Credit Suisse named Pakistan’s best investment bank by FinanceAsia, Euromoney

Credit Suisse has announced that it has been named Pakistan’s Best International Investment Bank by FinanceAsia in its 2018 Country Awards for...

Best Corporate and Sustainability Report 2017 Awards organised by ICAP, ICMAP

KARACHI: The Institute of Chartered Accountants of Pakistan (ICAP) and Institute of Cost and Management Accountant of Pakistan (ICMAP) organised the much-anticipated event of...

Pakistan borrows $439.17m in July to maintain foreign reserves

ISLAMABAD: Pakistan has borrowed $439.17 million in the first month of the current fiscal year to keep its foreign reserves above the two...

Asad Umar says depleting foreign reserves most pressing economic problem

Finance minister denies reports of change in currency notes

SBP to increase financial assistance for SMEs

ISLAMABAD: The State Bank of Pakistan (SBP) has set a target of increasing financial inclusion of SMEs from the current six to...

ECC to take up circular debt, impact on power sector in first meeting

ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet will take up the matter of circular debt and its impact on the...

Market Daily: PSX off to a positive start as market gains 157 points

LAHORE: The Pakistan Stock Exchange (PSX) started the week on a positive note. The indices moved uphill from the word go and...

Urea inventory falls to five year low as crisis looms

LAHORE: Pakistan’s urea inventory was recorded at 86,155 tons at the end of July this year, reaching a five‐year low of around 105,000...

Senate body to consider modalities for implementing special tax relief regimes

ISLAMABAD: The Senate Standing Committee on Finance, Revenue and Economic Affairs is all set to consider the issues of modalities for implementation...

China in struggle to curb reliance on US market, suppliers

The United States bought $430 billion of China’s exports last year, or 20 percent of the $2.2 trillion total

CLSA to enter Pakistan’s brokerage & investment sector with investment in Alfalah Securities

In January, CLSA expressed keenness to enter the country’s banking sector, as it saw significant investment opportunities in Pakistan

Railway’s economic condition to be improved within 120 days: Sheikh Rasheed

The Railways Minister said separate standard gauge line will be laid for CPEC related projects, rather than using the broad-gauge line

Budget deficit soars to record-high of Rs2.26 trillion in FY18

The budget deficit for FY18 was Rs780 billion (2.5 percent of GDP) higher than the target approved by the last parliament in June 2017

What does China want from CPEC?

The history of China and the United States and how it explains what Beijing is doing pouring so much money into Pakistan

Gwadar development to directly benefit Balochistan province

Geographically, the small city is located in southwestern Balochistan, being far from Pakistan's economic centres