Ali Jahangir Siddiqui in hot waters once again as NAB expands investigation

Azgard Nine Limited, JS Global, Swiss Bank Julius Baer and Securities and Exchange Commission all alleged in illegal remittances worth €23.75 million.

Govt revises names for lucrative adviser post to IMF executive director

The newest summary includes the names of Ministry of Finance External Finance Additional Secretary Zafar Hasan, Ministry of National Health Services, Regulations and Coordination Secretary Naveed Kamran Baloch and Punjab Finance Secretary Hamid Yaqoob Sheikh

GDPR sets the benchmark for data protection – What can Pakistan learn?

Over the last couple of weeks, you may have received emails from organisations such as Twitter, Facebook, YouTube, Instagram, TripAdvisor, Medium, Booking.com,...

APBF opposes tight monetary policy, suggests improved governance

Ibrahim Qureshi suggested the government to observe restraint while getting loans from commercial banks and improve governance to ensure 5.4 per cent growth target which has yet to be achieved.

KPMG UK undertaking internal review into its audit of Abraaj: Report

The proximity of ties between top executives at KPMG and Abraaj in Dubai will also come under the scanner

SECP chairman’s appointment challenged in LHC

KARACHI: A petition has been filed in the Lahore High Court (LHC) against the appointment of Shaukat Hussain as chairman Securities and...

Abraaj took out $200 million from buyout fund to finance its own business: Report

U.S private equity firm TPG is in negotiations with investors in Abraaj’s healthcare fund to overtake management of the assets of the $1 billion fund

Pakistan doubles size of currency swap agreement with China: SBP

Pakistan obtained $1.5 billion from China during the first ten months of the current financial year 2018-19.

CDWP approves 24 projects worth Rs19.6bn, refers 12 to ECNEC

ISLAMABAD: The Central Development Working Party (CDWP) has approved 24 projects worth Rs19.6 billion out of which 12 projects worth Rs781.39 billion...

SBP to announce fiscal policy for two months on Friday

ISLAMABAD: The State Bank of Pakistan (SBP) will announce the fiscal policy for next two months on Friday. As per a statement issued...

Pakistan needs 1.3 million new jobs every year: UNDP

The hospitality sector, accommodation and food, directly linked to tourism, accounts for only 1.6 percent of the country’s total employment, said the UNDP report

Pakistan’s growth backed by China’s A1 stable ratings, says Moody’s

Moody’s has reaffirmed Pakistan’s credit profile as B3 stable, while it boasts GDP growth of 5.8 per cent against 3.8 per cent amongst its peers.

FBR unhappy with tax incentives, may take up issue with next government

ISLAMABAD: The Federal Board of Revenue (FBR), which is unhappy over the tax incentives announced by the government in its recently announced...

New export package on the cards

The outgoing government in a bid to please the business community before the general elections is planning to announce another export package ranging from R30 billion to Rs42 billion.

FIA asks FBR to provide records of 1763 confiscated mobile phones

ISLAMABAD: The Federal Investigation Agency (FIA) has asked the Federal Board of Revenue (FBR) to provide records of 1763 confiscated mobile phones...