SBP reserves surge $582m to $11.5bn
KARACHI:Â The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased 5.3pc on a weekly basis
According to a statement issued...
More and more borrowers benefitting from relief package: SBP
The State Bank of Pakistan has said that more and more borrowers are benefiting from its relief package to extend loan principal...
Bears return as KSE-100 sheds 335 points
KARACHI: Bulls of the Pakistan Stock Exchange (PSX) seemed exhausted on Tuesday, as the indices, which opened on a positive note, failed...
SBP likely to keep interest rates unchanged for remainder of FY18-19: Fitch Solutions
It warned from a long-term perspective, money and credit growth remain troublesome and indicate inflation pressures are probably going to remain fairly high
220 Pakistani manufactures to participate in 50th ‘Heimtextil’ exhibition
Around 3,000 exhibitors from across the world will take part in the exhibition, which will commence from Jan 7 in Frankfurt
PM assures maximum facilitation for exporters
ISLAMABAD: Prime Minister Imran Khan on Wednesday said that the government is committed to extending all possible facilitation to exporters in order...
MIP suggests Rs1.73 billion subsidy package for Ramazan
ISLAMABAD: The government is contemplating to reveal a Rs1.73 billion subsidy package for the holy month of Ramazan on the provision of...
OGRA raises gas prices by 300pc for domestic consumers
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has jacked up gas prices for domestic consumers by 300 per cent while 30...
PM rejects move to eliminate subsidy for industrial consumers
ISLAMABAD: The proposal to hike power prices for industrial consumers by removal of Rs3 per unit subsidy has been rejected by the...
Country’s largest fuel farm inaugurated at new Islamabad airport
ISLAMABAD: Adviser to Prime Minister on Aviation Division Sardar Mehtab Ahmed Khan on Thursday inaugurated Pakistan’s largest and most advanced Fuel Farm Facility at the...
GDA demands Rs2bn to address water supply issues in Gwadar
Electricity, high-speed internet still a distant dream for proposed Smart City in Gwadar
KP’s Pakistan Digital City expected to create 30,000 jobs: report
Khyber Pakhtunkhwa (KP) will finalise the masterplan for Pakistan Digital City in October 2020, which is expected to create around 30,000 jobs,...
Combined import bill of food, machinery and oil rose by 29pc during FY 2016-17
Islamabad: According to data released by Pakistan Bureau of Statistics on Friday, the combined import bill of machinery, food and oil for...
Govt prepares simplified tax scheme for property developers, builders
ISLAMABAD:Â The government has prepared a simplified tax scheme for property developers and builders, it emerged on Friday.
According to the draft of the...
Govt formulating policies to create money-making opportunities: PM
'Pakistan in the 1970s went wrong because we had a socialist mindset which became a deterrent to wealth creation'
ANKARA:Â Prime Minister Imran...