Cryptocurrencies banned in Pakistan

KARACHI: In a new development, the State Bank of Pakistan (SBP) has banned cryptocurrencies in the country. The booming industry that has had...

Miftah chairs monetary and fiscal policy coordination meeting

ISLAMABAD: The Adviser to Prime Minister on Finance, Revenue and Economic Affairs, Dr Miftah Ismail Chaired the meeting of Monetary and Fiscal Policies...

Pakistan extends duty free access for 67 per cent Chinese exports

ISLAMABAD: China has extended duty free access on 90 per cent Pakistani exports under Pak-China Free Trade Agreement (FTA)-2, while Pakistan has...

Punjab may introduce new mechanisms to finance local govts

LAHORE: Punjab government may introduce new mechanisms to finance city district government’s projects in its last budget by introducing performance-based financing, asking them...

Ministry of Planning proposes development projects worth Rs1.3 trillion in next budget

ISLAMABAD: While the Ministry of Finance (MoF) is unlikely to reconsider its decision to cut the development budget to Rs750 billion in...

Listed companies’ shareholders to submit bank account details in 45 days

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has given 45 days to shareholders of listed companies to provide relevant details of...

Market Daily: KSE 100 index jumped 583.30 pts, crosses 47,000 mark

Investors rushed to buy at the Pakistan Stock Exchange (PSX) on early Friday morning after the Prime Minster on Thursday announced a...

Inflation contained, strong growth in revenues due to increased spending: SBP

KARACHI: Pakistan’s economy is set to surpass last year’s growth rate, with a continued robust performance by agriculture and services in addition to...

Advisor to PM on aviation inaugurates new livery of PIA

KARACHI: Advisor to the Prime Minister on Aviation Sardar Mahtab Ahmad Khan has inaugurated a new livery of Pakistan International Airlines (PIA)...

Netflix offers more than $300 million for billboard company

LOS ANGELES: Netflix is attempting its largest acquisition, offering more than $300 million to acquire a company that owns billboards across Los...

PAMA proposed tax measures to reduce cost of locally produced vehicles

LAHORE: Pakistan Automotive Manufacturers Association (PAMA) in its budget proposals has proposed some tax measures to reduce the cost of locally produced...

Shareholders of listed companies to submit bank account details in 45 days

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has given 45 days to shareholders of listed companies to provide relevant details...

Workshop on creating enabling business environment held in Karachi

Islamabad: A workshop aimed at providing information regarding government's efforts to create a business enabling environment in Pakistan with contributors to the World...

PSO resumes furnace oil imports to curtail power outages in summer

SINGAPORE: Pakistan State Oil (PSO) this week issued its first fuel oil import tender for the year after suspending purchases at the...

Brazil sugarcane industry vilifies Pakistan, India for protectionist measures

BRASILIA: Brazil’s sugarcane industry on Thursday took aim at policies undertaken by Pakistan and India to protect local producers and boost sugar...