Emerging markets may lose their friendly banker
Need a loan? Don’t call China.
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...
SBP governor hints further devaluation of rupee
ISLAMABAD: As the experts have already expected a further decrease in the value of Pakistani currency against the dollar, the State Bank of...
FBR extends deadline to file tax returns
The Federal Board of Revenue (FBR) today announced the extended deadline to file tax returns by one month.
The returns can now be filed...
Common standards for SAARC countries on food items approved
LAHORE: South Asian Association for Regional Cooperation (SAARC) nations have approved harmonised and uniform standards for three food items.
While the final common...
Budget 2018-19: Government presents Rs2043 billion total PSDP for FY 2018-19
The PSDP size including PPP mode financing has increased from Rs1,001 billion in 2017-18 to Rs1030 billion in year 2018-19 which shows an increase of 3 percent
Shell Pakistan posts Rs3.54bn loss for 2nd quarter of 2020
The Board of Directors of Shell Pakistan Limited (SPL) met on Friday to discuss the company’s performance and announce its financial results...
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.
Pakistan, China to collaborate for innovative financial instruments
Chief Representative of CFFEX in Pakistan Mr You Hang along with PSX director calls on Finance Minister Muhammad Aurangzeb
KSE-100 closes flat in range-bound trading
KARACHI: The Pakistan Stock Exchange (PSX) failed to carry forward its positive momentum and ended a range-bound session on Tuesday flat.
Foreign investors...
Virus lockdown: Gul Ahmed reports Rs8bn loss in revenue
LAHORE: The retail stores of Gul Ahmed Textile Mills Limited (GATM) across the country had remained closed for approximately eight weeks, owing...
Stocks stage comeback as KSE-100 ends 435 points higher
KARACHI: After a rough start to the trading session on Wednesday, the Pakistan Stock Exchange (PSX) managed to stand its ground and closed...
Economic conditions in Pakistan suitable to float bonds, banks tell govt
ISLAMABAD
The government has been informed by the multinational banks that the peaceful transition of power has allayed the apprehensions about Pakistan in...
Weekly inflation up 0.42pc
ISLAMABAD: The sensitive price indicator (SPI) for the week ended November 15 increased to 0.42 per cent over the previous week, and...
Blame ‘superstar’ tech firms for slow wage growth, says OECD
PARIS: Fast-growing “superstar” tech firms are taking a growing share of national income in many countries, leaving workers’ overall wage growth subdued, the...