Telecom sector adds 1.5m subscribers in Q1FY2018-19

ISLAMABAD: The subscriber base of cellular mobile operators has recorded a reasonable growth by attracting around 1.5 million new customers to their...

Money laundering greatest challenge for developing countries: PM Khan

BEIJING: Prime Minister Imran Khan on Sunday said that the advent of money laundering was the greatest hindrance to the growth of developing...

Belgian trade delegation to visit Lahore, Karachi for extensive B2B meetings

The Embassy of Belgium in Pakistan’s economic and commercial representation has announced the arrival in Pakistan of a 24-member trade delegation comprising...

Pakistan to receive first tranche of $1bn from KSA by next week

ISLAMABAD: Pakistan is likely to get $1 billion from Saudi Arabia as the first installment by next week, it has been learnt on Saturday. On...

Possible fraud causes banks to disable int’l ATM transactions

So far no other bank has reported any cyber attack or fraudulent activity within their accounts.

Trump says ‘I think we’ll make a deal with China’ on trade

The United States has imposed tariffs on $250 billion worth of Chinese goods so far, while China has retaliated with $110 billion worth of tariffs on U.S. goods

China says more talks needed on economic aid for Pakistan

Speaking to reporters in Beijing’s Great Hall of the People following Khan’s talks with Li, Chinese Vice Foreign Minister Kong Xuanyou said his country would help

FBR to brief PM about administrative measures to boost revenue collection

The tax regulator has projected Rs37 billion in tax demand from an audit of high net-worth individuals

WHT collection from non-cash banking transaction plunge 14% in July-Sep FY19

The decline was attributed to measures were taken by the government to encourage the declaration of assets and filing of yearly returns

Govt rebuffs APG request to link financial, banking systems with CNICs

The APG delegation which came to Islamabad in October had demanded the launch of a comprehensive procedure to monitor on cash donated for sadqa and zakat by citizens to madrassahs and the destitute

IMF’s bailout if endorsed would be to stabilize the Pakistan economy

IMF director communications said they would put in place the preconditions for sustained inclusive growth and modalities of that would get announced once a staff-level agreement was reached

CDNS hikes saving scheme rates to almost four-year highs

Till now, the CDNS has raised a total of Rs2.72 trillion via the sale of saving schemes (net of prized bonds) by 31st August of this year which translates to 15.67%  of the overall government domestic debt and liabilities at Rs17.36 trillion, as per the central bank

LNG is the future and only option to save foreign exchange for Pakistan: Iqbal Z Ahmed

By 2020, it is anticipated the country’s LNG imports will rise to 30 million ton

Readymade garments export reaches $599m in three months

ISLAMABAD: Readymade garments worth $599.260 million were exported in the first quarter of the current financial year (FY19) as compared the exports of...

PM meets AIIB president, stresses close coordination

Khan says his govt has prioritised economic revival and structural reforms ISLAMABAD: On the first day of his four-day visit to China, Prime...