SBP reserves up $9m to $8,28bn
The foreign exchange reserves held by the State Bank of Pakistan increased 0.11pc on a weekly basis, according to data released by...
Pakistan’s forex reserves vulnerable to external threats: Moody’s
Pakistan's foreign exchange reserves continue to remain vulnerable of external pressures, while liquidity risks also remain high, said Moody’s in a periodic...
FBR officials directed to record all interactions during market visits
ISLAMABAD: Prime Minister Imran Khan on Thursday directed the Federal Board of Revenue (FBR) officials to ensure on-the-spot recording of all official interactions...
Govt committed to reviving sick textile units: Dawood
ISLAMABAD: Adviser to Prime Minister on Commerce Abdul Razak Dawood said on Thursday that the government was taking all possible measures to attract...
Apple places $7bn in return to bond market
Apple Inc said on Thursday it had sold $7 billion of bonds at yields ranging up to 103 basis points over the...
Pakistan, Saudi Arabia review progress on energy MoUs
ISLAMABAD: Pakistan and Saudi Arabia have reviewed the progress made on existing memorandums of understanding (MoUs) in the energy sector and discussed...
Economy out of the woods, PM’s aide tells foreign investors
ISLAMABAD: Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh has said that the government has overcome the immediate challenges...
China, US to hold trade talks in Oct
BEIJING/WASHINGTON: China and the United States on Thursday agreed to hold high-level talks in early October in Washington, boosting markets as investors hoped...
Macroeconomic imbalances hampered financial sector growth in 2018: SBP
KARACHI: The State Bank of Pakistan (SBP) on Thursday issued its flagship annual publication, Financial Stability Review (FSR), for the calendar year 2018.
The...
Govt assures cotton growers of fair prices
ISLAMABAD: Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh said on Thursday that there was an unprecedented focus on...
Govt launches Rs2.35bn Swat fish farming project
ISLAMABAD: National Food Security & Research Minister Sahibzada Muhammad Mehboob Sultan on Thursday inaugurated the Rs2.35 billion 'Trout Fish Farming Programme' under...
KSE-100 falls flat amid volatility
KARACHI: Bulls of the Pakistan Stock Exchange (PSX) failed to sustain their control on Thursday, as the indices took a U-turn in the...
Audit report invalidates PIA’s claims of increase in revenue
KARACHI: Despite under obligation to publicly declare its quarterly and annual financial reports, Pakistan International Airlines (PIA) had not declared its financial details...
Pakistan Raises Revenue Project draws planning ministry’s ire
ISLAMABAD: The Ministry of Planning and Development and Reforms has raised various objections over the PC-I of a World Bank-funded project, which...
HACPL launches 10th generation Honda Accord in Pakistan
Honda Atlas Cars Pakistan Limited (HACPL) has launched the All-new Honda Accord, one of the high-end models that have received an excellent...