Pakistani companies get equal share in CPEC: report

ISLAMABAD: Since the beginning of the massive China-Pakistan Economic Corridor (CPEC) project, there has been occasional criticism, including some complaints that projects under...

Bureaucracy still seeking reasons behind bulging circular debt

ISLAMABAD: The Senate Special Committee on Circular Debt was informed Monday that a delay in filing of tariff petitions by the power distribution companies...

Exchange companies exploit general public with Eid up ahead

During the outgoing week, currency dealers have been earning Rs7 to Rs9 per dollar by buying US currency as low as Rs114-117 per dollar and selling the same at Rs122-123.

Focus on youth development to realise economic potential, says ICCI

ISLAMABAD: Mayor Bahawalpur Aqeel Najam Hashmi visited the Islamabad Chamber of Commerce and Industry and held a meeting with President Sheikh Amir...

Furniture worth $3.858m exported in FY 2017-18

ISLAMABAD: Furniture worth $3.858 million has been exported during the fiscal year 2017-18, as compared to the exports of $4.5 million of...

FPCCI reproves US opposition to IMF bailout for Pakistan

ISLAMABAD: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President, Ghazanfar Bilour on Sunday expressed annoyance over US opposition to the...

Experts confident in state of economy, markets despite jittery history

PSX’s post-election rally hit a brick wall just when US Secretary of State Mike Pompeo poured cold water on the IMF plan.

Possible IMF bailout to increase cost of doing business, deny PTI’s economic agenda

According to economists, the next program of the IMF, if secured by Pakistan, will accompany stringent terms and conditions which could be included the increase the price of electricity, gas and other utility services

Planning ministry’s chief economist in trouble for issuing irresponsible statements

Following the letter, Planning Commission has nominated Hassan Duad as CPEC spokesperson

Weekly inflation increases 0.17 percent

The SPI for the week under review in the aforementioned group was recorded at 229.55 points against 229.16 points last week, according to data released by Pakistan Bureau of Statistics (PBS) on Friday

PTI earmarks $2 billion for e-governance systems

The incoming government in its manifesto said it intends to create 10 million jobs over the course of next five years

Foreign office bars government officials from unauthorized remarks about CPEC

The decision comes after a statement was given by Planning Commission's chief economist to Wall Street Journal created a furore in Beijing

Fall in furnace oil demand, decrease in subsidies dented revenue collection in FY18: FBR

The report highlighted it made excessive refund adjustments during FY18, as the banking sector’s declining profits and fall in withholding tax on telecom sector were the primary reasons for the decline in revenue collection

FBR to dispatch tax notices to 600-700 people owning properties in UK

The identified individuals are said to be receiving rental income from owning expensive properties in the UK and failed to declare these assets under the tax amnesty scheme that lapsed on 31st July 2018

Financial sector resilient despite tightening of macro-financial conditions: SBP report

KARACHI: The State Bank of Pakistan (SBP) has issued its flagship annual publication (Financial Stability Review, FSR) for the calendar year 2017...