Govt urged to take stakeholders on board for EDI protocols

-- Council suggests comprehensive review of import valuations to stem misuse and under-invoicing Pakistan Business Council (PBC) has urged the government that protocols...

Market Daily: Waning investor confidence leads to PSX losing 411.62 points

LAHORE: The final day of the week saw investors opting out of the market. Indices added on to the losses as the...

Gilgit Baltistan and Azad Jammu Kashmir’s share of development budget increased

In a National Economic Council meeting presided over by the Prime Minister Nawaz Sharif on Friday, the share of development budget for...

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...

Trump says no hurry to sign China deal as trade war escalates

WASHINGTON/BEIJING: US President Donald Trump said on Friday he was in no hurry to sign a trade deal with China as Washington imposed...

OGDCL injects five new oil, gas wells in production gathering system

ISLAMABAD: Oil and Gas Development Company (OGDCL) has injected five new oil and gas wells, producing 4,133 barrels crude oil and 891...

Finance Minister chairs NEC meeting, reviews progress in AML & CFT

The NEC is a high-level body established to oversee both policy and implementation matters of the anti-money laundering (AML) and counter financing of terrorism (CFT) regime

Stark economic indicators could dent growth target of 6 percent

ISLAMABAD: Pakistan may be unable to attain its target of 6 percent growth during FY 2017-18, as eight months data of commodities...

Dollar reserves of commercial banks exhibit 24 percent rise

KARACHI: Data available from State Bank of Pakistan for last 13 months till end of January 2018 revealed reserves held by commercial...

KSE-100 ends in green after volatile session

KARACHI: Investors at the Pakistan Stock Exchange (PSX) witnessed a volatile trading session on Wednesday, with the benchmark KSE-100 Index managing to...

Stocks extend losses amid lack of triggers

Despite a good start, KSE-100 settles lower by 100 points at 33,438.94

Dar reaffirms resolve to make International payments on time

ISLAMABAD: Minister for Finance and Revenue Senator Ishaq Dar on Saturday reaffirmed the firm resolve of the government to ensure international payments...

Qatar’s tourism sector reeling under boycott pressure

Doha: A boycott imposed by four Arab nations that accuse Qatar of supporting terrorism is squeezing the tourism sector and Doha’s hotels,...

Tax collection had enhanced 17pc before Covid-19: Asad Umar

ISLAMABAD: Planning and Development Minister Asad Umar has clarified that tax collection had been enhanced by about 17 per cent by February...

World Bank warns brewing trade storm jeopardizes global economy

The growth of the world economy is expected to slow to 2.9 percent this year, and 2.8 percent in 2020, slightly below the previous forecast, and the estimates for nearly all regions and countries were downgraded