German business confidence drops for 6th straight month
The Ifo institute said its monthly index declined to 98.5 points from 99.3 in January, sinking to its lowest level since December 2014
FATF terms Pakistan’s progress ‘limited’, calls for swift completion of action plan
It directed Pakistan to demonstrate that remedial actions and sanctions be applied in cases of AML/CFT violations and that these actions have an effect on AML/CFT compliance by financial institutions
Alibaba CEO rules out layoffs this year
This week reports circulated in Chinese media that e-commerce site and Alibaba rival JD.com Inc would lay off 10 percent of its senior executives. The company declined to comment directly on the cuts
PTI has recorded the highest 1st half deficit in Pakistan’s 71 year history: Miftah Ismail
The ex-finance minister termed the economic figures for the first half of the current FY19 as not "pretty"
Non-oil imports contract 20% YoY to $3.5b; the most in last nine years
On a month-on-month basis, non-oil imports fell by 3% from $3.3 billion in December last year to $3.5 billion last month
France eager to enhance trade with Pakistan: Ambassador
Ahmed Hassan Moughal, President, Islamabad Chamber of Commerce and Industry said that Pak-France bilateral trade in 2017 was around €1.4 billion, which was not encouraging
Govt rejects recommendation of imposing of sin tax on tobacco and beverages
The recommendation of sin tax was put forth by MNHS for the financing of insurance scheme and fatal diseases programme of Prime Minister Imran Khan
Olive cultivation in Pakistan set to receive boost after arrival of 100,000 plants from Turkey & Spain
The promotion of olive cultivation on a commercial basis has been given go-ahead under the ambit of Public Sector Development Programme (PSDP)
SSGC, SNGPL to collect additional Rs150 billion after changes in gas slab usage
According to an official, the government is mulling a plan to either bring in a separate tariff for the winter season which lasts three months or revise the existing slabs in order to provide relief to domestic gas consumers
‘India presses for Pakistan to stay on terror financing list’
NEW DELHI: India is pressing for Pakistan to be kept on a terrorism financing watch list following an attack in occupied Kashmir.
The Financial Action Task...
Pakistan, IMF likely to conclude talks by April
Sources claim that IMF would lend $10 billion to Pakistan
ISLAMABAD: Pakistan and the International Monetary Fund (IMF) are likely to conclude talks with regard...
Commerce ministry’s ‘Look Africa Plan’ a mere eyewash
The plan was approved in August 2017 with an aim to increase trade activities with African countries
ISLAMABAD: The Ministry of Commerce's claim to reach...
Govt appoints PSM CEO a day before board meeting
ISLAMABAD: Only a day before the scheduled meeting of Pakistan Steel Mills (PSM) Board of Directors (BoD), the Ministry of Industries and Production has appointed...
SBP reserves fall by $163m, stand at $8.04bn
KARACHI: The total liquid foreign reserves of the country stand at $14.79 billion, said State Bank of Pakistan (SBP).
According to details, the foreign reserves held...
PM’s aide calls for comprehensive policy on agriculture
Special Assistant to Prime Minister on Parliamentary Coordination Nadeem Afzal Chan said on Thursday that parliamentarians must raise their voice for the rights of...
