PTI govt may not be able to finalise 9th NFC award for resource constraints
ISLAMABAD: While the government of Pakistan Tehrik-e-Insaf (PTI) has announced that it has initiated the process of preparing the next National Finance...
Iran’s foreign minister calls on Asad Umar, urges for better relations
LAHORE: The Foreign Minister of Iran Jawad Zarif called on the Federal Minister for Finance, Revenue and Economic Affairs Asad Umar this...
Profitability of fertiliser manufacturers surges by 67pc to Rs8.3bn
KARACHI: Profitability of Pakistan’s fertilizer manufacturers have surged 67 per cent year-on-year (YoY) to Rs8.3 billion in the second quarter 2018, primarily...
Beijing Investment Group visits Pakistan Stock Exchange
KARACHI: A Chinese delegation representing the Beijing Investment Group in association with AKD Securities and He Nan Lv Rui Jin Niu Energy...
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...
SECP’s Shariah Advisory Board approves Murabaha share financing product
ISLAMABAD: The Securities and Exchange Commission of Pakistan's (SECP's) Shariah Advisory Board (SAB) granted its approval to Murabaha share financing product proposed...
Chinese loans to Pakistan account for only 10pc, says China’s foreign ministry
BEIJING: The Chinese Foreign Ministry spokesperson Friday criticising the Western media for its so-called “China debt trap theory”, said that the proportion...
SEZs under CPEC to help in the creation of new jobs: Makhdoom Khusro Bakhtiar
ISLAMABAD: Minister for Planning, Development & Reform, Makhdoom Khusro Bakhtiar has said that development of the Special Economic Zones (SEZs) is the...
Bata Pakistan reports 0.8pc increase in half-yearly profits
Bata Pakistan Limited reported a marginal growth of 0.8% in half-yearly profits during the half year period ended on June 30 2018.
In their...
Pakistan’s foreign reserves stand at $16.685bn
KARACHI: According to data released by the State Bank of Pakistan (SBP), the total liquid foreign reserves held by the country stood...
Profit repatriations on FDI rise to $124mn in July
Repatriation of profits earned on foreign direct investments (FDI) brought into the country have surged to $124.2 million during the first month...
IMC holds 27th dealer conference
KARACHI: Indus Motor Company (IMC) held its 27th Annual Dealer Conference at a local hotel in Karachi. Toyota Motor Asia Pacific President...
NBP announces 46pc after-tax profit in half-yearly results
In a meeting of the Board of Directors (BoD) of National Bank of Pakistan (Bank) which was held on August 30, 2018,...
PML-N govt ostensibly accepted ‘strict’ terms for LNG supply deal with Qatar: sources
ISLAMABAD: Initial scrutiny of the LNG supply deal between Qatar and Pakistan initiated by the incumbent minister for petroleum division Ghulam Sarwar...
ADB organises workshops to promote Pak trade, exports
ISLAMABAD: The Asian Development Bank (ADB) convened consultation
workshops on “The CAREC Integrated Trade Agenda 2030 and Special Economic Zones
Development” here to promote...