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
Inflation set to trigger June onwards, experts believe
LAHORE:Â Three major trigger points are likely to push the June Consumer Price Index (CPI) that is expected to pick up the pace...
Finance ministry reviews matters related to FATF meetings
ISLAMABAD: The Finance Minister, Dr Shamshad Akhtar, in the wake of Financial Action Task Force (FATF) Plenary meeting in Paris, here on Friday chaired a meeting...
Pakistan to start receiving information on offshore accounts in SeptemberÂ
ISLAMABAD:Â Pakistan is poised to receive information about offshore financial accounts in September 2018. This was stated by the spokesperson and member policy...
PSX arranges briefing on tax amnesty
KARACHI: The Pakistan Stock Exchange (PSX) Limited Friday arranged a briefing on tax amnesty for its TRE certificate holders and market participants.
The panellists on...
Leather goods exports up by 7.99pc
ISLAMABAD: The export of leather goods from Pakistan increased by 7.99 per cent during first 11 months of the fiscal year 2017-18...
Pakistan’s liquid foreign reserves increase
KARACHI: The State Bank of Pakistan (SBP) here Thursday said the total liquid foreign reserves held by the country stood at $16,798.0...
JS Global arranges Pakistan Investment Conference 2018 in Washington, New York
KARACHI: JS Global Capital Limited has taken the lead in presenting Pakistan’s economic growth story to international investors by organising the Pakistan...
NetSol closes UK subsidiary amid ‘unfeasible’ operating, net margins
LAHORE: NetSol Technologies Limited, which is one of the biggest software/IT outsourcing companies in the country, in a letter issued today to...
Arif Naqvi in a message to friends & employees shares his experiences at Abraaj
The turmoil-filled months for Arif Naqvi, the founder of Abraaj Group has resulted in ignominy for a person who once heralded forums like the World Economic Forum and built the company into the largest private equity house in the Middle East and North Africa
Abraaj sells LATAM, Africa businesses to Colony Capital
The sale is part of a provisional liquidation and restructuring as set out in a court order. Financial terms of the deal were not disclosed
Air Arabia has $336 million overall exposure to Abraaj
DUBAI: Air Arabia has an overall exposure of $336 million to embattled Dubai-based private equity firm Abraaj, it said in a statement...
Pakistan’s ratings drop to B3 negative, MoF attempts to soften the blow
Moody's changes outlook on Pakistan's rating to negative from stable; B3 rating affirmed