Pakistan’s direct investment dips by 42pc in Q1
KARACHI:Â 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 18Â 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:Â 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:Â 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...
Pakistan’s gross external financing needs stand around $30 billion: Moody’s
According to the rating agency, the current account deficit for FY19 would total 4.6% of GDP which would be slightly narrower than the 5.8 percent deficit clocked in FY18
Pakistan hasn’t fully enacted GSP+ conventions: Report
EU trade delegation would seek responses to questions already forwarded to all the stakeholders regarding the implementation of the 27 conventions