Dollar-denominated bond investors seek govt permission to trade them at PSX
Security Exchange Commission of Pakistan (SECP) permission is necessary for listing the bonds at the stock exchange
Pak-China fibre optic cable set for opening today
The projects total cost is projected at $44 million and 85 percent of the loan has been provided by Exim Bank of China at a discounted rate
Railway project progress under CPEC discussed between Pakistan, China
A delegation of Chinese consortium in terms of Framework Agreement called on Ministry of Railways Chairman Muhammad Javed Anwar in Islamabad on Thursday and discussed progress on ML-I (Karachi-Peshawar) project.
Finance Ministry to provide ‘real picture’ of public debt: Shamshad
Dr Shamshad said public debt mainly increased due to fiscal deficit, IMF loan, balance of payments requirements and rupee depreciation against the dollar.
Pakistan’s foreign reserves fall by $309m to $9480m
Foreign exchange reserves held by SBP decreased by $309 million to $9,480 million due to external debt and other official payments, SBP noted.
Election 2018: Political parties release specific plans for CPEC
ISLAMABAD: With the General Election 2018 around the corner, almost all major political parties have come up with their respective election manifestos...
SECP approves PICIC Investment, Growth Fund conversion into open-end funds
KARACHI: The Securities and Exchange Commission of Pakistan (SECP) has approved the conversion of PICIC Investment Fund and PICIC Growth Fund being...
Pakistani banks urged to comply with EU’s GDPR rules, ensure cyber safety
KARACHI: Pakistani banks need to operate in compliance with the European Union's (EU) new personal data protection rules, as ignorance may lead...
SBP tightens access to foreign exchange as dollar reserves drop
Pakistan’s central bank has increased the amount of red tape needed to access dollars
SBP governor to unveil monetary policy decision on Saturday
State Bank of Pakistan (SBP) Governor Tariq Bajwa will unveil the Monetary Policy Decision at a press conference on Saturday, July 14, 2018.
Market Daily: Bulls hungry as KSE-100 jumps 288 points
LAHORE: Indices at the Pakistan Stock Exchange (PSX) had a better day on Thursday compared to the previous session on Wednesday despite...
Imports touch record high of $60.898 billion in FY18
Also, the trade deficit of the country touched a record high of $37.670 billion in FY18 compared to $32.488 billion in FY17
Undeclared assets can hardly benefit people, says: Member FBR
Faheemul Haq admitted that FBR website was not easy to understand for common persons but added that it was being simplified and feedback from business and Industry was being taken into account
Donations for construction of dams not liable to tax or duties: SC
The judgment stated that the donations could be made at all the branches of the State Bank of Pakistan, all treasury offices and branches of National Bank of Pakistan as well as other banks, including micro-finance banks
Palm oil imports up by 8.14pc to $1.7b
ISLAMABAD: The imports of palm oil into the country witnessed an increase of 8.14 per cent during the first eleven months of the...