Pakistan, Bulgaria to discuss agriculture ties
The ambassador offered cooperation in the field of animal medicines, which Bulgaria is quite famous for.
Foreign reserves plunge to four-year low after 4.4 per cent drop
Foreign currency reserves held by SBP were recorded at $9,063.6 million, down $415.9 million
Mini-budget on Jan 23 will revive economy, Asad Umar claims
–Finance minister says Pakistan not considering IMF bailout for now
–Says budget will remove tax anomalies, facilitate investors
–PPP’s Sherry opposes budget, says new...
WEF president stresses need for public-private partnerships in Pakistan
ISLAMABAD: World Economic Forum (WEF) President Børge Brende has stressed the need for more private-public partnerships in Pakistan, saying that the private...
US renews GSP scheme for Pakistan and 120 other countries
ISLAMABAD: US’s Generalised System of Preferences (GSP) scheme has been renewed for Pakistan and 120 other countries till December 2020.
The bill passed...
Chinese citizens death could impact Beijing’s investment in Pakistan
KARACHI: The killing of a Chinese citizen Chen Zhu in the metropolitan city of Karachi has raised significant risk of derailing Beijing’s...
Govt released 18pc extra funds for CPEC projects in FY19, Senate told
ISLAMABAD: Planning Secretary Zafar Hassan on Friday informed the Senate's Standing Committee on Planning and Development that the government had spent 18pc extra...
Pakistan to receive first tranche of $1bn from KSA by next week
ISLAMABAD: Pakistan is likely to get $1 billion from Saudi Arabia as the first installment by next week, it has been learnt on Saturday.
On...
SBP committed to ‘home-grown’ economic reforms, IMF told
'Volatility and uncertainty in the exchange market has subsided and the confidence is slowly improving'
'Inflationary pressures are expected to recede...
Oil sales down 18 per cent YoY in February 2018
LAHORE: Pakistan's oil sales declined by 18 per cent YoY to 1.5 million tonnes mainly on the back of a sharp drop in...
Pakistan’s external financing requirements for IMF deal unchanged: IMF
KARACHI: Pakistan’s external financing requirements have not been changed in talks with the International Monetary Fund (IMF) over bailout funds, the IMF...
PTA to introduce DIRBS for blocking stolen, smuggled mobile phones
ISLAMABAD: Pakistan Telecommunication Authority (PTA) is set to introduce ‘Device Identification, Registration and Blocking System’ (DIRBS) for the blocking of smuggled, illegal...
Dollar soars due to IMF-related market speculations
LAHORE: The United States (US) dollar increased by Rs0.50 in the inter-bank market and Rs0.70 in open market on Friday, February 29.
On Friday...
Market Daily: Indices in red as political uncertainty prevails
LAHORE: To add to the economic uncertainty came political trouble. As protestors march towards the Federal Capital Islamabad, investors sell at the...
Nepra chastises NTDC for recurring power failures
NTDC was granted permission by Nepra to invest Rs96.63 billion in the last three years to enhance dependability of the transmission network