Economists urge avoiding IMF, focus on amnesty as FATF puts Pak on grey list
ISLAMABAD: Despite concentrated efforts to avoid the inclusion, Pakistan has officially been placed on the Financial Action Task Force (FATF) 'grey list'Â on...
Indus Motor (Toyota) increases car prices yet again
Following the third round of rupee depreciation, Indus Motor Company, which makes Toyota vehicles in the country, has increased its vehicle prices for the...
Euro slips as trade war fears lead investors to shun risk; yuan slides
The euro fell on Wednesday as concern about an escalating trade conflict boosted the dollar and the yen, while the Chinese yuan slumped to a six-month low.
Profit rates on national saving schemes likely to rise on July 1
KARACHI: The profit rates are likely to be increased by half per cent on different national saving schemes.
As per sources, The National...
Market Daily: Equity market registers another day of gains, rising by 472 pts
LAHORE: For a change, market bulls stepped up their game in Wednesday’s session and took inspiration from a buoyant close yesterday to...
Banks to observe extended working hours on June 29, 30 to collect taxes
LAHORE: All field offices of the Federal Board of Revenue (FBR) will remain open and observe extended working hours till 8:00 pm on...
Punjab caretaker cabinet resolves to work with local business community
LAHORE: In a rare interaction with the private sector, the Punjab Cabinet on Tuesday expressed the resolve to work hand in hand with the...
Trade at Sost resumes as army intervenes, suspends WeBOC system
Bilateral trade was suspended since 85 days following traders’ protest against WeBOC system
Local media urged to remove negative misconceptions about CPEC
ISLAMABAD: As the government has failed to remove many misconceptions about the multibillion-dollar project - the China Pakistan Economic Corridor (CPEC), the...
Looming FATF meetings spark debate on Pakistan’s possible inclusion in ‘grey list
KARACHI: The Financial Action Task Force's (FATF's) committee may put the country’s transactions on its grey list, but the decision is not...
Market Daily: KSE 100 drops below 41,000 mark
--PSX has been taken by a storm taking cumulative losses to -6.2 per cent in 4 sessions. Concerns on economy, politics, FATF deliberations, Moody's downgrade, heavy foreign selling in the outgoing week and technical breakdown have left investors cautious.
China’s central bank to reduce reserve requirement
BEIJING: China’s central bank announced Sunday it would reduce the reserve requirement ratio (RRR) for most banks by 50 basis points to...
SBP unveils procedures for investment in amnesty bonds as scheme lags behind targetÂ
ISLAMABAD: The outgoing government's dream to collect three to four billion dollars through the amnesty scheme seems to have shattered as only...
PSDP releases Rs1,054,249m for Food Security, Research
ISLAMABAD: The government has released Rs1054.249 million under its Public Sector Development Programme (PSDP) 2017-18 as compared the total allocation of Rs1615.669...
Amnesty Scheme 2018: New legislation worldwide to result in confiscation of foreign funds, warns FBR chief
ederal Board of Revenue (FBR) Chairman Tariq Mehmood Pasha, while highlighting the problems likely to be faced if anyone chooses not to declare foreign assets under Amnesty Scheme