$703m short-term loans obtained from foreign banks during 1st quarter FY 2017-18: EAD
ISLAMABAD: Economic Affairs Division (EAD) data revealed Pakistan has signed short-term commercial loan agreement of $703m during first quarter (July-September) of current...
Call for regional economic integration in South Asia
LAHORE: SAARC Chamber of Commerce and Industry (Pak chapter) Vice President Iftikhar Ali Malik Sunday said South Asia had a viable potential...
Dollar brawler
Ever wondered why the rupee quotes at 108.20 or 110 and not at Rs120 or Rs125 to a dollar? It’s not much...
Q-Mobile caught smuggling
KARACHI: Customs has confiscated a shipment of 64,000 Q-Mobile phones worth Rs350m imported by Digicom Trading Pvt Ltd.
These mobile phones were confiscated...
Government to raise Rs4.375t from auction of t-bills, long-term papers
KARACHI: State Bank of Pakistan (SBP) on Friday disclosed the government intends to raise Rs4.375 trillion from banks through sale of treasury...
Pak signed FTAs with China, Sri Lanka, Malaysia so far, Senate told
ISLAMABAD: Minister for Commerce and Textile Muhammad Pervaiz Malik Friday informed the Senate that so far Pakistan has signed Free Trade Agreements...
New trade rules slow-down trade at Torkham border
PESHAWAR: The new rules created by Pakistan for trade with Afghanistan and stringent documentary requirements has impacted decades-old commerce between the two...
Govt flouts SC’s decision, provides Rs94b funding to secure 100 NA seats
ISLAMABAD: Flouting Supreme Court’s decision barring discretionary spending, the incumbent government has provided over Rs94b of funds to lawmakers to win elections...
CPEC projects will not be affected by change of Pak govt, assures China
BEIJING: China has on Thursday stated that a change in government in Islamabad will not disrupt the development work on China-Pakistan Economic...
Economic progress in Pakistan remains subdued: IMF
ISLAMABAD: International Monitoring Fund (IMF), the main source of foreign debts to Pakistan, has expressed its concern over the subdued economic progress...
Hope of bail-out package fade for stock market amidst political wrangling
KARACHI: The rumours of an imminent bail-out package for Pakistan Stock Exchange seem to be fading as a government official said no...
FBR registers more than 18.5pc revenue growth
ISLAMABAD: Federal Board of Revenue has continued to display satisfactory performance for the fourth consecutive month of the current financial year and...
Market Daily: PSX makes a comeback, KSE 100 gains 836.45 points
-- Market bounced twice from 39,500 points
LAHORE: The Pakistan Stock Exchange (PSX) took a huge turn on Wednesday and recovered the losses...
CPEC further expanded foreign investment in Pakistan
ISLAMABAD: Experts on Wednesday said the success of the China Pakistan Economic Corridor (CPEC) has been realized by the massive splurge and...
IMF urges Pakistan to sign bilateral trade agreements for boosting exports
KARACHI: International Monetary Fund (IMF) released its economic outlook report for Middle East and Central Asia and said Pakistan has a great...