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...

SECP Board approves amendments to Companies Act 2017

ISLAMABAD: The Securities and Exchange Commission of Pakistan's (SECP) Policy Board has approved a proposal to amend the company law in order...

FBR urged to restrict retailers from dealing with unregistered manufacturers

LAHORE: The Friends of Economic and Business Reforms (FEBR) has once again appealed the Federal Board of Revenue (FBR) to make it...

US-China trade deal gets tepid reception

US officials announced a truce in the trade war with China with much fanfare, but economists and trade experts call it largely...