Abdul Hafeez Shaikh

Hafeez Shaikh welcomes Supreme Court’s decision regarding GIDC case

Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh on Thursday welcomed the Supreme Court's (SC) decision pertaining to...

Large scale manufacturing contracts 10.17pc in FY20

ISLAMABAD: Output of the Large-Scale Manufacturing (LSM) sector reduced by 10.17 per cent during fiscal year 2019-20 (FY20) compared to FY19, the...

Interest rate on youth loans slashed by half: Hafeez Shaikh

ISLAMABAD: In a major relief, Adviser to Prime Minister on Finance Abdul Hafeez Shaikh on Wednesday announced that the government has slashed...

Stocks tumble 85 points on selling pressure

KSE-100 closes in red despite accumulating over 500 points in early trade

Car manufacturing down 49.73pc YoY in July

ISLAMABAD: The production of passenger cars in the country posted a record decline of 49.73 per cent to 8,280 units during the...

Business optimism declines during second quarter of 2020: report

Dun & Bradstreet Pakistan on Tuesday released the 3rd Edition of the Business Optimism Index (BOI) for the second quarter of 2020...

Country heading towards economic stability: Faraz

ISLAMABAD: Federal Minister for Information and Broadcasting Shibli Faraz has said that State Bank of Pakistan’s (SBP) foreign reserves have increased to $12.5...

Stocks lose 114 points in range-bound session

Selling pressure observed in cement, steel, exploration & production and banking stocks   

Pakistan records trade surplus with Italy: SBP

Exports to Italy clocked in at $751m while imports stood at $522m in FY20  

IMF programme in limbo as key targets remain unfulfilled

ISLAMABAD: The International Monetary Fund (IMF) would review Pakistan's performance under the Extended Fund Facility (EFF) in the last week of September.  According...

Pakistan’s exports may rise by up to $12bn by 2024: ITC

ISLAMABAD: Although the country's exports are expected to face the impact of Covid-19 in the current fiscal year, the International Trade Centre's...

Moody’s upgrades Pakistan’s outlook from ‘under review for downgrade’ to ‘stable’, maintains B3 rating

---Moody's forecasts current account deficit (CAD) for ongoing FY21 at 2 per cent of GDP compared to 1.1 per cent recorded in FY20
Gen Asim Bajwa

Agreement for Rashakai SEZ to be signed by August end, says Asim Bajwa

ISLAMABAD: CPEC Authority Chairman Asim Saleem Bajwa on Friday said that the agreement for the establishment of Rashakai Special Economic Zone (SEZ)...

Legislation to meet FATF conditions will destroy business sentiment, NA body says

--Opp members say Pakistan being 'targeted' by FATF through stiff conditions --Hafeez Shaikh says legislation for FATF conditions is 'not an agenda of...

Govt unveils new shipping policy with an aim to attract investment

Ali Zaidi announces tax incentives for shipping industry investors, says at least three local shipping companies will soon be registered under the new policy