Two Pak companies set to establish digital payment gateway
KARACHI:Â Two technology firms in Pakistan have joined hands to establish a local online payment gateway system to take a share in the...
With Rs10 tr added under the last govt, national debt rises to Rs24 tr
Rapid debt growth drastically shrinks fiscal space
ISLAMABAD: The federal government’s debt rose to Rs24.2 trillion at the end of the last fiscal year,...
CPEC ushers Pakistan into new industrialization phase: China Daily
BEIJING: Pakistan, under China-Pakistan Economic Corridor (CPEC), has entered the industrialization phase and with renewed conviction, the country can rely on the...
Finance minister-in-waiting given dossiers to tackle economic challenges
ISLAMABAD: The incumbent Minister of Finance has given important dossiers to the finance minister-in-waiting in the coming PTI-led government, Asad Umar, regarding...
China interested in joining TAPI pipeline project – Pakistan official
ISLAMABAD: China is exploring building a spur from Pakistan’s territory once the multi-country TAPI natural gas pipeline project begins operating, a Pakistani official...
China to slap additional tariffs on $16 billion of US goods
BEIJING/WASHINGTON: China is slapping additional tariffs of 25 per cent on $16 billion worth of US imports from fuel and steel products...
Pakistan to get over $200m benefits after signing FTA with Thailand
ISLAMABAD:Â Pakistan would get benefits of $200 million after signing the free trade agreement (FTA) with Thailand.
Pakistan and Thailand would present their final...
Energy ministry rejects claims of discovering oil reserves larger than Kuwait’s: sourcesÂ
ISLAMABAD: The Energy ministry has negated caretaker foreign minister’s tall claim of discovering huge oil reserves reportedly bigger than Kuwait's in Pakistan...
Pakistan defends economic partnership with China
ISLAMABAD:Â Pakistan defended its economic partnership with China, amid fears that the terms of opaque multi-billion dollar investments by Beijing could be exacerbating...
SECP approves vital regulations for capital market, corporate governanceÂ
ISLAMABAD:Â Â The Securities and Exchange Commission of Pakistan (SECP) in its Commission meeting has passed regulations concerning capital market, insurance and corporate governance.
In...
Summit Bank’s clearing operations to continue: SBP
KARACHI: The State Bank of Pakistan (SBP) has taken notice of misleading rumours spreading on social media regarding the clearing operations of...
Market Daily: Bulls lose ground as KSE-100 sheds 28.27 points
LAHORE:Â It was another roller-coaster ride for investors of the Pakistan Stock Exchange (PSX) as indices traded within a narrow range. The range...
Realtors call for cuts in taxes to boost real estate sector, economy
ISLAMABAD: A delegation of the Traders Welfare Association, Gulberg, Islamabad led by its President Muhammad Najeeb Malik visited the Islamabad Chamber of...
Power sector default surges to close in on Rs1 trillion
ISLAMABAD: Receivables from electricity consumers have continued to pile up and the figure has swelled to Rs896 billion – a long-standing problem that...
FBR put in the dock for blocking clearance of textile machinery
ISLAMABAD: The Senate Standing Committee on Commerce and Textile on Tuesday directed the Federal Board of Revenue (FBR) to explain reasons for...