China to pursue BRI in ‘spirit of mutual benefit’
'By the end of 2018, 269 of the 279 outcomes of the first Belt and Road Forum have been realised or turned...
IT entrepreneurs urge govt to establish ‘tech zone’ in IslamabadÂ
'Inclusion of private sector in Pakistan Software Export Promotion Board imperative to improve its performance'
ISLAMABAD: Entrepreneurs from the IT sector have urged...
Domestic security improvements will spur business & investment activity in Pakistan: Fitch
The gross financing requirements remain high, notwithstanding a fall in current account deficit as sovereign debt service will grow to $7-9 billion a year over the next three years, said Fitch Ratings
‘Friendly govt policies attracting foreign investments’
MIRPUR KHAS:Â As the incumbent government has introduced fruitful and friendly policies under the dynamic leadership of Prime Minister Imran Khan, foreign investors...
PSX fails to sustain gains, closes in red
KARACHI: Failing to sustain the gains made in previous session, the Pakistan Stock Exchange (PSX) ended the last session of the week in red.
Indices...
Is the mini-budget a ruse?
Measures announced in the mini-budget, the confusing stance regarding approaching the IMF could weigh heavily on the government's ability to tackle the issues threatening the economy
Pakistan receives final instalment of $1 billion from Saudi Arabia
A statement from the Prime Minister’s Office in October last year said Saudi Arabia had agreed to deposit $3 billion for a period of one year as a balance of payment support
Finance minister sees financial assistance from China within next few days
Rejecting the impression of imposing new taxes worth Rs12 billion, given by a media outlet, Asad Umar categorically denied that any new tax was introduced in the supplementary budget
Mini-budget to have negative revenue impact of Rs6.8 billion during remainder of FY18-19
Despite the major shortfall of Rs 158 billion during the past six months, the FBR has kept the tax collection target unchanged at Rs 4,386 billion for this financial year ending June 2019
SBP introduces framework to counter trade-based money laundering and terrorist financing
The central bank also told banks to enhance the oversight role of the board of directors and senior management in the areas of ML/TF/PF risks associated with trade transactions
Danish entities to bid for renewable energy projects in Pakistan
The Danish Ambassador expressed his satisfaction over the government plans and said that Danish Investors were closely and keenly following the growing power sector of Pakistan
Govt addressing issues of business community through investment reforms: Hammad Azhar
Minister of State for Finance, Revenue and Economic Affairs Hammad Azhar said it is wrongly perceived that the government has imposed more taxes in finance bill
Effective communications system vital for strong & robust economy: Murad Saeed
The Working Group will make rules for the logistics and transport sector, the minister said
SBP reserves fall 3.84pc, stand at $6.6bn
The foreign exchange reserves held by the central bank continued to descend for the fifth consecutive week, dropping 3.84pc WoW, according to...
No new taxes imposed through mini-budget: FBR
'Instead, with the introduction of the new bill, the FBR revenues would go down by Rs6.8 billion'
ISLAMABAD:Â The Federal Board of Revenue (FBR)...