FDI jumps to 15.6pc, adding $262.5 mn from last year
KARACHI: Foreign Direct Investment (FDI) in the first eight months of 2017-18 amounted to $1.94 billion, up 15.6 per cent or $262.5...
SECP announces regulations for selection of independent directors
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has announced draft regulations regarding the process and selection of independent directors of companies.
The Companies...
Govt to focus on high growth rate, controlled inflation in next budget: Miftah Ismail
ISLAMABAD: Adviser to Prime Minister on Finance, Miftah Ismail Friday said the government will mainly focus on setting the target for a...
NAB increases scrutiny, seeks proper documentation for major agreements
ISLAMABAD: The National Accountability Bureau (NAB) has asked the central and provincial governments to submit documents worth more than $28 billion of agreements...
Digitalisation to help achieve economic growth target of 6 pc this year: Sindh governor
KARACHI: Pakistan has done a massive job at deploying digital technology which significantly supports the acceleration of economic growth to the set...
FPCCI urges FBR to reduce tax rates to utilise competitive edge of indigenous products
ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has proposed to the Federal Board of Revenue (FBR) to reduce...
Rana Afzal Khan assures businessmen inclusion of their suggestions in budget
ISLAMABAD: Minister of State for Finance Rana Muhammad Afzal Khan has said that the proposals submitted by the business community would be...
Govt not in favour of counter-productive taxation, says Haroon
ISLAMABAD: Special Assistant to Prime Minister on Revenue, Federal Minister Senator Haroon Akhtar Khan has said the government is willing to review...
IMF resident rep calls on Minister of State for Finance
ISLAMABAD: Newly appointed IMF Resident Representative to Pakistan, Maria Teresa Daban Sanchez called on the Minister of State for Finance Rana Muhammad Afzal here on...
Pakistan eyeing to raise another $2.5 billion through bond sale
ISLAMABAD: Pakistan’s State Minister for Finance Rana Afzal Khan said the government may raise the “same” amount of funds from global debt...
ADB to provide $140mn for KP roads improvement project
ISLAMABAD: Economic Affairs Division and Asian Development Bank (ADB) here on Wednesday signed a loan agreement for the provision of $140 million...
NSS mobilises savings worth Rs3.27bn, down 86.4pc
KARACHI: Savings mobilised by the National Savings Schemes (NSS) amounted to Rs3.27 billion in January, down 86.4 per cent from a year ago.
According...
Market Daily: Indices inch upwards, KSE 100 gains 207.14 points
LAHORE: The KSE 100 index continued its northbound journey while disregarding concerns emanating from the unexpected outcome of the hotly contested election for...
Chinese investments in OBOR energy projects fell 28 percent in 2017: Report
LAHORE: Data outed by Boston University’s Global Development Policy Center revealed Chinese investments in One Belt, One Road (OBOR) energy projects fell...
Embattled Abraaj faces another blow as CFO exits
DUBAI: The chief financial officer of Dubai-based Abraaj Holdings said he had left the embattled private equity company.
Two other senior executives are...