FBR gets property details of Pakistanis in the UK
ISLAMABAD: The Federal Board of Revenue announced that it has received data of all immovable properties owned by Pakistanis in the United Kingdom from...
WB sees ‘huge willingness’ to suspend debt payments for poorest countries
WASHINGTON: The World Bank is seeing “a huge willingness” on the part of official bilateral creditors to suspend debt payments by the world’s poorest...
Govt releases Rs963m for Revenue Division projects
ISLAMABAD: The federal government has so far authorised release of Rs962.725 million for various ongoing and new projects of the Revenue Division under its...
Economists, business community welcome Imran Khan’s pledges for economy, good governance
ISLAMABAD: While the incoming government of Pakistan Tehrik-e-Insaf (PTI) is going to immediately face a dire economic situation, economists have welcomed the peaceful transition...
Pakistan’s foreign reserves fall by $309m to $9480m
Foreign exchange reserves held by SBP decreased by $309 million to $9,480 million due to external debt and other official payments, SBP noted.
Bank Alfalah posts Rs8.3bn profit for 9M2020
The Board of Directors of Bank Alfalah Limited on Wednesday approved the bank’s unaudited condensed interim financial statements for the nine-month period ended September...
Pakistan out of financial crisis, says EAD official
'Japan, Germany, Turkey, are also in the queue to invest in Pakistan'
Pakistan is finally out of its precarious financial situation due to the...
ICAP urges govt to bring all sectors of economy to tax-net
ISLAMABAD: The Institute of Chartered Accountants of Pakistan (ICAP) recommends that the government bring all sectors of the economy to the tax-net, irrespective of the...
Foreign reserves held by SBP fall by $342mn
The total liquid foreign reserves held by the country stood at $16,369.7 million on 31 August 2018, according to the State Bank of Pakistan...
KSE-100 loses 417 points amid political uncertainty
KARACHI: Investors of the Pakistan Stock Exchange (PSX) witnessed a turbulent session on Tuesday, as the indices, which open positively, turned their path and...
Budget 2018-19: Govt to bag Rs1,118 billion as external loans, grants
In the 2018-2019 budget, the government of Pakistan with its aim and objective to ‘promote economic and social development’ eyes to bag Rs1,118 billion from various lending agencies and countries.
PIA privatisation reaches Phase-II
ISLAMABAD: Massive liabilities worth Rs324 billion has become a major headache for stakeholders inolved in the privatisation of Pakistan International Airlines (PIA). In a bid...
Board to ensure implementation of AML/CFT rules in savings schemes
ISLAMABAD: In a bid to comply with the requirements of the Financial Action Task Force (FATF), the government has constituted a five-member supervisory board...
Experts confident in state of economy, markets despite jittery history
PSX’s post-election rally hit a brick wall just when US Secretary of State Mike Pompeo poured cold water on the IMF plan.
ITU Fintech Centre inks agreement with Karandaaz Pakistan
ISLAMABAD: Information Technology University (ITU) of Punjab and Karandaaz Pakistan entered into an agreement to initiate three research projects through the Fintech Centre established at...
