Ministry of Finance justifies increasing deficits
ISLAMABAD: Ministry of Finance, which is going through an uncertain situation in the absence of its minister for over 23 days now,...
SBP providing cheap financing facilities
FAISALABAD: State Bank of Pakistan (SBP) is providing cheap financing facilities with minimum markup rate to 5 important segments for the speedy,...
Senate committee raises questions on proposed Gwadar duty exemptions lasting 40 years
ISLAMABAD: While rejecting and expressing disappointment on some proposals made in the Finance Bill 2020, the Senate Standing Committee on Finance on...
China hikes tariffs on US goods after Trump warning
BEIJING:Â China said on Monday it would impose higher tariffs on most US imports on a revised $60 billion target list, hitting back...
Locally manufactured car sales rise by 15.5pc in July
KARACHI: Pakistan’s locally manufactured car sales have gone up by 15.5 per cent in July 2018 (first month of the current fiscal...
Intense competition forcing local automakers to rethink strategies
KARACHI: The competition in Pakistan’s automobile sector is heating up as reputed companies like Renault and Volkswagen enter the fray.
The emerging threat...
Pakistan’s LNG imports will keep rising, fuel demand to halve by 2020: Report
LAHORE: S&P Global Platts survey of several companies has revealed Pakistan’s rising LNG imports will contribute to fuel demand halving by 2020,...
Country’s reserves decline by $303.3mn
KARACHI: Despite the free market and depreciation of Pak-rupee, total reserves of the country declined by $ 303.3 million till December 15,...
27pc contraction in trade deficit helped Pakistan save $8.6bn in FY20: PBF
'The country's import-to-export ratio, however, has not improved much, as Pakistan still spends more than two dollars for every dollar earned'
Emerging markets may lose their friendly banker
Need a loan? Don’t call China.
Gasport, FBR locked in dispute over Rs1.5 billion custom duty payment
ISLAMABAD: The second LNG gas terminal which has been a bone of contention and controversy since its inauguration last month is now...
Pakistan, Japan discuss ways to enhance bilateral trade
ISLAMABAD:Â Pakistan and Japan on Thursday discussed ways and means to further promote economic and trade relations between the two countries.
Ambassador of Japan...
SECP’s Shariah Advisory Board approves Murabaha share financing product
ISLAMABAD: The Securities and Exchange Commission of Pakistan's (SECP's) Shariah Advisory Board (SAB) granted its approval to Murabaha share financing product proposed...
Textile exports edge up 8 percent during first half of FY 2017-18
ISLAMABAD: Data released by Pakistan Bureau of Statistics (PBS) on Tuesday revealed textile exports from Pakistan increased 8 percent to $6.642 billion...
Mini-budget to be announced next week, withdraw entitlements available to govt officers
A rise in regulatory and customs duties is amongst the recommendations which will allow 20 percent increase in the revenue collection for the government in its first year of power.