Transactions through e-banking channels touched Rs47.4 trillion in FY18: SBP
The number of local e-commerce merchants registered with banks reached 1,094 and consumers carried out 3.4 million online e-commerce transactions valuing Rs 18.7 billion
FATA has attracted Rs3.5b investment from oil & gas companies in last one year
Oil and Gas Development Corporation Limited (OGDCL), Al-Haj Enterprises Pvt Ltd, BGP (Pakistan), Xian Senshe, Geofysika Krakow and MOL (Pakistan) have established base camps in different agencies in erstwhile FATA
Trade war impact deepens across Asia, but ‘real economic shock’ yet to hit
In sign conditions for exporters and factories were deteriorating, manufacturing surveys showed marginal growth in China, a slowdown in South Korea and Indonesia and a contraction in activity in Malaysia and Taiwan
APTMA seeks $5b credit line from China for new investments and joint ventures
Pakistani textile export constitutes a meagre 3% of China's textile and clothing imports of $268 billion
Legit manufacturers demand govt to restrict sale of illicit cigarettes
Most of these illicit cigarettes having approximately 35% market share are produced in Azad Kashmir and Khyber-Pakhtunkhwa claimed the stakeholders
FBR’s revenue collection rises 6.7% YoY, misses target by Rs100 billion for July-October FY19
Tax receipts for the month were recorded at Rs273 billion, which was 1.1% or Rs3 billion higher than in the same month last year (SMLY)
Govt increases petrol price by Rs5 per litre
ISLAMABAD:Â The government has raised the prices of petrol by Rs5 per litre, it was learnt on Wednesday.
The price of diesel has raised...
Pakistan says court lacks authority to impose $846m award over Karkey project
The tribunal initially ordered Pakistan to pay $501 million, however, due to nonpayment and accumulation of interest, the total has grown to nearly $846 million
Pakistan jumps 11 places to 136th in WB ease of doing business index 2019
Pakistan has improved business climate for SMEs
Euro zone bond yields nudge up, flash inflation looms
French consumer prices rose 2.5 percent in October, just shy of the highest inflation level since March 2012, data on Wednesday showed
China factory growth weakest in over two years, slump in export orders deepens
The official PMI - which gives global investors their first look at business conditions in China at the start of the last quarter of the year - fell to 50.2 in October, the lowest since July 2016 and down from 50.8 in September
Decrease in off-net call rates for CMOs still remains unimplemented
Initially, PTA had come forth to offer an MTR rate of Rs0.80 per minute starting December 1st, 2017 to November 30th, 2018 and Rs0.70 per minute from December 2018
PC aiming to recover Rs4b from defaulters of SOEs buyers
The dues amounting to Rs4 billion are outstanding for fourteen privatisation transactions respectively
FATF ‘grey listing’ to have limited impact on Pakistan’s economy: EIU
EIU believes diplomatic support for Pakistan is not as rosy compared to the previous instance it was placed on FATF’s grey list and projected much stricter monitoring this time
SBP issues guidelines for sugar exporters
KARACHI: The State Bank of Pakistan has directed all the authorised dealers (ADs) of sugar to comply with the Ministry of Commerce...