Pakistan obtained $930 million loans during first quarter FY19
China gave $2.80 million in September whereas Asian Development Bank (ASB) $26.94 million and other commercial banks lend $170 million to Pakistan
PM approves major incentives to facilitate remittances
ISLAMABAD:Â Prime Minister Imran Khan on Monday chaired a follow-up meeting regarding the facilitation of overseas Pakistanis, particularly for incentivising home remittances through...
Senate panel to discuss impact of rupee devaluation on economy
ISLAMABAD: The State Bank of Pakistan (SBP) will brief the Senate’s Standing Committee on Finance and Revenue tomorrow (Tuesday) regarding the recent devaluation...
Pakistan’s delayed LNG power plants set for final pre-operations checks in December-January: official
The delays at the three new plants - Haveli, Bhikki and Balloki - have forced Pakistan LNG to divert contracted liquefied natural gas (LNG) shipments
Naya Pakistan Housing: pipe dream or bold vision?
Experts weigh in on the feasibility of the government’s target of building 5 million homes in the country over the next five years
Eighteen: How an Egyptian company is building a new $2 billion Islamabad suburb
Orascom’s real estate arm believes there is a large enough market for Pakistanis who want to live the suburban life around the nation’s capital
Top German business delegation to visit Pakistan tomorrow
It will be the first official Bavarian delegation visit to Pakistan after 20 years
Objective is to explore opportunities of joint...
Rehman Malik writes to PM, suggests remedies for economic challenges
Senator urges PM to sale half of Pakistan’s loans to time-tested friend China after taking the parliament into confidence
ISLAMABAD: Pakistan People’s Party...
ICST calls for efficient banking mechanism to overcome money laundering
‘Expats send around $20bn yearly through legal channels while the same amount is sent out through hundi’
ISLAMABAD:Â The Islamabad Chamber of Small...
Pakistan won’t need IMF again, Umar claims
–Finance minister says govt trying to bridge $12bn financing gap through policies, bailout programme
–Says economy improving as exports have increased, imports are...
Railways minister vows to bring 100 new coaches in a month
'Small factories and schools built near railway tracks will be closed'
LAHORE: Federal Railways Minister Sheikh Rasheed on Saturday claimed he will...
China moves to lift confidence as economic growth hits weakest pace since 2009
On a quarterly basis, growth cooled to 1.6 percent from a revised 1.7 percent in the second quarter, meeting expectations
FATF gives Iran until Feb to complete reforms
Members of FATF had already given Tehran until October to bring its laws against money-laundering and funding of terrorism up to its guidelines
Pakistan’s textile exports inch up by 0.86 percent in 1st quarter FY19
During the period under review, bedwear exports from the country increased by 2.89 percent, from $567.224 million to $583.62 million while the tents canvas and tarpaulin's exports also increased by 3.54 percent from $16.13 million to $16.7 million
FBR contemplating to allow manufacturers to import raw materials under DTRE scheme
Mr Khokhar shared the government had agreed in principle to make payments of Customs rebate automatically on the realization of export proceeds and a proclamation in this respect would come soon