Citibank foresees Pakistan continuing its growth trajectory aided by CPEC
KARACHI: After ceasing its commercial banking operations in 2012, Citibank says it expects Pakistan’s economy to continue its growth trajectory in wake...
OGRA starts consultative sessions for review of existing gas tariff scheme
ISLAMABAD: Oil and Gas Regulatory Authority in partnership with World Bank (WB) has launched a series of consultative sessions across Pakistan to...
FBR notches 20pc increase in revenue collection for July-November 2017
ISLAMABAD: Tax collection went up by 20 per-cent during July-November period of financial year 2017-18 touching Rs1.302 trillion, the Federal Board of...
Successful bond float could help to rein in rupee depreciation
KARACHI: Pakistan’s successful bond float of $2.5 billion from international debt markets has raised prospects of pressure easing on the rupee, which...
Political uncertainty endangers Pakistan’s economic progress: Abbasi
LAHORE: Prime Minister Shahid Khaqan Abbasi believes political uncertainty is shattering investor confidence and negatively affecting the country’s economy before its heads...
Pakistan IT exports rise to $2.9 billion
ISLAMABAD: Due to government incentives to IT and Information Technology Enabled Services (ITeS) industry, Pakistan’s IT exports have grown to an estimated...
Pakistan holding talks with France, Italy & Spain for LNG supplies
ISLAMABAD: Pakistan is in talks to import liquefied natural gas (LNG) from France, Italy and Spain, a senior Pakistani source said, raising...
Pakistan auctions Sukuk, Euro Bonds worth $2.5bn
ISLAMABAD: Pakistan has successfully executed $ 1.0 billion five years Sukuk and $ 1.5 billion ten years Eurobond transactions at a profit...
Low base lift up Nov CPI expected to swell 4.2pc
LAHORE:Â Consumer Price Index (CPI) for November is expected swell up to 4.2 per cent from an average of 3.6 per cent in...
NAB to focus on taking action against big fish
KARACHI: Chairman NAB, Justice (retd) Javed Iqbal said that corruption is a curse as fighting such menaces is tantamount to waging Jihad.
Addressing...
Action sought into illegal sale of PIA’s A-310 aircraft
ISLAMABAD: National Assembly Standing Committee on Wednesday told Prime Minister Shahid Khaqan Abbasi to act against Pakistan International Airlines (PIA) senior officials...
Second-hand car imports being inhibited, not banned, says: Dagha
KARACHI: No ban on import of used cars has been imposed and no plans are under consideration to completely close it, said...
ADB to provide $140 million for KP’s road network rehabilitation
ISLAMABAD: Asian Development Bank has approved a $140 million for enhancement of provincial road network, safety and road maintenance in Khyber-Pakhtunkhwa province.
The...
SBP providing cheap financing facilities
FAISALABAD: State Bank of Pakistan (SBP) is providing cheap financing facilities with minimum markup rate to 5 important segments for the speedy,...
Pakistan successfully raises $2.5 billion via issuance of Eurobond & Sukuk
LAHORE: Â Pakistan has been successful in raising $2.5 billion debt via the issuance of dollar-denominated debt as it seeks to shore-up its...