Dar chairs meeting to review country’s state of economy
ISLAMABAD
Finance Minister, Senator Mohammad Ishaq Dar, chaired a meeting at the ministry of finance on Monday, to review the external account position,...
Market daily: bears drag PSX close to 42,000pts
LAHORE
Bears held their grip over the Pakistan Stock Exchange (PSX) in the first trading session of the week. Having hit hard by...
No foreign loans obtained in August by govt, says: Finance Ministry
Islamabad: According to sources in Ministry of Finance, Pakistan hadn’t obtained any commercial foreign loan loans since Prime Minister Shahid Khaqan Abbasi...
FBR denies withholding sales tax refunds
ISLAMABAD
Federal Board of Revenue (FBR) has denied reports which claimed that the online transfer of Rs 23 billion sales tax refund to...
Bank Alfalah posts PBT of Rs8.47bn, EPS of Rs3.04
KARACHI
The Board of Directors of Bank Alfalah Limited approved the bank’s half yearly, unaudited financial statements, for the period ended June 30,...
Low investor confidence: KSE-100 falls to 43,000pts level
Red overshadows THE Trade Screen
LAHORE
The Pakistan Stock Exchange (PSX) resumed trading after the long weekend with weak sentiments. Low investor confidence was...
Finance Division spokesman declines news reports on WB’s loan rejection
ISLAMABAD
A section of the press on August 11, 2017, carried a news report titled, ‘WB links loans to liberal foreign exchange policy’...
Market daily: PSX remains dependent on political temperatures on Independence Day
LAHORE
The Pakistan Stock Exchange (PSX) remained at a death of volumes on the last trading session of the week. Investors remained on...
SBP, govt support essential for promotion of Islamic Banking: NBP president
KARACHI
As a part of the awareness drive for Islamic Banking and Finance, a seminar was organised recently at a local hotel in...
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...
FBR releases Rs26.43billion tax refund claims of exporters
ISLAMABAD
Finance Minister Ishaq Dar, with the push of a computer button on Tuesday, electronically transferred Rs 26.43 billion worth of tax refunds...
Increase in DC rate, new taxes perturb realtors
LAHORE
The increase in deputy commissioner (DC) rate and new taxes have perturbed the real estate agents.
Real State Association and Defence Housing Authority...
MSCI Pakistan promotion to result in more cash inflows says: WSJ
NEW YORK - Index provider Morgan Stanley Capital International’s (MSCI) recent reclassification of Pakistan as an emerging market from frontier market status...
NBP to receive preparatory license to open branch in China
BEIJING
The National Bank of Pakistan (NBP) will be granted a preparatory license by the Chinese government to establish a branch in the...
Dar announces reduction in petrol, diesel prices
ISLAMABAD
A day after resuming the ministry, Finance Minister, Senator Mohammad Ishaq Dar here on Saturday announced reduction in prices of petrol and...