FBR nets 55pc more income tax returns over previous tax year
ISLAMABAD: The Federal Board of Revenue (FBR) has registered a landmark 55 per cent increase in the number of Income Tax returns...
IMF to seek ‘absolute transparency’ of Pakistan’s debts in bailout talks
NUSA DUA, INDONESIA: The International Monetary Fund (IMF) launched formal bailout talks with Pakistan on Thursday, and IMF managing director Christine Lagarde...
Asad Umar meets Indonesian counterpart, WB chief in Bali
ISLAMABAD:Â Finance Minister Asad Umar on Wednesday held a number of meetings on the sidelines of the World Bank/IMF Group annual meetings in...
Global financial stability risks rising with trade tensions, IMF says
In the report, the IMF said economic growth appears to have peaked in some major economies while the gap between advanced countries and emerging markets was widening.
Dubai Islamic Bank posts Rs1,853m profit after tax
KARACHI:Â Dubai Islamic Bank Pakistan Limited, a wholly owned subsidiary of Dubai Islamic Bank UAE, in its recent board meeting held in Dubai...
MoF fails to implement WB’s $400m finance management programme
-- Only 20pc of the total fund has been utilized to far
ISLAMABAD:Â As the government is going to introduce reforms in the public...
Govt informs FATF about measures taken against money laundering
Sources shared the APG team voiced its concerns over slow action on high-risk areas like banks, insurance companies, asset management companies and securities
China slashes banks’ reserve requirements as trade war imperils growth
The reserve requirement cut, the fourth by the People’s Bank of China (PBOC) this year, comes as Beijing has pledged to expedite plans to invest billions of dollars in infrastructure projects as the economy shows signs of cooling further, with investment growth slowing to a record low
PayPal’s Xoom offering services for overseas Pakistanis to send donations to dams fund
Overseas Pakistanis can now use Xoom, a money transfer service owned by PayPal to send their donations for the CJ-PM Daimer-Bhasha and...
Asad Umar meets ADB VP, reviews ongoing projects
ISLAMABAD:Â Finance Minister Asad Umar received the visiting Asian Development Bank (ADB) Vice President, Wencai Zhang for a meeting here Thursday.
They had a...
Finance ministry seeks early nominations of NFC members from provinces
ISLAMABAD: The Finance Ministry has called upon provincial governments to reconfirm their nominations of non-statutory members for the National Finance Commission (NFC)...
Pakistan demands advance payment for projects from KSA
The Arab country may invest in the oil city and Special Economic Zones (SEZs) of CPEC for which the Chinese government has no objection,
Pakistan’s forex reserves decrease by $628mn in a week
The State Bank disclosed that its reserves decreased due to payments on account of external debt servicing.
Market Daily: Bears dominate as KSE-100 drops 473 points
LAHORE: It seems like the bulls of the Pakistan Stock Exchange (PSX) have lost their way as bears dominated the market for...
SECP registers 1,070 companies in September
The massive increase in the incorporation of new companies is the result of the SECP’s reforms to enhance the process of new company registration.