Pakistan’s repayments on CPEC to peak at $5b in 2022: chief economist
Pakistan’s debt and other repayments on China’s “Belt and Road” initiative will peak at around $5 billion in 2022, but will be more than...
China retaliates, unveils tariffs of up to $3 billion on U.S imports
BEIJING: China urged the United States on Friday to “pull back from the brink” as President Donald Trump’s plans for tariffs on up to...
FIA starts investigation in Yabaite scam against Sharif family
KARACHI
The Federal Investigation Agency (FIA) has initiated investigations against ex-head of the Securities and Exchange Commission of Pakistan (SECP) Zafar Hijazi and other officials...
NESPAK-led JV wins Diamer Bhasha Dam’s consultancy contract
Lahore: A National Engineering Services Pakistan (NESPAK)-led joint venture has won the consultancy contract of Diamer Bhasha Dam Project through competitive bidding.
The agreement was...
Gold imports drop 38.5pc in 11 months
ISLAMABAD: The import of gold into the country dipped by 38.56pc during the first eleven months of the current fiscal year (2018-19) as compared to...
SECP notifies new AAOIFI shariah standards for public consultation
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has fast-tracked the adoption of Shariah standards to bring about harmonisation and standardisation in the...
OICCI welcomes UK upgrading travel advisory to Pakistan
ISLAMABAD: The Managing Committee of the Overseas Investors Chamber of Commerce and Industry (OICCI) has welcomed the travel advisory to Pakistan issued by the UK...
Textile sector, economists ‘disappointed’ with SBP’s new interest rate
'SBP should waive interest rates for three months and freeze all repayments till coronavirus situation improves'
ICST appreciates government decision to slap duties on inessential imports
ISLAMABAD - Islamabad Chamber of Small Traders (ICST) on Wednesday lauded the government for discouraging unnecessary imports. The decision to slap additional duties on...
Pakistan may go to IMF but will seek other options first: PM
Forex reserves dropped by $627 million in late September to $8.4 billion, barely enough to cover sovereign debt payments due through the end of the year and this weekly fall was the sharpest in years
FBR proposes ‘electronic fiscal devices’ for integrated enterprises
ISLAMABAD: The Federal Board of Revenue (FBR) has proposed the installation of electronic fiscal devices for integrated enterprises.
The tax department on Thursday issued the...
Power, food and construction sectors attracted FDI during FY 2016-17
Islamabad: Food, power, construction, electronics, oil and gas exploration, financial business and communication were the main recipient sectors of foreign direct investment (FDI) during...
WB convenes 8th round of talks with Pak, India over construction of dams
LAHORE: The World Bank (WB) has convened a meeting of the experts of India and Pakistan in Washington on May 21 and 22, pertaining...
PM satisfied with economic progress
ISLAMABAD: Prime Minister Imran Khan on Monday expressed satisfaction over Pakistan’s current economic situation, saying that progress on development projects would accelerate the growth...
Govt doubled GDP and revenue growth, halved inflation, says Haroon
ISLAMABAD: Special Assistant to the Prime Minister on Revenue Senator Haroon Akhtar Khan has said the government has doubled the country's GDP growth as well...
