Pakistan to borrow $1bn from China, as traditional lenders withhold loans
LAHORE: As inflows from traditional lenders are expected to fall below budgeted projections, Pakistan has initiated talks with a Chinese financial institution...
Business confidence continues to steep downwards amidst economic crises, shows Gallup Business Confidence Index
Inflation, Rupee depreciation, and loan default leave business community perilously worried about current and future conditions
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
Silk Road initiative to be free of backroom deals: Chinese foreign minister
BEIJING: China’s huge Belt and Road initiative to build a new Silk Road will respect global rules and be free of “backroom...
‘China agrees to double its import from Pakistan’
PM's advisor says China has accepted Pakistan’s request to allow imports with similar conditions that it had offered to member countries...
PIA increases number of flights to Saudi Arabia
Pakistan International Airlines (PIA) has announced to increase the number of flights to Saudi Arabia, a private media outlet reported.
In a statement...
Country’s total deficit widens by 120pc to (negative) $5.473bn
The current account deficit of the country widened to $5.473 billion in July-Feb of the current fiscal year, owing to the sliding...
France urged to finance clean energy production, tourism in Pakistan
ISLAMABAD:Â Planning, Development and Reform Minister Makhdoom Khusro Bakhtiar on Thursday appreciated the role of the French Development Agency (AFD), saying that France...
Sialkot should become an SEZ, suggests SCCI President
Sialkot Chamber of Commerce and Industry (SCCI) President Majid Raza Bhutta suggested on Tuesday that Sialkot Export Processing Zone (SEPZ) be granted...
World Bank offers assistance to develop Pakistan’s renewable energy sector
The President of the World Bank (WB) Dr Jim Yong Kim on Monday offered their technical and financial help in technological improvements...
SBP denies rumours about Rs10,000 banknotes
KARACHI: The State Bank of Pakistan (SBP) denied on Friday the news reports about the issuance of Rs10,000 banknote.
“The existing banknote denominations...
FBR prohibits unauthorised interactions between officials, businessmen
The Federal Board of Revenue (FBR) has directed all its officials and field formations not to contact with any taxpayer or businessman...
PAMA calls for reducing input tax rate on tractors
KARACHI: Pakistan Automotive Manufacturers Association (PAMA) has requested the government to reduce the input tax rate on tractors, which is resulting in a...
Pakistan to get $ 2.5b as infrastructural financing from ADB: Ishaq Dar
Pakistan will hopefully get financial allocation of $2.5b as infrastructural financing from Asian Development Bank (ADB), which would help country’s economy to post 7 per...
Telecom service providers are development partners of govt: minister
ISLAMABAD: Punjab Finance Minister Dr Ayesha Ghaus Pasha has said that the telecommunication service providers are development partners of the provincial government...