Fitch affirms Pakistan at ‘B-‘ with stable outlook

LAHORE: International credit rating agency Fitch Ratings has affirmed Pakistan's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'B-' with a 'Stable Outlook'. In a...

Exports, imports suffer heavily as cargo transporters’ strike continues

KARACHI: Imports and exports have fallen heavily as angry cargo and goods transporters have continued their strike for 8th day against axle...

Investment in country increased by 78%, claims Minister Hammad Azhar 

LAHORE: Minister for Economic Affairs, Hammad Azhar has said that investment in the country has increased by 78 percent due to the...

FBR’s poor performance angers Hafeez Sheikh

ISLAMABAD: Adviser to the Prime Minister on Finance Dr Abdul Hafeez Sheikh is not happy with the performance of the Federal Board...

Additional Rs209 billion collected in first 5 months: FBR

ISLAMABAD: The Federal Board of Revenue (FBR) says it collected additional Rs209 billion during the first five months of this fiscal year...

Malaysian minister assures full cooperation to promote bilateral trade

KARACHI: Malaysian Minister for Primary Industries Teresa Kok Suh Sim has assured the Pakistani business community of all possible cooperation for the...

Tight monetary policy will reduce inflation: SBP governor  

KARACHI: State Bank of Pakistan (SBP) Governor Reza Baqir has said that the current tight monetary policy stance is appropriate to help...

Transporters’ strike to end soon as talks underway: Dawood

KARACHI: Adviser to Prime Minister on Commerce Abdul Razak Dawood said on Saturday that talks were underway with the protesting goods' transporters and...

FBR finds about 10,000 people involved in tax evasion, money laundering

ISLAMABAD: The Federal Board of Revenue (FBR) has found about 10,000 people  allegedly involved in tax evasion and money laundering. The bureau is...

SECP launches one-stop-shop in Balochistan, Khyber Pakhtunkhwa

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) will extend its one-stop Shop (OSS) facility for company registration to Balochistan and...

10 banks sign deal to create Pakistan Corporate Restructuring Company

KARACHI: In a bid to revive sick industrial units,10 banks of the country signed an agreement to establish Pakistan Corporate Restructuring Company...

Govt to accelerate work on CPEC projects in 2020

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Asad Umar has said that the pace of projects under the China Pakistan...

Bank Alfalah clinches Best Bank Award for 2019

KARACHI: Bank Alfalah clinched the Best Bank Award for 2019 at the 4th Pakistan Banking Awards ceremony held in Karachi the other...

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...

SECP, ADB hold workshop on financial market development

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) and Asian Development Bank (ADB) jointly organised a stakeholder workshop on Financial Market Development...