Manifestos of major political parties lack immediate solution to economic issues
ISLAMABAD: Though the political parties realise the grave economic situation of the country, they have not shared their strategy of dealing with the...
Japanese foreign minister for ‘Naya Pakistan-Japan’ relationship
ISLAMABAD: The Japanese State Minister for Foreign Affairs Kazuyuki Nakane conveyed his best wishes to the incumbent Finance Minister Asad Umar on...
PSX gains 442 points amid revived investor sentiment
Market rebounded after economic reassurance from Finance Minister Asad UmarÂ
KARACHI:Â In a battle between bulls and bears, the former emerged victorious at...
Ministry of Finance reviews budget preparations
ISLAMABAD: Adviser to Prime Minister on Finance, Miftah Ismail here on Sunday chaired a meeting to review the activities related to preparation of Budget...
ICCI concerned over 50 percent rise in external debt
Pakistan's external debt and liabilities have soared to a record level of $91.8 billion as per SBP’s latest report showing an increase of over 50 per cent.
SECP notifies FATF compliant AML, CFT regulations
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) notified the Anti Money Laundering and Countering Financing of Terrorism Regulations, 2018. The...
Pak Suzuki Motors declares Rs394m profits in Q2FY18
KARACHI: Pak Suzuki Motor Company (PSMC) Tuesday declared a profit of Rs394 million in Q2FY18 despite price increases as well as the volumetric growth...
CPEC to turn Pakistan into a great investment destination: LCCI
LAHORE: China-Pakistan Economic Corridor (CPEC) project is bound to turn Pakistan into a great investment destination and it would start a new...
PSX sinks further amid economic uncertainty, sheds 596 points
KARACHI:Â Bears took charge of the Pakistan Stock Exchange (PSX) once again on Wednesday, as indices continued to sink further amid lack of...
ICI Pakistan’s consolidated profit after tax increases 124pc
The ICI Pakistan Limited's Board of Directors has announced the company’s financial results for the six-month period ending December 31, 2019.
On a...
Market daily: KSE-100 crosses 43,000 intraday
LAHORE
The Pakistan Stock Exchange (PSX) after a relatively smooth first session looked shaky in the second session. With noise in the political...
Economic Survey 2017-18: Private sector loans grew to Rs4.3 trillion in 2017-18
KARACHI: Outstanding loans to private-sector businesses grew 8.7 per cent or Rs344.8 billion in the first eight months of 2017-18 to Rs4.3...
Senate presents 77 recommendations to NA over Budget 2018-19
The Senate on Wednesday recommended some 77 proposals to the National Assembly including the increase in petroleum development levy which may be restricted to an increase of 25 per cent over the existing rates, along with tax rates on individuals to be increased.
Pakistani owners of UK properties served FBR notices
ISLAMABAD: Starting Monday, the Federal Board of Revenue (FBR) commences issuing notices to the Pakistanis who were known to have purchased various properties...
Appointment of FMU DG a herculean task as country faces FATF grey list challenge
ISLAMABAD: It could be a daunting task for the government to appoint the new Director General (DG) of Financial Management Unit (FMU),...