CPEC ‘curtailment’ under stricter IMF programme, warns Fitch
ISLAMABAD: The US pressure could lead to ‘stricter’ conditions by the International Monetary Fund (IMF) to bail out Pakistan, including curtailment of...
Foreign direct investment surges 88pc to $2.56bn in FY20
China remains top investor with an FDI of $844m, followed by Norway with $402m
Pakistani’s offshore accounts data set to be accessible from 1st September
As many as $64 million have been remitted to Pakistan under the recently concluded tax amnesty scheme
Questions over GE’s power turbines performance being raised in Pakistan
ISLAMABAD/SINGAPORE: General Electric’s flagship gas turbines ran into problems in Pakistan earlier this year, leading to delays and lengthy outages at three newly...
ECC to take up circular debt, impact on power sector in first meeting
ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet will take up the matter of circular debt and its impact on the...
Bears pull KSE-100 down 168 points
Repayment of GIDC throws fertiliser stocks off track
China central bank urges calm after Baoshang takeover
SHANGHAI: China’s central bank sought to calm investors on Sunday after last month’s takeover of Inner Mongolia-based Baoshang Bank, saying regulators are...
Pakistan to issue dollar savings certificates within two months
The country expects to raise $1 billion by selling saving certificates to Pakistanis working overseas
The certificates, which are likely to...
Pakistan can’t solely rely on textile, cotton to enhance exports: A.R Dawood
ISLAMABAD: To boost exports, Pakistan needs to focus on information technology, engineering and chemical sector said business tycoon, Abdul Razzak Dawood on...
Motorbike, three-wheeler sales up 19.6pc in July-Aug FY21
ISLAMABAD:Â The sale of motorbikes and three-wheelers witnessed an increase of 19.59pc during the first two months (July-August) of the current financial year...
Qatar to invest $22bn in Pakistan: report
Qatari Emir Sheikh Tamim bin Hamad Al-Thani will visit Pakistan on June 23 (Sunday), a private media house reported on Monday.
According to...
DISCOs incurring losses amounting to billions of rupees
LAHORE: PEPCO held a detailed review of the performance of all Distribution Companies during the month of December 2017. The progress of implementation...
Stocks extend losses amid lack of triggers
KARACHI: Following the massive decline a day ago, the Pakistan Stock Exchange (PSX) extended its fall, though at a slower pace on...
Govt committed to providing employment, fighting inequality: Hafeez Shaikh
PM's aide addresses IMF panel, stresses need for collective efforts to avert Covid challenges
Dollar falls to eight-month low against rupee; reaches Rs159.46
KARACHI:Â Pakistani Rupee continued its winning streak against the US Dollar in the interbank market, gaining another 37 paisas on Friday to bring...