FBR forms cell to ensure timely completion of FATF action plan
ISLAMABAD:Â The Federal Board of Revenue (FBR) has constituted a Financial Action Task Force (FATF) cell to ensure effective and timely completion of...
Finance adviser, SBP governor meet IMF, WB officials in Washington
Adviser to Prime Minister on Finance & Revenue Dr Abdul Hafeez Shaikh and State Bank of Pakistan Governor Dr Reza Baqir spent...
‘Only $2.3bn, not $10.8bn, added to external public debt’
Govt rebuffs media report, says net addition to public debt in FY19 was lowest in last three years
The Economic Affair Division...
Germany to provide €12m grant for healthcare development in KP, GB
ISLAMABAD:Â Economic Affairs Division Secretary Noor Ahmed and German Development Bank (KfW) Country Director Wolfgang Moeller on Thursday signed financing agreements for Social...
Japan to provide Rs478m grant for human resource development in Pakistan
Under the grant programme, Japan will offer scholarships for master and doctoral degrees to the young and capable govt officials
ISLAMABAD:Â Economic Affairs...
Stocks stay flat in range-bound trading
KARACHI:Â The Pakistan Stock Exchange (PSX) ended flat on Thursday amid a range-bound and volatile trading session.
Continuing with the buying trend, foreign investors...
LSMI production falls 3.5pc in 11 months FY19
ISLAMABAD: The overall output of large-scale manufacturing industries (LSMI) in the country during the first 11 months of the preceding year (2018-19)...
Chinese company to invest $20m in Pakistan’s services sector
Timesaco will launch a taxi service 'Buraq', delivery service 'Fema' and freight service 'Cargo+'
ISLAMABAD:Â Chinese investors have worked out a comprehensive business...
Mobile phone imports dip 11pc to $755.5m
ISLAMABAD:Â The imports of mobile phones into the country decreased by 10.87pc during the Financial Year 2018-19, as compared to the corresponding period...
Bears return as KSE-100 drops 314 points
KARACHI:Â After posting gains for two consecutive sessions, the Pakistan Stock Exchange (PSX) once again went under the control of bears, as the...
Sindh govt approves two mega projects for Karachi
Projects include establishment of ‘Karachi Marble City’ and a state-of-the-art technology park in NED University
KARACHI:Â Sindh government has approved two mega industrial...
IMF lowers global growth forecasts as trade, Brexit uncertainties persist
WASHINGTON: The International Monetary Fund on Tuesday lowered its forecast for global growth this year and next, warning that more US-China tariffs,...
Pharmaceutical exports increase 8pc to 211.6m
ISLAMABAD:Â The exports of pharmaceutical products from the country during the Financial Year 2018-19 grew by 8.6pc as compared to the corresponding period...
Trump’s decision to enhance trade relations with Pakistan lauded
'US can capitalise on Pakistan's vast pool of skilled human resource, a large agrarian base, tremendous tourism potential, diverse mineral wealth,...
KSE-100 gains 131 points amid range-bound trading
KARACHI: The Pakistan Stock Exchange (PSX) managed to close another session in the green amid range-bound trading and low market turnover. Foreign...