Pakistan accumulates another $115m loan in foreign debt
Pakistan has obtained another short-term foreign loan worth $115m from Dubai-based Noor Bank, to take the federal government’s accumulated external borrowings to...
Pakistan says no to part-financing from ADB as China agrees to solely finance railway project
After China stated that it will be fully financing the $8b Karachi-Peshawar Railway Line (ML-1), Pakistan has refused to accept part-financing from...
Chambers recommend a stop to FBR raids
The Senate Standing Committee on Finance on Thursday decided to write letters to the President and Prime Minister to stop raids by...
2nd day of IGATEX Pakistan 2017
Talks with the government are underway for the payment of export refunds so that the liquidity crunch being faced by textile exporters...
Double taxation avoidance treaty signed between Pakistan and Bulgaria
After successful conclusion of second round of negotiations between Pakistan and Bulgaria, an agreement for avoidance of double taxation and prevention of...
Select USA Investment Summit welcomes Pakistani Investors’ participation
The American Commercial Counselor Steve Knode, on Tuesday, has invited Pakistani businessmen to participate in Select USA Investment Summit, due to be...
Repatriation of profits and dividends rises to $1.33b during first 9 months of FY 2016-17: SBP
According to statistics released by the State Bank of Pakistan (SBP) on Tuesday, the repatriation of profits and dividends in the first...
Investors eyeing Pakistan as lucrative investment destination: Ahsan
Minister for Planning, Development and Reform, Ahsan Iqbal Tuesday said that the world’s key investors were eying Pakistan as a potential investment...
China bails out Pakistan with $1.2bn loans: Financial Times
China has increased its economic sway in Pakistan during the past year, providing more than $1bn in loans to help its neighbour...
Sialkot businessmen urge foundation of parallel support industry
Sialkot one of the country’s leading export destinations has urged the government to institute a parallel support industry that would provide incentives...
Dar proposes solar energy penetration in Balochistan
Finance Minister Ishaq Dar has stated that he had tabled a proposal with the World Bank to allow the penetration of solar...
FTA with Thailand likely to be finalised in May ’17, says Dagha
Pakistan is likely to sign Free Trade Agreement (FTA) with Thailand in May 2017, which would help increase the volume of trade...
SECP to initiate action against financial pundits online
The Securities and Exchange Commission of Pakistan (SECP) has taken the decision to take stern action against people who act as financial...
CPEC a watershed moment in history: Ahsan Iqbal
Federal Minister for Planning, Development and Reform Ahsan Iqbal said that Pakistan has achieved an economic growth rate of 5 per cent...
US commercial officer visits RCCI, reviews ties
AÂ commercial officer from the USÂ Commercial Services Stephen P Knode paid a visit to the Rawalpindi Chamber of Commerce and Industry (RCCI) here...