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...

KSE-100 finishes in red, retreats 75 points

KARACHI: Investors of the Pakistan Stock Exchange (PSX) witnessed a jittery session on Thursday, as the indices kept changing directions throughout the...

IMF urges Pakistan to reevaluate fiscal distribution framework

Calls for reopen discussions on National Finance Commission award amid concerns over federal-provincial imbalances.

Govt obtained $50 million from foreign commercial banks in November

According to the latest EAD data, Pakistan provisionally received over $1.86 billion in foreign loans during the first five months (July-November) of FY18-19 compared to $2.877 billion or 36% fall in the corresponding period of last year

Assets of banned outfits frozen, Pakistan tells FATF

A Pakistani delegation on Tuesday told the Financial Action Task Force’s (FATF) Asia Pacific Group (APG) that the bank accounts and assets...

World Bank approves $233m loan for improving financial and banking services

Islamabad: The World Bank (WB) on Friday approved a package of $223 million to help millions of Pakistanis, especially women and the poor,...

Weekly inflation dips 0.08pc

ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation (as on Aug 22) decreased by 0.08pc for the combined income group, as compared to...

Rupee continues to strengthen against dollar as greenback falls to Rs161.82

Pakistani Rupee gained 60 paisas against the US Dollar on Thursday, closing the session at Rs161.82 in the open market, according to...

Pakistan’s exports performing better than China, India: Dawood

  --PM’s aide says e-commerce policy will be fully implemented within the next few months ISLAMABAD: Adviser to Prime Minister on Commerce, Textile, Industry...

IMF sees medium-term risks to global economy

WASHINGTON: The International Monetary Fund (IMF) on Tuesday urged policymakers to keep a close eye on financial vulnerabilities such as rising debt...

Govt mulling to reduce power tariff for industrial sector

ISLAMABAD: Federal Minister for Planning and Development Asad Umar has said Prime Minister Imran Khan wants to provide maximum relief to the...

Over 100 businesses fined for violating labour laws

ISLAMABAD: Islamabad's high-end restaurants, bookstores and shops have been slapped with penalties over violation of labour laws. According to sources privy to this development,...

Pakistan’s steel industry reeling, as smuggling soars

NTC anti-dumping duties haven’t thwarted the imports, as Pakistan retains its status as a favourite for the dumping of goods by Iran, Russia, China and some European countries

FBR devises strategy for enhancing revenue during FY2017-18

ISLAMABAD The Federal Board of Revenue (FBR) has devised a fourteen point comprehensive withholding, monitoring, and audit strategy to achieve a billion rupees...

‘Govt committed to facilitating private sector development’

ISLAMABAD: Planning, Development & Reform Minister Makhdoom Khusro Bakhtiar has said that the incumbent government is committed to facilitating private sector development...