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...

Pakistan’s remittances may reach $22bn in FY19

ISLAMABAD: Pakistan is expected to receive remittances worth a record $22 billion in financial year 2018-19, as the government has offered an incentive...

China vows to help uplift Pakistan’s economy

PM Khan says his party inherited a ‘very difficult economic situation’ coming into power President Xi says he is willing to...

Yen falls, Australian dollar gains as U.S.-China trade angst eases

Worries about Chinese economic growth and the trade row had pushed the offshore yuan to a 22-month trough of 6.9800 midweek.

Global shares rally, dollar eases as Trump report fans U.S.-China trade deal hopes

SHANGHAI/TOKYO: Asian shares rocketed to three-week highs on Friday while the dollar softened on a report that U.S. President Donald Trump is...

Pakistan likely to get unilateral concessions from China

A grant of 400 million yuan also on the cards ISLAMABAD: China is likely to give unilateral concessions to Pakistan on more than...

Export of fruits, vegetables attracts $163.5m in three months

ISLAMABAD: The export of fruits and vegetables from the country during first quarter of the current financial year grew by 49.34 per cent...