Pakistan doesn’t have enough foreign reserves to pay debts: Moody’s

Pakistan needs $12 billion to meet its external financing needs till June 2019 Pakistan will need far more dollars in its reserves...

PM calls for effective measures to address business constraints in Sindh

ISLAMABAD: Prime Minister Imran Khan has emphasized the need for greater focus on addressing issues related to ease of doing business in Sindh,...

PM sacks SNGPL, SSGC managing directors over gas crisis: Fawad Ch

Info minister says PM had constituted an inquiry committee to ascertain the reason of gas shortage Prime Minister Imran Khan on Wednesday...

SECP warns public against investing in Fine Sarmayakari Company

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has warned the public against investing in a fake entity, Fine Sarmayakari Company, which...

Chinese firm eager to explore hydrocarbon resources of Pakistan

ISLAMABAD: Sichuan Chuanzhong Gas Investment Company, a major gas sector group from China, has expressed willingness to invest in Pakistan for exploration and...

Assets of banned outfits frozen, Pakistan tells FATF

A Pakistani delegation on Tuesday told the Financial Action Task Force’s (FATF) Asia Pacific Group (APG) that the bank accounts and assets...

Commercial Bank of Dubai to take control of Abraaj assets secured against loan

Stakes in Abraaj’s Infrastructure and Growth Capital Fund, as well as its funds focused on Turkey, Latin America, North Africa, Africa and health, were held as security against CBD’s loans, a joint provisional liquidators’ report from July shows

Tax dept’s justification on declining tobacco revenue rejected

ISLAMABAD: A special committee has rejected the tax department's briefing on a matter pertaining to the decline of Rs60 billion in revenue from the tobacco...

Govt places immediate ban on furnace oil imports

ISLAMABAD: The government has notified an immediate ban on the import of furnace oil and ordered all refineries to utilise billions of rupees...

Japanese businessmen apprised of Pakistan’s investor-friendly policies

KARACHI: Pakistan Japan Business Forum (PJBF) took a business delegation, comprising several business groups and small & medium enterprises (SMEs), to the 8th...

Pakistan, Japan agree to enhance trade ties

ISLAMABAD: Japanese Ambassador to Pakistan Takashi Kurai paid a farewell call on Adviser to Prime Minister on Commerce Abdul Razak Dawood on Monday...

Govt targets 5.8pc growth rate in 12th Five-Year Plan

ISLAMABAD: The 12th Five-Year Plan, drafted by the previous government of Pakistan Muslim League-Nawaz (PML-N), is all set to be launched with a projection...

Minister calls for stringent measures to curb profiteering, hoarding

ISLAMABAD: Planning Minister Makhdoom Khusro Bakhtiar, while chairing a presentation by the Statistics Division in Islamabad on Monday, has said that the government...

Southeast Asia wary of China’s Belt and Road project, skeptical of US, reveals survey

SINGAPORE: Southeast Asian countries should be cautious in negotiating with China on its flagship Belt and Road Initiative (BRI) to avoid being...

Weakness in China economy gives Beijing incentive for trade deal, says Trump

WASHINGTON: US President Donald Trump said on Sunday that trade talks with China were going very well and that weakness in the...