Interest rate remains unchanged amid inflation
–Central bank terms latest increase in inflation as ‘transitory’ in nature
–SBP says projection for real GDP growth for FY20 likely to be...
Despite claims, govt unlikely to improve Pakistan’s EODB ranking
ISLAMABAD: Although Prime Minister Imran Khan has given the target of improving Pakistan’s ranking by around 36 points in the World Bank’s ease...
‘Another 20 VIP passenger trains to hit the rails soon’
Sh Rasheed says with the same amount spent on the 27km orange line train, he could have laid a new track...
Construction of small dams imperative, awareness of water conservation necessary: FPCCI
ISLAMABAD: FPCCI Chairman Coordination Malik Sohail on Sunday said conflicts over the construction of large dams has wasted a lot of national...
KSE-100 loses 103 points amid volatile activity
KARACHI: The Pakistan Stock Exchange (PSX) ended the last session of the week on a negative note, with the indices failing to...
Pak-China TVTI to be set up at Gwadar under CPEC
ISLAMABAD
The ministry of ports and shipping will establish a Pak-China Technical and Vocational Technical Institute (TVTI) at Gwadar under China Pakistan Economic...
Pakistan’s petroleum sector attracted $10b investment in last four years
Islamabad: The petroleum sector attracted over $10 billion in foreign investment, despite a tame international oil market during the last four years,...
FBR asked to address ‘undue delays’ in sales tax refunds
Exporters demand restoration of zero-rated regime, as 'textile sector is facing serious cash flow issues'
PSMA fears being unable to pay growers due to non-coherent sugar export policy
LAHORE
The sugar-makers fear that the sugar industry will not be able to pay the growers, in the absence of a coherent sugar...
Horticulture exporters fear huge losses amid border closures
ISLAMABAD: As borders have been closed and the services of international airlines have been suspended in wake of coronavirus outbreak, the exporters...
ICST urges SBP not to hide economic weaknesses of Pakistan
Islamabad: The State Bank of Pakistan (SBP) should not hide economic weaknesses in its reports as it would undermine its reputation, suggested...
FBR denies withholding sales tax refunds
ISLAMABAD
Federal Board of Revenue (FBR) has denied reports which claimed that the online transfer of Rs 23 billion sales tax refund to...
Bears return to bourse as index sheds over 1,000 points
KARACHI: Bearish sentiments surrounded the Pakistan Stock Exchange (PSX) on Tuesday, with the benchmark KSE-100 nosediving over 1,100 points intraday.
Foreign investors changed...
Profit rates on national saving schemes likely to rise on July 1
KARACHI: The profit rates are likely to be increased by half per cent on different national saving schemes.
As per sources, The National...
Proposals for tariff rationalisation evaluated; sub-committee formed
ISLAMABAD: As various sectors had demanded the Ministry of Commerce and other relevant authorities to review the existing tariff structure keeping in...