Auto sales up 21pc for July-May 2017-18
KARACHI: Total car sales have gone up by 21 per cent in the last eleven months of the current fiscal year with 201,134 units.
According...
Caretaker government to avoid new IMF bailout
ISLAMABAD: While giving the clear picture of Pakistan’ economy, the Minister for Finance Shamshad Akhtar has said that Pakistan is running above the...
Govt of Sindh, World Bank, discuss ease of doing business reforms
KARACHI: A progress meeting on the implementation of doing business reforms in Sindh was held in Karachi on Tuesday. The Sindh government,...
Dubai real estate a money-laundering haven: Report
DUBAI:Â War profiteers, terror financiers and drug traffickers sanctioned by the U.S. in recent years have used Dubai's real-estate market as a haven...
US dollar touches Rs122 in interbank, closes at Rs121.50
KARACHI:  The dollar continued its upward trend in the interbank market on Tuesday closing at Rs121.50 against a dollar.
“The dollar touched Rs122 in the interbank...
SECP notifies regulations for non-profit associations
KARACHI: The Securities and Exchange Commission of Pakistan (SECP) has notified the Associations with Charitable and Not for Profit Objects Regulations, 2018.
The...
IMF’s Lagarde says global economic outlook dimming by the day
Investors are fearful of a tit-for-tat trade war, though markets were relatively calm on Monday after an early wobble
Power sector receivables touch Rs779 billion
Highest percent of losses were recorded for Peshawar Electric Supply Company (Pesco) at 36.6 percent, 35.7 percent for Sepco and 19.1 percent for Hesco
Pakistan’s new rupee devaluation shows economic risk before election
Growing speculation Pakistan may return to IMF for loans
Federal government’s debt rises to Rs23.6 trillion to fill budget gap
Overall domestic debt of the federal government rose to around Rs16.2 trillion, an addition of Rs1.4 trillion or 9.2 percent in first ten months of FY18
1st unit of Tarbela fourth extension project commences generation
The official shared the second unit of Tarbela 4th extension hydropower project was also put in wet commissioning three days ago and the second unit is set to enter its reliability in the first week of July
Amnesty scheme attracts 1000 tax returns since being unveiled
The success of the tax amnesty scheme is contingent on the Supreme Court’s decision and it was expected the hearing of the case would commence in its Lahore registry on Monday
Islamic banking’s assets grew 2.8pc in Q12018
ISLAMABAD: Assets of the Islamic banking industry increased by 2.8 per cent during the quarter from January to March 2018 and were...
FPCCI invites political party’s chiefs to present economic agenda, roadmap
KARACHI: The Federation of Pakistan Chambers of Commerce and Industry's (FPCCI's) Senior Vice President and Chairman, Budget Advisory Council, Syed Mazhar Ali...
Govt needs to rethink ban on non-filers from investing in property: ICCI
ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) Acting President Muhammad Naveed Malik has called upon the government to review the decision...