SBP approves CNY for bilateral trade, investment activities
KARACHI: The State Bank of Pakistan (SBP), in the capacity of the policymaker of financial and currency markets, has taken comprehensive policy...
The biggest threats to China’s economy next year
China starts three years of "critical battles" against debt, poverty and pollution in 2018 as policymakers also face rising US interest rates,...
CPI Index shows 4.57pc increase in December
KARACHI: The Consumer Price Index (CPI), during December 2017 witnessed an increase of 4.57 per cent as compared to the same month...
Reports about gross financing needs highly exaggerated
ISLAMABAD: Pakistan’s external gross financing requirements and the risk they pose to the sustainability of the external account have been exaggerated by media...
660 megawatt Thar coal-fired power plant to be operational by Dec 2018
KARACHI: An interactive session was organized on Friday by Sindh Engro Coal Mining Company (SECMC) at Governor House, Karachi.
While presiding the session,...
Transboundary dispute with India, root cause of China not financing Diamer-Bhasha Dam
ISLAMABAD: Due to lingering transboundary dispute with India, China has refused to provide financing for Diamer-Bhasha Dam, following in the footsteps of...
Parliamentary panel requests details about $6.2 billion obtained by SBP
ISLAMABAD: National Assembly Standing Committee on Finance, Friday demanded details regarding State Bank of Pakistan’s short-term borrowing of $6.2 billion.
This comes amidst...
Ogra recommends Rs4.06 per litre hike in petrol prices for January
ISLAMABAD: Oil and Gas Regulator Authority (OGRA) has forwarded summary to the government for raising prices of petroleum products from five to...
WB Country Director meets MoS for Finance
ISLAMABAD: The World Bank Country Director Patchamuthu Illangovan along with members of his team called on Finance Minister Rana Muhammad Afzal Khan...
Weekly inflation witnesses nominal increase of 0.04pc
ISLAMABAD: The Sensitive Price Indicator (SPI) based weekly inflation for the week ended on December 28 for the combined income groups witnessed...
CPPA authorised to sign interim agreement for four IPPs on RLNG production
ISLAMABAD: The Economic Coordination Committee (ECC) on Friday authorised the Central Power Purchasing Agency (CPPA) to sign an interim agreement on revised...
Ismail aims for tax reforms, commends greater currency flexibility
ISLAMABAD: Pakistan’s new finance ministry chief Miftah Ismail said he plans significant tax reforms in the five months before the government’s term...
Euromonitor terms Pakistan among world’s 10 fastest growing markets
KARACHI: Expected to grow at a constant value compound annual growth rate of 5.4% (based on fixed rupee-dollar exchange rate), Pakistan is one of the...
Etisalat threatens government against allowing SCO from operating commercially
ISLAMABAD: Owner of Pakistan Telecommunication Limited (PTCL), Etisalat cautioned the government of Pakistan (GoP) from granting Special Communication Organization (SCO) a licence...
Pakistan, Thailand to present final offer list of FTA on December 30th
ISLAMABAD: Pakistan and Thailand would present their complete final list of Free Trade Agreement (FTA) on December 30 for increasing trade liberalization...