PM appeals to overseas Pakistanis to send money via banking channels

KARACHI: Newly elected Prime Minister Imran Khan Sunday appealed to the Pakistanis living abroad to send their money through proper banking channels and invest...

CDNS achieves Rs14 billion target

ISLAMABAD: The Central Directorate of National Savings (CDNS) has achieved Rs14 billion savings till the second month of the first quarter of...

Increased inflow of expats’ remittances attributed to Imran’s victory, Eidul-Azha

ISLAMABAD: Many economic experts in the country attribute the increased flow of remittances from overseas Pakistanis in the month of July to...

Improving economy, living standards main mission for govt: Asad Umar

ISLAMABAD: The nominated Finance Minister Asad Umer has said that improving the living standards of people and the economy is the main...

New government likely to bring structural reforms in FBR

FBR, as per reforms may be separated into two separate bodies 

Power division set to use furnace oil instead of RLNG to generate power

ISLAMABAD: Power Division is all set to increase the use of furnace oil for power generation. As a result, power prices will...

Digital banking moving nation towards paperless economy

ISLAMABAD: The emerging trends of digital transactions offered by various banks vitally contribute towards a more efficient - paperless economy. Cashless transactions are...

Rapid depletion in reserves, unsustainable fiscal deficit hurting economy

ISLAMABAD: The economy is facing a major economic challenge with rapid depletion of foreign reserves and unsustainable fiscal deficit denying the country...

Govt of Sindh to initiate Doing Business Reforms across major departments

KARACHI: The Government of Sindh is implementing the Doing Business (DB) Reforms across different departments, said Sindh Board of Investment (SBI) Chairperson,...

Forex Update: Pakistan’s foreign reserves stand at $16.713bn

KARACHI: According to the State Bank of Pakistan (SBP), the total liquid foreign reserves of the country stand at $16.713 billion. According to...

FDI drops by 45pc in July

ISLAMABAD: Foreign Direct Investments (FDI) coming into the country during the month of July 2018 has fallen down to $188 million, down...

PGPC refuses to clear duty while Customs decides to initiate proceedings: sources

ISLAMABAD: A new controversy has emerged as Pakistan Gas Port Consortium (PGPC) has so far refused to pay customs duty and withholding...

SECP to support foreign companies in expanding investment portfolios in Pakistan

ISLAMABAD: The economic growth of the country is dependent on the inflows of foreign capital from the international corporate sector and the Securities...

Bank of Punjab poses 61pc robust rise in half-yearly profits

LAHORE: A meeting of the Board of Directors of The Bank of Punjab (BOP) was held on 17 August 2018 to consider and...

Weekly inflation falls by 0.41 per cent

ISLAMABAD: Weekly inflation measured by the Sensitivity Price Indicator (SPI) for the week ended August 16, 2018 registered a 0.41 per cent...