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...
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...
Fate of Pfizer’s consumer business in spotlight after Merck sells its unit
NEW YORK: With the sale of Merck's consumer healthcare business to Procter & Gamble, the spotlight now shifts to the fate of Pfizer's consumer...
Do cures harm the drug business?
OTTAWA: "Is curing patients a sustainable business model?" That provocative question was posed on page 38 of a Goldman Sachs research report...
Rupee has attained its “optimal value”, no further need for devaluation: Dr. Miftah Ismail
WASHINGTON: Pakistan’s de-facto Finance Minister Dr. Miftah Ismail in an interview to Bloomberg TV on Friday said the rupee had attained its...
IMF requires to control large external imbalances: US Treasury secretary
WASHINGTON: U.S. Treasury Secretary Steven Mnuchin said on Friday that the International Monetary Fund needed to “step up to the plate” to...
Pakistan informs U.S it isn’t seeking any bailout from the IMF
WASHINGTON: Pakistan’s de-facto Finance Minister, Dr. Miftah Ismail apprised U.S officials in a meeting in Washington on Thursday that Pakistan wasn’t seeking...
Pakistan, Afghanistan agree to meet next month for resolving trade dispute
WASHINGTON: To resolve trade-related problems, Pakistan and Afghanistan have decided to set-up working groups and a high-level meeting in this regard will...