IMF mission chief’s visit to Pakistan concludes

ISLAMABAD: The maiden visit of International Monterey Fund (IMF) mission chief for Pakistan came to an end on Wednesday. As per details, IMF Mission...

Belarusian dumper trucks enter Pakistani market

Cherat Cement Factory has planned to procure at least 15 heavy-duty BelAZ trucks in a year NOWSHERA: BelAZ, a Belarusian mining truck...

PSX gains 635 points as volumes soar

Trade volumes crossed 200m mark for the first time in a month KARACHI: Positive news from Islamabad triggered some excitement within the investors...

‘Circular debt to be brought down to Rs225bn by Dec’

Minister says some 450 officials of various distribution companies have been terminated for being involved in power pilferage ISLAMABAD: Reiterating the government's firm...

Asad Umar meets IMF mission chief, discusses tax reforms

 Ernesto Ramirez expresses concern over reduction in tax collection ISLAMABAD: The International Monetary Fund (IMF) new mission chief Ernesto Ramirez Rigo on...

Moot stresses need for establishment of SEZs, relocation of Chinese firms

ISLAMABAD: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Senior Vice President Dr Mirza Ikhtiar Baig has said that the trickle-down effects...

Pakistan brief’s FATF on actions taken against money laundering

ISLAMABAD: The Pakistani authorities on Tuesday briefed the Financial Action Task Force (FATF) assessment team on laws against money laundering and its regulations. The...

Pakistan’s net forex reserves rise to $17bn

Pakistan's net foreign exchange reserves have reached the level of $17.58 billion with the recent receipt of $2.2 billion from the Chinese...

PEW expresses concern over exchange rate erosion

KARACHI: The Pakistan Economy Watch (PEW) has expressed concern over the steady fall in the exchange rate, saying that depreciation in Pak Rupee is...

PM to perform groundbreaking of new Gwadar airport this week

Prime Minister Imran Khan will perform the groundbreaking of the new airport in Gwadar this week, a Chinese Embassy official stated on...

PSX ends 220 points higher despite early tremors

KARACHI: The Pakistan Stock Exchange (PSX), after witnessing a volatile trading session, managed to close in the green. As per news reports, a team affiliated...

French budget deficit sinks to 12-year low

PARIS: France's budget deficit fell to a 12-year low of 2.5pc in 2018, a greater-than-expected decline achieved despite falling growth and purchasing...

Wall Street falls on global growth worries

US stocks fell on Monday, extending the previous session’s steep sell-off, hit by worries of a slowdown in global economic growth. However, Wall...

‘Govt striving for speedy development in Gwadar’

Minister says Zhob-Quetta section of the CPEC western route will be completed soon GWADAR: Planning Minister Makhdoom Khusro Bakhtiar said on Monday that...

FATF affiliate team arrives in Pakistan

ISLAMABAD: A delegation of the Asia-Pacific Group (APG) on money laundering, a regional affiliate of the Financial Action Task Force (FATF), arrived in...