Lahore, the costliest city to live in Pakistan: SBP
KARACHI: Inflation monitor data from State Bank of Pakistan revealed Lahore has the highest inflation compared to other cities across the country.
Inflation...
SME development directly co-related to cross-border e-commerce, says: Anusha Rahman
ISLAMABAD: Pakistan’s Minister of State for IT and Telecommunication, Anusha Rahman while speaking in Davos on a roundtable conference on e-commerce said...
Political stability, policy continuation critical to Pakistan’s economic growth: Ahsan Iqbal
ISLAMABAD: Minister for Interior and Planning, Ahsan Iqbal on Tuesday urged for political stability and policy continuation to allow Pakistan’s economy to...
Toyota Vitz was the highest imported car of 2017
KARACHI: A major spike of 70 percent was recorded in imports of used cars during 2017, touching 65,723 units compared to 38,676...
US, China currency war may have profound impact on Pakistan’s fragile economy
DAVOS: As the United States aggressively pursues a policy of dollar depreciation and enters a currency war with China, Pakistan would be...
Political consensus key to executing structural reforms: IMF
ISLAMABAD: Pakistan will require a comprehensive consensus on the political front to execute much needed structural reforms, said IMF’s Resident chief Tokhir...
Tax holiday for businessmen under CPEC projects to help establish industrial zones: Afzal
ISLAMABAD: Minister of State for Finance Rana Muhammad Afzal on Thursday said that tax holiday given to businessmen and companies under China...
300 locomotives to be manufactured under long term plan: Senate told
ISLAMABAD: Minister for Railways Khawaja Saad Rafique on Thursday informed the Senate that a 10-year long term plan has been prepared to...
Pakistan failed to devise specification of manganese additive in petrol
ISLAMABAD: Pakistan has still not formally revised the specifications of fuels and due to which increased content of manganese in gasoline has...
SBP may uphold policy rates at 5.75pc or increase 25 basis points
KARACHI: The State Bank of Pakistan (SBP) may keep the policy rates and discount rates unchanged at 5.75 per cent or it...
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...
Fitch downgrades Pakistan’s outlook to negative, reaffirms ‘B’ credit rating
LAHORE: Fitch on Thursday downgraded Pakistan’s outlook from stable to negative and reaffirmed the 'B' credit rating, citing political uncertainty and upcoming...
Government not worried about increasing debt: MoF
ISLAMABAD: The federal government obtained $ 2.9 billion in loans from commercial banks, multilateral and bilateral institutions in December 2017 alone.
Documents available...
Indonesian president’s visit to strengthen trade relations between two countries: SAARC Chamber
ISLAMABAD: SAARC Chamber of Commerce and Industry Vice President Iftikhar Ali Malik Wednesday said forthcoming 2-day state visit of Indonesian President Joko...
China requested to fund water project under CPEC: Ahsan Iqbal
ISLAMABAD: The National Assembly (NA) was informed on Wednesday that China has been requested to provide finances for water project under China-Pakistan...