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)...

Bank AL Habib reports 38pc increase in profit

The Board of Directors of Bank AL Habib Limited has announced the bank’s financial results for the three months period ended March...

DG Cement incurs Rs1.07bn loss in 3QFY20

LAHORE: The Board of Directors of D.G. Khan Cement Company Limited (DGKCC) met on Thursday to review the company's performance and announce...
Dr-Reza-Baqir

State bank, govt working together to shield economy: Reza Baqir

State Bank of Pakistan (SBP) Governor Reza Baqir said the central bank and the federal government had been working together to shield...

MCB profit rises 33pc to Rs6.6bn in Q12020

LAHORE: The Board of Directors of MCB Bank Ltd (MCB) met on Wednesday to review the bank’s performance and announce its financial...

FBR disbursed Rs175bn tax refunds among exporters

ISLAMABAD: The Federal Board of Revenue (FBR) has disbursed Rs175 billion (with an additional amount of Rs50 billion) tax refunds among exporters...
IMF-Pakistan

IMF says satisfied with Pakistan’s implementation of economic reforms

Pakistan’s inflation to fall to 4.8pc, debt-to-GDP ratio to 73pc in 2025

HabibMetro’s income falls 5pc in first quarter

KARACHI: The Board of Directors of Habib Metropolitan Bank Ltd (HMB) met on Friday to review the bank’s performance and announce its...

1Q2020: Engro Fertilizers posts 86pc decline in profit

LAHORE: The Board of Directors of Engro Fertilizers Limited (EFERT) met on Monday to review the company's performance and announce its financial...
Revenue division

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...

After $1.4b approval, IMF puts on hold $6b EFF programme

ISLAMABAD: In the wake of coronavirus pandemic and disbursement of $1.386 billion under the Rapid Financing Instrument (RFI) to help Pakistan address...
Debt

SBP has given one-year reprieve on loan repayments, court told

ISLAMABAD: The Islamabad High Court (IHC) on Friday adjourned hearing on a citizen’s petition seeking to stop a local bank from harassing him...
IMF-Pakistan

IMF cuts FBR’s target by Rs895bn

ISLAMABAD: The International Monetary Fund (IMF) has revised the Federal Board of Revenue’s (FBR) target to Rs3,908 billion from Rs48,03 billion, showing a...

WB chief says more trade will ease pandemic’s economic impact

WASHINGTON: World Bank President David Malpass said on Friday that countries need to allow more trade in order to recover from the...

IMF approves $1.4bn in coronavirus aid to Pakistan

ISLAMABAD: The Executive Board of the International Monetary Fund (IMF) has approved the disbursement of $1.386 billion under the Rapid Financing Instrument...