Non-textile sector to start receiving Rs828m refunds from Friday: minister
ISLAMABAD: Prime Minister’s Adviser on Commerce and Investment Abdul Razak Dawood on Thursday announced that Drawback of Local Taxes and Levies (DLTL) refunds of...
Former PM allegedly involved in Rs280m contract award against OGRA rules
ISLAMABAD: Former Prime Minister Shahid Khaqqan Abbasi is allegedly involved in the award of a $280 million worth contract for the 427km long Machike-Tarru...
Emerging markets may lose their friendly banker
Need a loan? Don’t call China.
Pakistan seeks IMF’s assessment for next bailout package
ISLAMABAD:Â While officials from the Ministry of Finance deny any talks with the visiting International Monetary Fund (IMF) team regarding any new bailout package, sources...
Stocks fail to sustain gains amid selling pressure
KARACHI:Â After a relatively smooth start to the trading session on Tuesday, the Pakistan Stock Exchange (PSX) succumbed to selling pressure, closing the day in...
Govt to set up Pakistan Corporate Restructuring Company to boost economy
ISLAMABAD: Following the directions of Prime Minister Imran Khan to boost economic growth and create employment opportunities, the government plans to establish Pakistan Corporate...
Market daily: PSX ends flat, as big names announce earnings
LAHORE
The Pakistan Stock Exchange (PSX) failed to hold on to early morning gains and to the disappointment of investors, concluded Monday’s session flat. Noise in both...
Lotte Chemicals reports 25pc increase in profitÂ
LAHORE: The Board of Directors of Lotte Chemicals Pakistan Limited (LOTCHEM) met on Friday to review the company's performance and announce the financial results...
Pakistan to hold policy-level talks with IMF this week
IMF also likely to visit NAB, review anti-corruption framework
China sending buying mission to Pakistan
The Chinese Ambassador HE Yao Jing called on the Advisor to Prime Minister on Textile, Commerce, Industry, Production, and Investment, Abdul Razak Dawood today in...
Trade deficit plunges by 16.5pc in July
ISLAMABAD: The trade deficit of Pakistan has decreased to $3.192 billion in July, a decrease of about 16.15 per cent from the $3.807 billion...
PTCL’s net profit decreases 14.5pc to Rs6.3bn
LAHORE: The Pakistan Telecommunication Company Limited (PTCL) has posted PTCL Group and PTCL’s net profit at Rs2.4 billion and 6.3 billion, respectively.
The company’s financial...
Stocks bleed as KSE-100 plummets 785 points
KARACHI:Â Bears kept a tight grip on the Pakistan Stock Exchanged (PSX) on Monday, as the indices, which opened on a positive note, soon their...
Economists say mini-budget lacks clarity of thought
-- Miftah Ismail terms the bill ‘IMF inspired’
ISLAMABAD: Leading economists, industrialists and businessmen on Tuesday commented on the government’s finance bill, saying that the government...
One in five financial institutions consider cryptocurrency trading, survey says
LONDON: One in five financial institutions is considering trading cryptocurrencies within the next 12 months, a survey published by an international news agency on Tuesday...
