No imminent devaluation of the rupee in the near-term: Governor SBP

LAHORE: State Bank of Pakistan, Governor Tariq Bajwa in an interview said due to low inflation and solid growth there was no...

Pakistan to get ‘Guest of Honor’ status at Shanghai expo

ISLAMABAD: The message from China is of hope when it says that Pakistan could further boost its bilateral trade with China, and...

Tech to be introduced in power sector to enhance efficiency: Minister

ISLAMABAD: Minister for Power Division, Awais Leghari has said the government plans to introduce a technology-based system in the power distribution companies...

ICST seeks relaxations for agriculture sector in the upcoming budget

ISLAMABAD: Terming the agriculture as the backbone of the economy, Islamabad Chamber of Small Traders (ICST) Sunday demanded purposeful relaxations for this...

Budget is being prepared to trap next government in financial difficulties: experts 

ISLAMABAD: As the government is likely to announce increased PSDP, salaries, subsidies and other incentives in the next budget despite the double...

Islamic banking investments rise 1.8pc in Oct-Dec

ISLAMABAD: Net investments of the Islamic banking industry have recorded an increase of 1.8 per cent (Rs9 billion) during the quarter from...

SBP’s role in BankIslami-KASB bank merger was “breaches of statutory duty”: SHC

LAHORE: The Sindh High Court (SHC) has directed the State Bank of Pakistan (SBP) to re-examine the valuation of the defunct KASB...

Miftah meets WB CEO, apprises regarding 75 reforms implemented by Pakistan

ISLAMABAD: Pakistan delegation led by Adviser to Prime Minister on Finance, Revenue and Economic Affairs Dr Miftah Ismail participated in the IMF,...

Pakistan to produce over 1,000 MWs of clean energy through wind power

KARACHI: Pakistan is all set to produce over 1000 Megawatts (MW) of clean electricity through wind energy alone in the current year,...

‘Trade War’ intensifies: Chinese tech giant cries foul, opens up on US denial of export orders

ISLAMABAD: China's technology giant ZTE has opened up on the controversy regarding its Export Control Compliance Regime, making it clear that within...

Pakistan’s mobile internet users stand at 21 percent of the population: Report

LAHORE: Pakistan’s mobile internet users as a percentage of the population were recorded at 21 percent at end of January 2018, according...

Next government to resume halted FTA negotiations with China

ISLAMABAD: As Pakistan and China have failed to reach a consensus on the second phase of China-Pakistan Free Trade Agreement (CPFTA) this...
Pakistan China FTA

Pak-China FTA a source of frustration for business community: IWCCI

ISLAMABAD: Islamabad Women's Chamber of Commerce and Industry (IWCCI) on Saturday said that the Free Trade Agreement (FTA) between Pakistan and China is a source of frustration and...

MoC, NTC finalise National Trade Policy

ISLAMABAD: Ministry of Commerce (MoC) and the National Tariff Commission (NTC) has finalised the much waited National Tariff Policy. Commerce Division and...

Australia’s largest wealth manager ousts CEO amid fee scandal

LONDON: The head of Australia's largest wealth manager has resigned after the company admitted lying to regulators for more than a decade. AMP...