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...
PFC hopes new govt will encourage local, foreign investment
ISLAMABAD: Pakistan Furniture Council (PFC) Chief Executive Mian Kashif Ashfaq Saturday greeted Pakistan Tehrik-e-Insaf (PTI) chairman Imran Khan for attaining premiership after...
Imran Khan elected PM, as currency crisis looms
A sharp increase in oil prices - Pakistan imports about 80 percent of oil needs - has contributed to a current account deficit that widened by 43 percent to $18 billion (£14.1 billion) in the fiscal year that ended June 30
Russian oil industry would weather U.S. ‘bill from hell’
While the ruble has fallen more than 10 percent and Russian banking stocks have slumped 20 percent since the legislation was introduced, shares in Russian oil firms have climbed 2 percent, leaving them 27 percent higher so far in 2018
S&P lowers Turkey’s credit rating deeper into junk territory
S&P forecast that inflation will peak at 22 percent over the next four months and said the weakening lira was putting pressure on the indebted corporate sector and had considerably increased the funding risk for Turkey’s banks
BoI asks FPCCI to assist in formulating policy to increase FDI
During FY18, the FDI posted a meagre increase of less than 1 percent, touching $2.76 billion
Incoming PTI government set to inherit Rs1.1 trillion of circular debt
The committee was told PHPL is entitled to pay Rs153 billion in annual interest on the loans obtained
Caretaker finance minister requests APG to be accommodating in its deadline
A six-member visiting delegation of the Asia Pacific Group (APG) found some deficiencies in Pakistan’s systems, agencies, and laws to meet its global obligations against money laundering and terror financing but noted that progress was taking place