APG team briefs Asad Umar, acknowledges progress on AML/CFT obligations

The Asia-Pacific Group (APG) Mutual Evaluation Assessment Team headed by the APG Executive Secretary Gordon Hook had a courtesy meeting with the Finance Minister...

Govt to start contamination free cotton campaign

ISLAMABAD: The government has decided to start a contamination free cotton campaign in order to improve the standard of cotton. Advisor to Prime...

Pakistan’s direct investment dips by 42pc in Q1

KARACHI: The direct investment in the country has declined by 42 per cent in the first quarter (Q1) (July-September) of the fiscal year...

FFC successfully concludes esteemed ‘International Technical Symposium’

Fauji Fertilizer Company (FFC) successfully hosted a 2 day International Technical Symposium (ITSFFC) 2018 which concluded on 18 October at a local hotel...

Asad Umar tasks revenue minister to come up with reforms programme

ISLAMABAD: Federal Minister for Finance, Revenue and Economic Affairs Asad Umar has constituted a committee headed by State Minister for Revenue Hammad...

Foreign reserves decrease by $219m due to external debt servicing

The total liquid foreign reserves held by the country stood at $14,613.9 million on 12 October 2018. The foreign reserves held by the State...

Digitization enabling macroeconomic growth for Pakistan: SBP report

LAHORE: The State Bank of Pakistan (SBP) in its annual report on the state of the economy has said that with the help...

Social, creative enterprises can help achieve development goals: Planning minister.

ISLAMABAD: Federal Minister for Planning, Development and Reform Makhdoom Khusro Bakhtiar has said that social and creative enterprises can help achieve economic...

SECP holds awareness session on AML/CFT obligations

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) under its outreach program organised an awareness session on Anti-Money Laundering/ Countering Financing...

FBR neglects plan to increase revenue collection to Rs7 trillion per year

ISLAMABAD: While the new government has made the announcement to introduce the long-awaited reforms in the Federal Board of Revenue (FBR), the...

Pakistan Railways to utilise 10,913 acres barren land for projects

ISLAMABAD: Pakistan Railways is all set to utilise its 10913 acres of barren land across the country by executing various projects under public-private...

Cabinet endorses gas tariff hike proposed by ECC

ISLAMABAD: The federal cabinet on Thursday endorsed a hike in gas tariff and other decisions taken by the Economic Coordination Committee (ECC). The meeting...

Gulf Arab economies to accelerate modestly through 2020: Reuters poll

DUBAI: Gulf Arab economies are likely to accelerate over the next couple of years as governments boost spending, but growth will not...

Market Daily: Day ends in green as KSE-100 gains 335 points

LAHORE: Indices on Thursday moved in the upward trajectory from the word go as foreign investors still seem hesitant and ended as...

Pakistan to become energy sufficient soon: Omar Ayub Khan

ISLAMABAD: ‘One of the most important countries in the One Belt One Road (OBOR) project is Pakistan. The Karakoram Highway that connects...