SBP governor says good times ahead as tough decisions bearing fruit
State Bank of Pakistan Governor Reza Baqir has said that “the tough part” regarding fluctuations in the exchange rate and inflation adjustments...
OGDCL begins shale gas drilling operations
The Oil and Gas Development Company Limited (OGDCL) recently commenced drilling operations for first Shale Gas Well, KUC-1, in Hyderabad, Sindh.
OGDCL has...
Deadline to file income tax returns extended till 31st
ISLAMABAD: In order to facilitate the taxpayers, the Federal Board of Revenue (FBR) has extended the deadline to file income tax returns...
Finance adviser can’t chair NFC meeting, clarifies law ministry
MoF may now consult all four governors to make Dr Hafeez Shaikh an NFC member
PFMA slapped with Rs75m fine for ‘manipulating flour prices’
ISLAMABAD: The Competition Commission of Pakistan (CCP) has imposed Rs75 million fine on the Pakistan Flour Mills Association (PFMA) for being involved in...
Oil prices near three-month highs on US-China trade deal
LONDON: Oil prices on Monday held near three-month highs, supported by last week’s announcement that an initial trade deal had been reached between...
Carrefour Pakistan enters into strategic partnership with Daraz
The alliance will enable Daraz’s online shoppers to shop from over 3,000 products offered by Majid Al Futtaim’s Carrefour stores
WB to provide $700m additional financing for Dasu Hydropower Project
The World Bank will provide $700 million additional financing for Dasu Hydropower Project’s transmission line, a private media outlet reported on Monday.
World...
Bulls maintain control as KSE-100 gains 728 points
KARACHI: Bulls controlled the Pakistan Stock Exchange (PSX) on the first trading session of the week, as the indices headed north right from...
Foreign investment in Pakistan debt markets should be seen positively: SBP
KARACHI: The increase in investment by foreign investors in debt instruments is an encouraging sign for the Pakistani economy, the State Bank of...
Pakistan named No.1 travel destination for 2020
Pakistan was on Saturday named the top holiday destination for travellers for the year 2020 by the United States-based luxury and lifestyle...
Telcos come under fire on reissuing dormant numbers to new owners as JazzCash reaches 7m users
ISLAMABAD: JazzCash has announced that its active user base has exceeded the 7-million mark, making it the market leader for the third consecutive...
Dawood sees ‘surge’ in exports as reason behind economic growth
FAISALABAD: Adviser to Prime Minister on Commerce Abdul Razaq Dawood on Saturday expressed satisfaction on the government's policies, saying that increase in...
RCCI raises concerns over business centre raids
The Rawalpindi Chamber of Commerce and Industry (RCCI) has expressed its deep concern over business centres being raided in the city, calling...
China to target around 6pc growth in 2020, step up state spending
BEIJING: China plans to set a lower economic growth target of around 6pc in 2020 from this year's 6-6.5pc, relying on increased...