Stock market gains 574 points as KSA injects $1bn
KARACHI:Â After trading in red for three consecutive sessions, the Pakistan Stock Exchange (PSX) rallied up and ended the last session of the...
IMF ready to support Pakistan, advocates for stronger economic reforms
Lagarde terms meeting with Prime Minister Imran Khan 'good and constructive'
Pakistan has no option but to approach IMF again: Dr Waqar Masood
ISLAMABAD: After banging the drums with no results the PML-N led government is back to where it started financially. Pakistan is left...
Pak holds 10th Round of Phase II China Pakistan Free Trade Agreement
ISLAMABAD:Â The 10th Round of Phase II China-Pakistan Free Trade Agreement (CPFTA) was held in Islamabad on 2nd April, 2018.
The session was...
Drug prices increased by 15pc
KARACHI:Â The Drug Regulatory Authority of Pakistan (DRAP) on Friday announced a price hike of 9-15 per cent across the country.
According to a...
Pakistan’s borrowing touched $1.4b during July-September quarter
ISLAMABAD: $1.4b of loans were obtained by Pakistan during the first quarter of financial year 2017-18 to shore-up foreign exchange reserves and...
‘Exhausted’ Toys ‘R’ Us suppliers weigh options as huge retailer shuts
NEW YORK: When Toys ‘R’ Us secured a $3.1 billion bankruptcy loan in September, toy makers were reassured they would be paid...
Pak-Afghan border smuggling trade stands at $3b
LAHORE: Pakistan-Afghanistan Joint Chamber of Commerce and Industry (PAJCCI) has valued the lucrative smuggling trade at more than $3b, which is more...
Circular debt rising by Rs45bn per month, NA panel told
ISLAMABAD: Pakistan's circular debt is increasing by Rs45 billon per month due to continuous increase in payables and late payment surcharge.
The Ministry...
Plastic imports drop 5.3pc to $2.2bn
ISLAMABAD: The import of plastic materials into the country witnessed a decline of 5.30 per cent during the financial year 2018-19, as...
World Bank, IMF call for suspending debt payment by developing countries
The World Bank and International Monetary Fund (IMF) Wednesday urged upon its bilateral creditors to suspend debt payments from International Development Association...
Pakistan, S Korea agree to enhance economic cooperation
ISLAMABAD:Â Pakistan and Republic of Korea (RoK) have agreed in principle the need for high-level visits from RoK to Pakistan in order to...
Lamentable performance in health sector Punjab takes away Rs2.38bn HRTF grant
LAHORE
Punjab has lost Rs 2.381 billion Health Results Innovation Trust Fund (HRITF) grant, following a lamentable performance in implementing Rs 12.751 billion...
Cultivation on scientific lines can make Pakistan self-sufficient in edible oil production
RAWALPINDI:Â Pakistan can be self-sufficient in edible oil production if the Olive Valley set up by Punjab government in Potohar region is promoted...
FBR unhappy with tax incentives, may take up issue with next government
ISLAMABAD: The Federal Board of Revenue (FBR), which is unhappy over the tax incentives announced by the government in its recently announced...