP certifies only Bank Islami was affected
Pakistan’s inflation rate ringing alarm bells amid financial turmoil
The inflation rate in Pakistan has always been on the high side since the last couple of years. The average Pakistani has...
Govt discerns over 24,000 properties for privatisation to raise proceeds
The cabinet was informed that around 24,066 properties fell in three brackets, rest house, federal government property and residence
Yen falls, Australian dollar gains as U.S.-China trade angst eases
Worries about Chinese economic growth and the trade row had pushed the offshore yuan to a 22-month trough of 6.9800 midweek.
Sri Lanka risks EU trade concessions over political slide back – envoy
The European Union is worried the return of Mahinda Rajapaksa, as prime minister, could derail halting progress made towards national reconciliation following a war with ethnic minority Tamil separatists that killed tens of thousands, many during the final stages under his watch as president.
Chip sector slowdown hits Swiss tech group Comet
Lower sales growth, shifts in the product mix and higher-than-expected restructuring costs would also hit profitability this year, the company said in a statement.
PM confident of future despite ‘plunder’ by previous govts
Khan says past govts not only overburdened the country with excessive debts but also spoiled the institutions
ISLAMABAD:Â The prime minister said on...
Govt committed to decreasing cost of doing business, improve ease of doing business: PM
The government is also working on developing a national tariff policy to address issues of the business community and to remove anomalies in the existing tariff structure
Govt establishes business council to create jobs and enhance exports
From a total of 20 private sector members, four are from the textile sector, two from the cement sector and others from sports goods, automobile, logistics, retail, petrochemical, engineering and computer businesses