Experts point at caretaker govt for keeping mum over critical economic issues
LAHORE: Holding the caretaker government+ accountable for keeping mum over critical economic issues, independent economists point out that developments suggest swift near-term...
Pakistan needs a real plan to prevent economic disaster: PEW
ISLAMABAD: The Pakistan Economy Watch (PEW) on Saturday said the country needs a real plan to avert the looming economic disaster.
At this...
Food exports surge 29.28pc to over $4.797 billion
Wheat exports went up from $1.038 million to $236.339 million, showing growth of 22668 per cent
SBP to increase low cost housing finance portfolio
ISLAMABAD: The State Bank of Pakistan (SBP) has targeted in its newly formulated policy to increase housing finance portfolio of banks and...
Dollar surges to Rs130 in open market
ISLAMABAD: The US dollar touched a record high of Rs130 in the open market on Friday, gaining a further Rs0.30 as it...
DISCOs seek periodical adjustments in consumer-end tariff
ISLAMABAD: Power distribution companies (DISCOs) including IESCO, FESCO and LESCO has sought from the National Electric Power Regulatory Authority (NEPRA) to approve...
Dr Shamshad for improving quality of local products to decrease imports
ISLAMABAD: Caretaker Finance Minister Friday said that improving the quality of local products at par with international standards was imperative to discourage imports into...
China’s tumbling yuan slows as big banks seen selling dollars
The latest bout of yuan weakness, catalyzed by concerns over the brewing China-U.S. trade war and a slowing Chinese economy, has seen the yuan shed 7.6 percent of its value against the dollar since the end of the first quarter of this year
UBL issues clarification against its president being placed on ECL
KARACHI: Recently, a false impression has been created in certain sections of the media that the President and CEO of UBL has...
Foreign reserves plunge to four-year low after 4.4 per cent drop
Foreign currency reserves held by SBP were recorded at $9,063.6 million, down $415.9 million
PBC delegation meets Finance Minister, discusses business policy
ISLAMABAD:Â A delegation of the Pakistan Business Council (PBC) led by Ehsan Malik and Bashir Ali Mohammad met the Finance Minister, Dr Shamshad...
Finance, climate change ministers, highlight causes and impact of urbanisation
ISLAMABAD: In the launching ceremony of the State of Pakistani Cities report under the agenda of 'Role of Cities in National Economic...
Current account deficit widens to $18bn in 2017-18, dollar at Rs128.60 interbank
CAD has jumped by 5.7 per cent of total country’s gross domestic product (GDP) this year.
Large-scale manufacturing industry grows by 6pc
ISLAMABAD: The Large Scale Manufacturing Industries (LSMI) of the country witnessed a growth of 6 per cent during the first eleven months...
Market Daily:Â Ongoing rally sees KSE-100 rake in 2,130 pointsÂ
The Pakistan Stock Exchange (PSX) continued its winning streak as the equity market stretched Wednesday’s rally, gaining 898 points (2.19 per cent) to close the day at 41,796.