PACRA upgrades IFS rating of Pak-Qatar Family Takaful to A+
KARACHI: The Pakistan Credit Rating Agency (PACRA) has upgraded the IFS rating of Pak-Qatar Family Takaful Limited from 'A' to 'A+' with...
Senate special committee on circular debt calls for alternative energy sector facilitation
ISLAMABAD: The Senate Special Committee on circular debt held a meeting on Tuesday to discuss the situation that has been caused due to the...
FATF’s decision to grey listing Pakistan a political move: PEW
EW President Dr Murtaza Mughal in a statement said that the decision has little to do with terror financing while everything to do with Pakistan’s Afghan policy
Pakistan’s mounting external debt leaves limited window to counter risks: Fitch Ratings
LAHORE: Pakistan’s burgeoning external financing risks are further being added to by a declining foreign exchange reserve and a mounting current account...
Market Daily: PSX slips further, settles 169.63 points lower
The KSE 100 depreciated by 0.41 per cent and touched an intraday low of 41,513.95. The index finally settled lower by 169.63 points at 41,564.42.
National Savings shares revised profit rates for savings schemes
LAHORE: National Savings, in a statement issued on July 2 (today), announced the revised profit rates for the National Savings Schemes (NSS).
The...
PTI highly likely to form federal govt, says Topline Securities
Pakistan KSE-100 index to go as high as 48,000 in case of PTI led government. While the index may go up to 50,000 if PML-N leads.
PEW lauds decision to extend amnesty scheme deadline
ISLAMABAD: The Pakistan Economy Watch (PEW) on Monday lauded the decision of the caretaker government to extend the deadline of the tax...
Govt to collect around Rs100bn from masses in July after a Rs14/liter POL price hike
The caretaker government will collect almost Rs100 billion from the masses in the month of July 2018 after a decision to raise the price of petroleum products (POL) by Rs14 per litre.
Honda Atlas raises car prices amid increasing production costs
KARACHI: Honda Atlas Cars Ltd, has once again increased the prices of its cars including the Civic, City and BR-V in Pakistan...
Market Daily: Indices depreciate along with volumes, shed 177 points
The KSE 100 dropped down to an intraday low of 41,609.90 with a loss of 301 points. It settled lower by 176.85 points at 41,734.05.
Asian factories lose momentum even before Trump’s tariffs kick in
An official PMI survey on Saturday also fueled concerns about the strength of the world’s second-largest economy, where recent data including credit growth, investment and retail sales have disappointed
Asian economies discuss trade pact amid rising protectionism
During weekend meetings, Prime Minister Shinzo Abe urged fellow leaders to work for an early conclusion of the Regional Comprehensive Economic Partnership in the face of an increasingly protectionist U.S
Pakistan rice exports surpassed $2 billion in FY18: Report
Rice exports dwindled in the aftermath of FY15 when they crossed $2 billion, touching $1.86 billion in FY16 and $1.61 billion in FY17
Internal strife in FBR threatens customs duty collection worth billions of rupees
Director general customs audit in a recently held meeting decried the forthcoming revenue loss and wanted hesitant collectors to act in 11 long unresolved audit cases translating to a revenue loss of Rs27.3 billion