Rs838.88mn collected for Bhasha, Mohmand dams fund: SBP
ISLAMABAD: The fund dedicated to the construction of Diamer Bhasha and Mohmand dams has so far received over Rs839.88 million from various individuals and...
KSE-100 closes in green amid volatile activity
KARACHI: The Pakistan Stock Exchange (PSX) witnessed a volatile trading session on Tuesday, with the indices swinging wildly in both directions before managing to...
Covid-19: SBP activates temporary relief facility to support economy
KARACHI: The State Bank of Pakistan (SBP) has opened up its subsidized Temporary Economic Relief Facility (TERF) scheme to expand existing projects as well...
No decision yet to go for IMF bailout package, says MoF
Finance Ministry on Thursday clarified that the government had not yet taken any decision to go to the International Monetary Fund (IMF) for any bailout package.
China helping Pakistan avert foreign currency crisis
Pakistan obtained $1.5 billion from China during the first ten months of the current financial year 2018-19
FPCCI appoints Muhammad Kamran Saleem as Takaful Standing Committee Chairman
KARACHI: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) has appointed Pak-Qatar Takaful Group (PQTG) Chief Financial Officer (CFO) and Company Secretary...
Local media urged to remove negative misconceptions about CPEC
ISLAMABAD: As the government has failed to remove many misconceptions about the multibillion-dollar project - the China Pakistan Economic Corridor (CPEC), the local media...
Current Account deficit widens by 48pc
KARACHI: The current account deficit in the first seven months of 2017-18 amounted to $ 9.1 billion, up 48.1 per cent from a year...
PSX heads south on low turnover
Index loses 295 points; trading volumes decline by 42pc
KARACHI: Investors of the Pakistan Stock Exchange (PSX) witnessed another rough session on Thursday, as the...
China’s tumbling yuan slows as big banks seen selling dollars
The latest bout of yuan weakness, catalyzed by concerns over the brewing China-U.S. trade war and a slowing Chinese economy, has seen the yuan shed 7.6 percent of its value against the dollar since the end of the first quarter of this year
How the HBL PSL became Pakistan cricket’s financial lifeline
In the past five years, the tournament has consistently been the biggest contributor to the PCB’s revenue. This is where the money comes from, and where it should be going
PTI highly likely to form federal govt, says Topline Securities
Pakistan KSE-100 index to go as high as 48,000 in case of PTI led government. While the index may go up to 50,000 if PML-N leads.
Pakistan to start receiving information on offshore accounts in September
ISLAMABAD: Pakistan is poised to receive information about offshore financial accounts in September 2018. This was stated by the spokesperson and member policy Dr Muhammad...
BOP’s pre-tax profit surges 18pc to Rs10.5bn
The Bank of Punjab (BOP) Board of Directors recently approved the unaudited financial statements for the nine months ended September 30, 2019.
The Net Interest...
TOMCL profit rises 22pc in FY20
LAHORE: The Board of Directors (BOD) of The Organic Meat Company Limited (TOMCL) met on Thursday to review the company's performance and announce its...
