Forget policy rate cut: is a hike likely?

As most research houses predict an unchanged interest rate, few individuals see a possible hike

US, China, UK top three destinations of Pakistani exports

ISLAMABAD: The United States remained the top export destinations of the Pakistani products during first half of current financial year (2019-20), followed...

Board to ensure implementation of AML/CFT rules in savings schemes

ISLAMABAD: In a bid to comply with the requirements of the Financial Action Task Force (FATF), the government has constituted a five-member...

Pakistan expected to stay on FATF grey list for 6 more months

DUBAI: Pakistan may stay on the 'Grey List' of the Financial Action Task Force (FATF) next month despite active support of its...

‘Five new airplanes to be added to PIA’s fleet this year’

LAHORE: Aviation Minister Ghulam Sarwar Khan said on Saturday that under the new 'Aviation Policy', five new airplanes were being added to...

Five dry ports to be restored by March: Sh Rasheed

LAHORE: Railways Minister Sheikh Rasheed Ahmad said on Saturday that five closed dry ports would be restored by 1st March to facilitate traders...

OICCI welcomes UK upgrading travel advisory to Pakistan

ISLAMABAD: The Managing Committee of the Overseas Investors Chamber of Commerce and Industry (OICCI) has welcomed the travel advisory to Pakistan issued by...

Pakistan imports 24,300 tonnes of cotton yarn in six months

Govt urged to help farmers increase cotton production area and per-acre yield 

Premature to speculate on FATF decision, says minister

Economic Affairs Minister Hammad Azhar, who led the Pakistani delegation during the three-day talks with the Financial Action Task Force (FATF) in...

Garment exports surge 12.8pc in 1HFY20

ISLAMABAD: The export of readymade garments during the first half of the current financial year witnessed an increase of 12.08pc as compared to...

‘200-acre furniture city to be developed soon’

ISLAMABAD: Faisalabad Industrial Estate Development and Management Company (FIEDMC) Chairman Mian Kashif Ashfaq said on Saturday that the government would fully exploit the...

Weekly inflation drops 0.4pc

ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation (as on January 23) for the combined consumption group decreased by 0.40pc as compared to...

‘Preemptive action’: Interest rate likely to remain unchanged

Analysts say policy rates will be lowered once currency stabilises, exports recover and inflation recedes to a single-digit

Explainer: Why Transparency International Corruption Perception Index 2019 is not representative of PTI govt

Much has been made about Transparency International’s (TI) Corruption Perception Index (CPI) Report 2019 that has reduced Pakistan's score from 33 to...

FBR launches fresh drive against tax evaders, money launderers 

ISLAMABAD: In a bid to comply with FATF requirements vis-a-vis money laundering, the Federal Board of Revenue (FBR) has launched a countrywide...