As Eurobond maturity looms next year, Pakistan to repay $1 billion
Pakistan would be required to payback $5 billion because of amortization of outstanding foreign in loans in next FY 2018-19
Iranian rial loses steam in local currency market, after US exit from nuclear deal
The Iranian rial has fallen sharply in the global currency market after the US decision to exit the nuclear deal on Tuesday
OGRA gives 150 permits for establishment of LPG auto-refueling stations
LPG at the moment constitutes 0.7 percent of the total primary energy supply in Pakistan and its present size of the market is around 1.21 million tons per annum
Remittances rose 3.92 percent during first 10 months of FY 2017-18
Remittances from Saudi Arabia posted a 9.46 percent decrease from SPLY during first 10 months of FY 2017-18 to touch $4.090 billion.
Legal limbo hampering FBR’s revenue collection drive
The stay granted by the super judiciary for these 583 duty and tax linked cases had crossed beyond six months
SBP with NAB and FIA ready to face future challenges posed to banks: Deputy governor
MULTAN: State Bank of Pakistan (SBP) Deputy Governor Shamsul Hasan said the central bank in collaboration with the National Accountability Bureau (NAB)...
Dubai’s financial markets down 3.1pc, led by real estate sector
Dubai stocks hit a 27-month low on Thursday on the back of sharp falls in the real estate market and a drop in liquidity levels.
SECP, 1Link sign agreement for ease of doing business
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) and 1Link (Guarantee) Limited (1Link) as part of doing business reforms agenda, on...
Overseas Pakistanis remit $16.25 bn in 10 months
KARACHI: Overseas Pakistani workers remitted $16,257 million in the first ten months (July to April) of FY18, showing a growth of 3.92...
Data Security – issue of morality, business ethics, or inept governance?
In the murky world of numbers and big data, Pakistan, must not lag behind.
Sindh unveils Rs1.1 trillion budget
he province will run a deficit of Rs20.4 billion in 2018-19, although budget documents indicate a likely increase of 16.2 per cent in its total receipts.
Thar Coal to add first Megawatt to the national grid this December: CM
Rs7 billion to be spent on Thar Coal infrastructure development
300 MW of wind power to be added to the grid in July
Rs11.5 billion solar energy projects planned for next year
Collection of sales tax on services enhanced to Rs78.66bn in last financial year
KARACHI: Sindh Chief Minister Syed Murad Ali Shah has said that the total collection of the Sales Tax surged to Rs78.66 billion...
AGP unearths massive corruption in accounts of WAPDA, Ministry of Water Resources
ISLAMABAD: The Auditor General of Pakistan (AGP) has unearthed misuse of public funds to the tune of billions in the accounts of...
Murad Ali Shah presents Sindh’s budget of Rs1.14 trillion
Sindh Chief Minister Murad Ali Shah on Wednesday presented the Sindh’s provincial budget for Q1FY1028-19 with a total outlay of Rs1.14 trillion.