SBP denies rumors of issuing new design of banknotes

KARACHI: Reference the news items circulating in social media regarding the issuance of new design banknotes of different denominations, the State Bank...

Around 160,500 workers sent abroad in 6 months

ISLAMABAD: As many as 160,500 skilled and unskilled workers have proceeded to other countries for employment through the Bureau of Emigration and...

No decision to approach the IMF yet, says Asad Umar

ISLAMABAD: While speaking on the floor of the Senate on Tuesday, Finance Minister Asad Umar said the government has not made a decision...

ECC likely to take final decision about future gas prices

ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet is set to decide either to fully pass on the hike in gas...

Cigarette manufacturers fail to comply with health ministry’s directives

A recently conducted market survey has identified that a majority of the brands of local cigarette manufacturers in Pakistan are still non-compliant with the latest Pictorial Health Warning (PHW) law

Market Daily: KSE-100 drops 201 points amid uncertain economic conditions

LAHORE: It was another dull day with low market participation. Indices swayed in both directions in the morning, but late selling forced...

Bank Alfalah posts impressive half-year results, with profit before tax at Rs10.008 billion

KARACHI: The Board of Directors of Bank Alfalah in their meeting held in Abu Dhabi on 26 August 2018, approved the Bank’s unaudited...

Pak Govt collects over Rs630 billion non-tax revenue in FY18

ISLAMABAD: The non-tax revenues of the federal government were recorded at Rs 630,378 million during the fiscal year 2017-18, according to the...

Govt’s determined to promote trade, export-led growth, says PM’s advisor

ISLAMABAD: Advisor to Prime Minister on Commerce, Textiles, Industries production and Investment, Abdul Razzaq Dawood said Tuesday that the incumbent government was...

Asad attends to envoys that come calling, pores over debt data

ISLAMABAD: Amid a series of high-level consultations, Finance Minister Asad Umar on Monday asked for accurate data on the size of the...

Petroluem production increases by 13.24pc during FY2017-18

ISLAMABAD: The production of petroleum products witnessed a 13.24 per cent increase during the fiscal year 2017-18 as compared to the last...

Pakistan granted ‘Guest of Honour’ status at International Import Expo in China

BEIJING: The Chinese government has granted the status of “Guest of Honor” to Pakistan at the China International Import Expo (CIIE) to be...

Net foreign selling declines by 20pc

KARACHI: Foreign investors were seen to be net sellers in the capital markets for the week ending August 17, 2018, but with...

CAA reaches out to FIA amid fears Shaheen airline owners may flee after tax fraud

KARACHI: The Civil Aviation Authority (CAA) has urged the Federal Investigation Agency (FIA) to take action against the owners of the Shaheen Air International...

CPEC – The Way Forward seminar held at KSBL

The Karachi School of Business and Leadership (KSBL) along with Pehle Aap (Pvt) Ltd welcomed high-profile Chinese Delegates at a seminar on ‘CPEC –The...