PTI’s economic team to be largely Karachi-centric
The appointments of heads of key financial institutions are also expected to be from Karachi, the economic hub of the country.
Daraz Group gets new CEO in latest shuffle
James Dong head of Alibaba’s owned Lazada Group replaces founding CEO Bjarke MikkelsenÂ
CAA deposits Rs5 bn in Ali Jahangir Siddiqui’s JS Bank, violating Finance Division’s rules
ISLAMABAD:Â In a surprising development, it has reliably been learnt that the Civil Aviation Authority (CAA) has deposited Rs5 billion of funds, which...
‘Afeef Zara Airways’ obtains license, plans to take-off in six months
KARACHI: Afeef Zara Airways has obtained its Regular Public Transport (RPT) license from Civil Aviation Authority (CAA) and plans to commence its...
Toyota to increase car prices amidst rupee devaluation
MUZAFFARABAD: The rupee devaluation has made it unsustainable for the Indus Motor Company (IMC) to operate under the present prices of its...
FBR to miss revenue collection target by a wide margin
ISLAMABAD: The Federal Board of Revenue (FBR) has not been able to achieve the revenue target it set for the current Fiscal Year 2017-18,...
Pakistan’s macroeconomic outlook, weak balance of trade, and current account deficit
LAHORE: As a country divided over its economic policies, embroiled in political infighting and flaky governance along with a longstanding trend of...
Thorough plan underway to take Pakistan out of FATF grey list
ISLAMABAD: The government of Pakistan has prepared a comprehensive plan to exclude the country from the grey list of the Financial Action Task...
Monetary policy for next two months to be announced today
ISLAMABAD: Economists have dubbed the devaluation of rupee against dollar a preface to horrendous of inflation. The monetary policy for the next...
Siemens boosts manufacturing in Pakistan with new line for power technology
KARACHI: Siemens has strengthened local manufacturing in Pakistan with a new production line for the company’s latest technology in air-insulated switchgear, the...
Centro Ceramico certifies Pakistani tiles with European quality standards
KARACHI: Centro Ceramico, one of the biggest tile testing laboratories in the world has certified Pakistan’s ‘Stile Porcelain Tiles’ for meeting European...
Economists, business community welcome Imran Khan’s pledges for economy, good governance
ISLAMABAD: While the incoming government of Pakistan Tehrik-e-Insaf (PTI) is going to immediately face a dire economic situation, economists have welcomed the...
Ship container service connecting Gwadar to the UAE starts
KARACHI: The first ever container vessel 'MS TIGER' under the CPEC (China Pakistan Economic Corridor) project has arrived at Gwadar Port. Pakistan...
Pharma has potential to surpass textile industry in Pakistan: Chairman AGP
KARACHI:Â The pharmaceutical industry in Pakistan has the potential to increase its exports to such an extent that it can become the biggest...
FBR for AEO programme to boost trade
In order to remove the hurdles in cross-border trade, Federal Board of Revenue (FBR) has decided to make rules regarding the Authorised Economic Operator (AEO) programme.