SBP raises policy rate to record high of 21% to tackle inflation
LAHORE: The State Bank of Pakistan (SBP) announced on Tuesday that it will raise the policy rate by 100 basis points (bps)...
Pakistan not ready to reap full benefits of CPEC
LAHORE:Â The commander of Lahore corps Lieutenant General Aamer Riaz, stressed the need to remodel institutions in order to get the maximum benefits...
Govt committed to an economically strong Pakistan: Ahsan Iqbal
ISLAMABAD: Minister for Planning, Development and Reform Dr Ahsan Iqbal Wednesday said the government was committed to create an economically strong Pakistan...
Tax evasion, ghost manufacturers baffle FBR
ISLAMABAD: Nearly 200 ghost companies have been found by the tax authorities claiming to be manufacturers but with fictitious addresses that were...
PTEA urges govt to remove major obstacles in export growth
FAISALABAD: The Pakistan Textile Exporters Association (PTEA) has urged the government to immediately remove obstacles affecting export growth. An extreme cash flow...
FDI jumps to 15.6pc, adding $262.5 mn from last year
KARACHI: Foreign Direct Investment (FDI) in the first eight months of 2017-18 amounted to $1.94 billion, up 15.6 per cent or $262.5...
Pakistan’s CPI surges by 3.8% in February 2018
KARACHI: The country’s Consumer Price Index (CPI) which measures average change over time in the prices for a market basket of consumer...
Data Security – issue of morality, business ethics, or inept governance?
In the murky world of numbers and big data, Pakistan, must not lag behind.
CDWP approves 33 projects worth Rs50.5 billion
ISLAMABAD: Central Development Working Party (CDWP) approved 33 projects worth Rs50.5 billion out of which two projects worth Rs22.5 billion were referred...
China voices firm stance on debt control
BEIJING: China is confident of fully forestalling systemic risks, the country's finance minister said on Wednesday, voicing firm stance on debt control.
The...
Rs7.5 bn reimbursed to 149,695 students from underdeveloped districts
ISLAMABAD: Under Prime Minister’s Fee Reimbursement Scheme, an amount of Rs7.5 billion has been reimbursed to around 149,695 students belonging to less...
Weekly inflation rises 0.03 per cent
ISLAMABAD: The Sensitive Price Indicator (SPI) based weekly inflation for the week ended on March 01 for the combined income groups witnessed...
US companies eager to participate in Pakistan’s energy sector: David Hale
ISLAMABAD: The US Ambassador to Pakistan David Hale has said that US companies are eager to participate and compete in the energy...
Board of Investment’s one window operation a pretence, claims leading economist
KARACHI: If you are a foreign investor looking for business opportunities in Pakistan, all you need to do is approach the Board...
FBR urged to withdraw discretionary powers of IR officials: FPCCI
ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) in its proposals being prepared by the Budget Advisory Council under...