Pakistan granted ‘Guest of Honour’ status at International Import Expo in China
BEIJING: The Chinese government has granted the status of “Guest of Honor” to Pakistan at the China International Import Expo (CIIE) to be...
Net foreign selling declines by 20pc
KARACHI: Foreign investors were seen to be net sellers in the capital markets for the week ending August 17, 2018, but with...
CAA reaches out to FIA amid fears Shaheen airline owners may flee after tax fraud
KARACHI: The Civil Aviation Authority (CAA) has urged the Federal Investigation Agency (FIA) to take action against the owners of the Shaheen Air International...
Credit Suisse named Pakistan’s best investment bank by FinanceAsia, Euromoney
Credit Suisse has announced that it has been named Pakistan’s Best International Investment Bank by FinanceAsia in its 2018 Country Awards for...
Best Corporate and Sustainability Report 2017 Awards organised by ICAP, ICMAP
KARACHI: The Institute of Chartered Accountants of Pakistan (ICAP) and Institute of Cost and Management Accountant of Pakistan (ICMAP) organised the much-anticipated event of...
Pakistan borrows $439.17m in July to maintain foreign reserves
ISLAMABAD: Pakistan has borrowed $439.17 million in the first month of the current fiscal year to keep its foreign reserves above the two...
Asad Umar says depleting foreign reserves most pressing economic problem
Finance minister denies reports of change in currency notes
ECC to take up circular debt, impact on power sector in first meeting
ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet will take up the matter of circular debt and its impact on the...
Market Daily: PSX off to a positive start as market gains 157 points
LAHORE: The Pakistan Stock Exchange (PSX) started the week on a positive note. The indices moved uphill from the word go and...
Urea inventory falls to five year low as crisis looms
LAHORE: Pakistan’s urea inventory was recorded at 86,155 tons at the end of July this year, reaching a five‐year low of around 105,000...
Senate body to consider modalities for implementing special tax relief regimes
ISLAMABAD: The Senate Standing Committee on Finance, Revenue and Economic Affairs is all set to consider the issues of modalities for implementation...
New digital exchange seeks to host Islamic finance startups
OneGram also plans to list its own sharia-compliant cryptocurrency on the exchange by mid-September
Emerging market fund managers hunt for bargains after Turkey contagion
The selloff in emerging markets gathered momentum after U.S. President Donald Trump in March signed a memorandum targeting up to $60 billion in Chinese goods with tariffs, triggering fears of a global trade war
‘Amazon effect’ could have impact on inflation dynamics: paper
More frequent price changes for goods and a rise in the consistency of pricing due to the growth of online retailers may...
Much detail, little progress in US-China talks, sources say
BEIJING/WASHINGTON: U.S-China trade talks this week were heavy on details but short on progress as US negotiators outlined cases of American firms harmed...