Investment in premium bonds surges 192pc: SBP

Investment into premium prize bonds of Rs40,000 denomination increased sharply by 192pc, the State Bank of Pakistan (SBP) said on Wednesday. The SBP's...

Cement sector posts 10.6pc growth in November

ISLAMABAD: The domestic cement despatches increased 5.11pc to 3.538 million tonnes, while exports surged 43.53pc to 0.808 million tonnes in November 2019. The...

FBR to tighten noose around sugar manufacturers

Revenue board deputes officers to investigate tax evasion in sugar sector

Bears return as KSE-100 sheds 335 points

KARACHI: Bulls of the Pakistan Stock Exchange (PSX) seemed exhausted on Tuesday, as the indices, which opened on a positive note, failed...

Proposals regarding duty-free import of hybrid cars opposed

ISLAMABAD: The Ministry of Overseas Pakistanis and Human Resources Development (MOPHRD) recently made a controversial proposal, allowing the overseas Pakistanis to import...

Egyptian tycoon eyes big investment in Pakistan

Naguib Sawiris calls for removal of bureaucratic hurdles, says his company ready to help govt build five million houses

FBR fails to meet revenue target as deficit reaches Rs214bn

Shabbar Zaidi says revenue collection in 5MFY20 is 17pc higher compared to last year

CPI inflation at a nine-year high, IMF predicts further hike

LAHORE: Inflation has risen to 12.7 per cent year on year due to an increase in prices of food items according to...

Moody’s upgrades Pakistan’s outlook to ‘stable’, affirms B3 rating

As a sign of improving economy, Moody’s Investors Services have upgraded the country’s outlook from ‘negative’ to ‘stable’, reaffirming the country’s rating...

FBR directed to expedite sales tax refund process 

Hafeez Shaikh gives FBR one week to simplify the H-form for exporters seeking refund claims

SBP reserves surge $430m to $9.11bn

SBP reserves have increased by $1.8bn in five months FY20

Fahad Qadir makes it to Asia Pacific’s ’40 under 40′ list

Fahad Qadir, Coca-Cola Pakistan's Public Affairs and Communications Director, has been selected as one of 40 young professionals under the age of...

Cutlery exports increase 9pc in 4MFY20

ISLAMABAD: Cutlery exports from the country witnessed an increase of 9.32pc during the first four months of the current financial year (FY20),...

SBP governor hails economic progress

State Bank of Pakistan Governor Dr Reza Baqir on Tuesday hailed the recent economic achievements of Pakistan, reaffirmed by American credit rating...

Punjab sugar mills halt crushing owing to ‘non-availability of sugarcane’

LAHORE: Punjab sugar mill owners on Tuesday stopped their crushing processes and decided to close their mills owing to "non-availability of sugarcane". Around...

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The spectacular decline of Hubco

It is not every day one can characterize a company that made Rs11.9 billion in profits last year as struggling, but there is no...

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