China’s Jinbei set to enter Pakistan’s burgeoning automobile sector
Jinbei Pakistan will be importing vans and minivans and commence production in next two years
No decision yet to go for IMF bailout package, says MoF
Finance Ministry on Thursday clarified that the government had not yet taken any decision to go to the International Monetary Fund (IMF) for any bailout package.
Gilgit-Baltistan presents Rs63.856 billion budget
Opposition rejects budget, protests against GB Order 2018
Oil and gas reserves to end after 10 years, reveals petroleum division
ISLAMABAD: Senate Standing Committee on Petroleum was informed on Thursday that the country’s existing oil reserves will see an end only after 10 years...
Another bailout package with IMF on the cards
ISLAMABAD: Although the government of Pakistan Muslim League Nawaz (PML-N) avoided another loan from the International Monetary fund (IMF) by the end of...
HBL granted ‘member’ status under SCO IBA Framework
KARACHI: Habib Bank Limited (HBL) is proud to be officially granted the status of a member bank, during the 14th council meeting of...
Market Daily: PSX ends the week 196 points down
Pakistan has to submit an action plan for review by Financial Action Task Force (FATF) in its meeting scheduled to take place from June 24 to June 29.
After 46 hours Lahore still faces power outage
Some areas of Lahore have been without power for over 46 hours, meanwhile, other parts of Lahore suffer 10 to 12-hour long load-shedding
FBR seeks clearance of SC regarding tax amnesty scheme
The top brass of the FBR said no move would be initiated regarding the tax amnesty scheme till the Supreme Court (SC) would provide them clear directives on the subject
Pakistan’s economic growth to slow down, touch 5 percent in FY19 : World Bank
Growth in the South Asian region is projected to strengthen to 6.9 percent in 2018 and to 7.1 percent in 2019, mainly as factors holding back growth in India fade
PSEs losses surged to Rs1 trillion by end of 3rd quarter FY18: SBP
Data from the central bank reveals PSEs debt and liabilities rose one percentage in 15 months starting December 2016 till March 2018, when it was 2.5 percent
Car makers ask customers to become tax-filers to avoid hiccups in vehicle delivery
And the domestic automobile manufacturers have stuck to their production plans till September 2018 despite worries they could lose 50-60 percent of non-filers as their customers of cars and light commercial vehicles (LCV) from 1st July
Water scarcity hits cotton sowing target
Chronic water shortage could mean Pakistan missing its production target of 14 million bales set for the next season
Pakistan needs to build mega dams to enhance water storage capacity
Wapda Chief recommended handing over operational control of the Kalabagh dam to Sindh to ensure its reservations were addressed about its share in water consumption
Immediate corrective measures required to stem economic decline
The interim PM Justice (retired) Nasirul Mulk instructed the finance ministry to develop an extensive plan which would include immediate measures and a draft of long-term structural reforms for uptake by the incoming elected government