FATF ‘grey list’ poses credit risks to Pakistani banks: Moody’s
KARACHI: Pakistan’s banking system faces credit risk from the country’s continued inclusion on the Financial Action Task Force’s (FATF) ‘grey list’ of nations,...
Pakistan fails to get any firm US commitment on trade ties
ISLAMABAD: Secretary Commerce of the United States of America Wilbur Ross avoided making any firm commitment to Pakistan during his visit to...
US commerce delegation’s arrival to boost economy: Hafeez
ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh has said the arrival of the delegation from...
POL prices likely to witness significant cut
A cut in the prices of petroleum products is expected in the next couple of days, officials at the Ministry of Finance...
SBP raises Rs388bn from T-bill auction
KARACHI:Â The State Bank of Pakistan (SBP) has reported that the government raised Rs388 billion through T-bills, exceeding the target set of Rs300...
US seeks to boost trade with Pakistan, says top official
Commerce Secretary Wilbur Ross apprised of Pakistan’s economic reforms, investment opportunities, FATF compliance
Sindh govt aiming new SEZs, foreign diplomats told
KARACHI:Â Sindh Chief Secretary Syed Mumtaz Ali Shah said on Wednesday that the provincial government had planned to set up three more Special...
KSE-100 jolted by global market tremors, falls 520 points
KARACHI:Â In line with global market trends, the Pakistan Stock Exchange (PSX) ended another session in the negative zone.
As per the analysts, the...
Govt mulling to reduce power tariff for industrial sector
ISLAMABAD: Federal Minister for Planning and Development Asad Umar has said Prime Minister Imran Khan wants to provide maximum relief to the...
Coronavirus forces Pakistani importers to look new destinations for raw material
KARACHI: Pakistani businessmen are reluctant to place new import orders from China due to the deadly coronavirus outbreak there, a local newspaper...
Rs385m fraud surfaces in NBP’s Abbottabad branches
ISLAMABAD: The cashiers of National Bank of Pakistan’s (NBP) Khanaspur, Ayubia, and Khaira Gali branches were involved in a fraud of Rs385...
China keen to upgrade Pakistan’s agri infrastructure: envoy
ISLAMABAD:Â Ambassador of China to Pakistan Yao Jing on Tuesday stressed the need to materialise the understanding between Chinese Academy of Agriculture Sciences...
Govt urged to help clear import consignments from China
KARACHI: SITE Association of Industry Patron Zubair Motiwala on Tuesday appealed to the government to allow early clearance of imports consignments containing...
Govt committed to timely privatisation of SME Bank, Pak Reinsurance
ISLAMABAD:Â Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh on Tuesday chaired a meeting of the Cabinet Committee on...
Competing telecom operators integrate mobile financial platforms
Jazz, Telenor collaborate to ensure reliable, border-less services to customers