SMS booking service for new currency notes, a major success says: SBP
Karachi: The State Bank of Pakistan’s (SBP) SMS booking service for new currency notes has been a major success, as so far...
Large-Scale manufacturing grows by 5.58pc in July-April quarter
Islamabad: The country's large -scale manufacturing (LSM) sector grew 5.58 percent during the first ten months (July-April) of the current fiscal year...
Branchless banking transactions saw increase in Jan-March quarter: SBP report
Karachi: The State Bank of Pakistan (SBP) on Friday released statistics detailing the rise of branchless banking accounts in the country by...
Pakistan’s total debt stands at 66.6pc says: IMF
Islamabad: The International Monetary Fund (IMF) on Friday warned that the macro-economic stability gains made by Pakistan under the 2013-2016 EFF supported...
Foreign companies to invest in Pakistan’s LNG sector
Islamabad: Major players have shown keen interest to invest in Liquefied Natural Gas (LNG) sector of Pakistan after seeing immense business potential...
Current export portfolio marred by lack of diversification: APBF
Karachi: The All Pakistan Business Forum (APBF) president Ibrahim Qureshi has stated that a National Export Growth Strategy with ownership at the...
PSO seeks Rs 60 billion from the govt to clear the loan obtained for controlling the circular debt
ISLAMABAD: Financially starved Pakistan State Oil (PSO) has sought Rs 60 billion from the ministries of finance and power to clears the...
Damaged crop and high air freight to cause decline in mango exports
ISLAMABAD: Apart from the falling exports especially of textile made-ups, which earn 60 percent of the total foreign exchange of the national...
PBA urges government to scrap ‘super tax’
Islamabad: Pakistan Banks Association on Thursday demanded the government to withdraw the super-tax that was enacted in 2015 after the recent passing...
Byco Petroleum to become Pakistan’s largest fuel maker says: Bloomberg
Karachi: In a report filed by Bloomberg, Byco Industries, a Karachi based company is expected to start its operations again in July...
PHMA welcomes government move to reduce sales tax on raw material supplies
Lahore: The Pakistan Hosier Manufacturers and Exporters Association (PHMA) on Thursday has welcomed the governments initiative in the next financial year’s budget...
Qatar’s migrant workers on Gulf crisis frontline
Doha: Ajit, an Indian electrician, is just seven months into his new job but right now he is a worried man, like...
Right Bank Outfall Drain-II delays increase cost of project to Rs62b
Islamabad: The Senate Standing Committee on Planning, Development and Reform was informed on Thursday that work on the 273km Right Bank Outfall...
Pakistan would be a part of G20 world economies by 2030 says: Ishaq Dar
Islamabad: Finance Minister Ishaq Dar on Monday said Pakistan would be part of an elite club of leading world economies G20 by...
ADB to give $300m loan for power sector reforms
Islamabad: The Asian Development Bank (ADB) on Thursday approved a fresh loan of $300m for Pakistan’s ailing power sector which is the...