Miftah Ismail, SBP governor hint new remittances policy for dollar in forthcoming budget 2018-19

KARACHI: State Bank of Pakistan (SBP) Governor Tariq Bajwa and Adviser to the Prime Minister on Finance Dr Miftah Ismail assured the...

Govt to present Rs5 trillion national budget on Friday

ISLAMABAD: The incumbent government is going to make history by presenting its sixth consecutive federal budget for the year 2018-19, with an...

ECC approves Rs1.733bn Ramzan Relief Package

ISLAMABAD: The Economic Coordination Committee (ECC) has approved a Rs1.733 billion Ramzan Relief Package for 19 daily use items provided by the...

Government to present Economic Survey 2017-18 based on 6 to 8 months data

ISLAMABAD: Unlike the previous surveys, this year the Economic Survey of 2017-18 to be presented on Thursday will be based on highly...

CCP imposes Rs5m penalty on Reliance Paints for price-fixing, downstream cartelisation

KARACHI: The Competition Commission of Pakistan (CCP) has imposed a penalty of Rs5 million on Reliance Paints Pakistan for fixing a minimum...

Market Daily: Investors in dire need of positive triggers, KSE100 sheds 158.36pts

LAHORE: The Pakistan Stock Exchange (PSX) saw a weal session of trading before Economic Survey 2017-18 is unveiled on Thursday. It was...

Earnings season at PSX fails to spark investor interest

LAHORE: Earnings season at the Pakistan Stock Exchange (PSX) has somewhat failed to spark investor interest mainly on the back of political...

One in five financial institutions consider cryptocurrency trading, survey says

LONDON: One in five financial institutions is considering trading cryptocurrencies within the next 12 months, a survey published by an international news agency...

Industrial sector grows at 5.8pc in FY2018

ISLAMABAD: The industrial sector of the country is projected to grow at 5.8 per cent during the current fiscal year 2017-18 against...

Taxation system needs a serious overhaul: ACCA

ISLAMABAD: Giving its proposals for the next budget, Association of Chartered Certified Accountants (ACCA) has identified that the taxation system in Pakistan...

Market Daily: Earnings season fails to impress investors

LAHORE: The Pakistan Stock Exchange (PSX) opened the week with weak sentiments ahead of the soon to be announced Federal Budget 2019....

Pak-Qatar Takaful Group posts net profit of Rs133mn

KARACHI: Pak-Qatar Takaful Group has registered an immense growth during the preceding year with an aggregate turnover of around Rs9 billion. The...

Remittances into Pakistan stagnant throughout 2017, says World Bank

LAHORE: Remittances into Pakistan remained almost flat for 2017, fueled by notable decreases in inflows from Saudi Arabia (the biggest remittance source) by...

Budget is being prepared to trap next government in financial difficulties: experts 

ISLAMABAD: As the government is likely to announce increased PSDP, salaries, subsidies and other incentives in the next budget despite the double...

Miftah meets WB CEO, apprises regarding 75 reforms implemented by Pakistan

ISLAMABAD: Pakistan delegation led by Adviser to Prime Minister on Finance, Revenue and Economic Affairs Dr Miftah Ismail participated in the IMF,...