SC informed defective laws are hindering tracing of foreign bank accounts
The DG FIA informed the court Pakistani citizens had invested 4,240 billion UAE dirham in the Gulf nation
IMF warns of potential debt risks for countries involved in OBOR
HONG KONG: International Monetary Fund Managing Director Christine Lagarde said on Thursday China’s Belt and Road initiative is showing signs of progress...
Pakistan among 20 countries most affected by China’s slowdown
ISLAMABAD: As coronavirus threatens the global economy, the United Nations Conference on Trade and Development (UNCTAD) has said that China's slowdown would...
SBP’s foreign exchange reserves fell by $3.9b since October 2016
Karachi: According to data available, the foreign exchange reserves held by the State Bank of Pakistan (SBP) are said to have fallen...
NWP approved by CCI, seeks development budget rise for water resources to 10 pc by 2019
ISLAMABAD: Pakistan’s first National Water Policy has been approved by the Council of Common Interests (CCI) on Tuesday with the consensus of...
Stocks gain 90 points in range-bound trading
KARACHI: The Pakistan Stock Exchange (PSX) witnessed a dull start to the trading week, with the benchmark KSE-100 Index managing to close...
ADB calls for regional cooperation to help Asia tackle cross-border challenges
ISLAMABAD: Regional cooperation is necessary to tackle a rising number of cross-border challenges in Asia and the Pacific, including infrastructure gaps, trade...
MoC to amend rules, prevent political appointment of TDAP executive
While the government is yet to appoint the new head of Trade Development Authority of Pakistan (TDAP) since the resignation of the...
Government constitutes council of business advisors
The Government has constituted the “Council of Business Leaders” comprising of stakeholders from the public and private sector. The 22-member council is...
Caretaker govt claims credit for lowering borrowings
Expenditure rationalisation and revenue mobilisation seen as the salient features of the caretaker economic policy
China can speed up financial sector opening, official says
BEIJING: China can speed up the opening of its financial sector if the United States is unhappy with the pace because it will...
Stocks manage modest gains in range-bound session
KARACHI: The Pakistan Stock Exchange moved in a narrow range on Wednesday, with the benchmark KSE-100 Index closing a lacklustre day with...
Shutdown is starting to hurt Trump’s financial deregulation agenda
WASHINGTON: The US government shutdown over President Donald Trump’s call for Congress to fund a wall he promised to build on the US...
SECP to initiate action against financial pundits online
The Securities and Exchange Commission of Pakistan (SECP) has taken the decision to take stern action against people who act as financial...
Sugar policy: Ministry seeks proposals from provinces, PSMA
The federal government has started work on first-ever sugar policy in order to streamline the sector.
The informed sources said that the Ministry...