Japan to provide technical, financial assistance to promote SMEs
ISLAMABAD:Â Japan will provide technical and financial assistance to promote Small and Medium Enterprises (SMEs) to boost the export-oriented cottage industries of Sialkot.
This was stated...
Govt plans collection of Rs17bn from consumers on account of gas loss
ISLAMABAD: Pakistan Muslim League-Nawaz government is all set to approve the collection of above Rs17 billion from the gas consumers on account of gas...
Miftah Ismail may be appointed as advisor to PM on Finance
Islamabad: Dr Miftah Ismail may be appointed as Advisor to Prime Minister on Finance, as Ishaq Dar requested to be relieved from this post...
Foreign reserves plunge to four-year low after 4.4 per cent drop
Foreign currency reserves held by SBP were recorded at $9,063.6 million, down $415.9 million
CPI surges by 3.2pc in March
KARACHI:Â The Consumer Price Index (CPI) has surged by 3.2 per cent on a year-on-year (YoY) basis in March 2018, as compared to an increase...
Audit finds mismanagement of old Rs500 currency notes by SBP
ISLAMABAD:Â Record of the old and discarded Rs500 currency notes, worth approximately Rs7.5 billion, was not available with the State Bank of Pakistan (SBP), the...
Over 24pc growth in gross revenue registered during Jul, Aug: FBR
ISLAMABAD
The Federal Board of Revenue (FBR) claims that over 24 per cent growth in collection of gross revenue has been registered in the first...
PM witnesses signing ceremony of MoU between PSX and COPHS
KARACHI:Â Prime Minister Shahid Khaqan Abbasi along with other high ranking Chinese and Pakistani government officials witnessed signing ceremony of a Memorandum of Understanding (MoU)...
Foreign reserves decrease by $219m due to external debt servicing
The total liquid foreign reserves held by the country stood at $14,613.9
million on 12 October 2018.
The foreign reserves held by the State Bank of...
IMF brings down revenue target to Rs4.8tr
–Sources say govt may increase petroleum development levy to meet revised target
–Govt tells IMF it cannot increase gas prices or impose additional revenue collection...
Govt allocates Rs1.6tr for PSDP
ISLAMABAD: The federal government has unveiled a Rs1.6 trillion Public Sector Development Programme (PSDP) for the fiscal year 2018-19 of which Rs 850bn has...
Prospect of Fed cut pushing dividend investors into tech, energy
NEW YORK:Â An expected interest rate cut by the Federal Reserve later this month is pushing yield-oriented US fund managers further afield in search of...
Dr Shamshad for improving quality of local products to decrease imports
ISLAMABAD: Caretaker Finance Minister Friday said that improving the quality of local products at par with international standards was imperative to discourage imports into the country.
The...
SWIFT makes headlines as hackers steal $6mn from Russian bank
MAGNITOGORSK: Unknown hackers stole 339.5 million roubles ($6 million) from a Russian bank last year in an attack using the SWIFT international payments messaging...
Industrial sector grows at 5.8pc in FY2018
ISLAMABAD: The industrial sector of the country is projected to grow at 5.8 per cent during the current fiscal year 2017-18 against the growth...
