Turkish lira crisis poses additional risk to German economy: finance ministry
The Turkish lira has lost nearly 40 percent of its value against the dollar this year, hit by a worsening diplomatic rift with the United States and by investor alarm about President Tayyip Erdogan’s influence over monetary policy
Break-up monopoly of SNGPL, SSGC & separate distribution from transmission, says: Iqbal Z. Ahmed
When JJVL commenced operations, there was a monopoly of around six companies at that time and now 130 entities existed, crediting itself for the efforts of bringing distribution down to the district level, said Iqbal Z. Ahmed
China offers Pakistan to trade in yuan, help decrease trade deficit
Sources quoting the Chinese ambassador said Beijing was contemplating to invite new Prime Minister Imran Khan as a guest of honour for China Import Fair set to be held in November 2018
Rs1.9 trillion of liabilities & receivables would need restructuring by new govt: Report
Pakistan International Airlines (PIA) liabilities are projected to be around Rs380 billion, recording a 123 percent surge in the last five years when it stood at Rs170 billion
IMF postpones appointment of Pakistan’s senior advisor to its board
Also, the post of senior advisor has remained unoccupied for 1.5 years and had been left deserted by the previous government on the excuse that Pakistan had exited the IMF program
New Pakistan PM Khan calls for austerity; wants bullet-proof cars sold
He also announced plans to sell a fleet of bullet-proof vehicles to help Treasury shortfalls, a bold move in a country where Islamist militants still pose a threat.
CDNS achieves Rs14 billion target
ISLAMABAD: The Central Directorate of National Savings (CDNS) has achieved Rs14 billion savings till the second month of the first quarter of...
National Savings issues clarification for profit rates of saving certificates
This is with reference to the news published in Pakistan Today on 16 August 2018 with a punch line of “Profit rates...
Businessmen Panel for special measures to facilitate overseas Pakistanis
ISLAMABAD: The Businessmen Panel (BMP) a leading think tank group in the Chambers of Commerce suggested to the new government that special...
Increased inflow of expats’ remittances attributed to Imran’s victory, Eidul-Azha
ISLAMABAD: Many economic experts in the country attribute the increased flow of remittances from overseas Pakistanis in the month of July to...
Cheetay introduces new business category: Cheetay Books
LAHORE: Cheetay.pk is on its way to becoming an indomitable force in the tech industry in
Pakistan. With their mantra to galvanise the...
Improving economy, living standards main mission for govt: Asad Umar
ISLAMABAD: The nominated Finance Minister Asad Umer has said that improving the living standards of people and the economy is the main...
New government likely to bring structural reforms in FBR
FBR, as per reforms may be separated into two separate bodiesÂ
Power division set to use furnace oil instead of RLNG to generate power
ISLAMABAD: Power Division is all set to increase the use of furnace oil for power generation. As a result, power prices will...
Digital banking moving nation towards paperless economy
ISLAMABAD: The emerging trends of digital transactions offered by various banks vitally contribute towards a more efficient - paperless economy.
Cashless transactions are...