PIA plane seized by Malaysian authorities over UK court case
ISLAMABAD/KUALA LUMPUR: A Pakistan International Airlines plane has been held back by Malaysian authorities due to a British court case over the...
Moody’s maintains stable outlook for Pakistan banks
'Despite a difficult environment, the govt's credit profile is stable due to ongoing reforms and increasing policy effectiveness'
Big industry expands 14.5pc in November 2020
ISLAMABAD: Large Scale Manufacturing (LSM) in Pakistan grew by 14.5 per cent in November 2020 as compared to the same month in...
PM launches Pakistan’s first instant digital payment system
'SBP's Raast initiative will help boost formal economy, ensure financial inclusion of women, and eradicate poverty from the country'
‘Good news’ soon for markets about restarting IMF programme: SBP governor
ISLAMABAD: State Bank of Pakistan (SBP) Governor Reza Baqir has said that Pakistan is in talks with the International Monetary Fund (IMF)...
FBR to launch crackdown against sale of smuggled oil today
ISLAMABAD: The Federal Board of Revenue (FBR) will launch a crackdown against the sale of smuggled petroleum products across the country from...
PM lauds taxpayers as collections surpass Rs2,205bn in H1FY21
Prime Minister (PM) Imran Khan has lauded taxpayers as tax collections surpassed Rs2,205 billion during the first half of the current fiscal...
PM Imran lauds diaspora for remitting over $2bn for 6th straight month
'Remittances surge 25pc YoY during July-Dec FY21, highest half-year growth in 14 years'
Pakistan’s trade deficit widens 32pc to $2.68bn in December
Exports rise 18.3pc to $2.35bn, whereas imports surge 25.2pc to $5.03bn in December 2020
ECC approves removal of additional customs duties on 152 tariff lines
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday gave a go-ahead to remove 2pc additional customs' duties on 152...
World Bank forecasts Pakistan’s growth rate at 0.5pc in FY21
--Containment measures, impact of pre-pandemic monetary and fiscal tightening cited as key reasons for restrained growth in Pakistan
--Global economic prospects report stresses...
Tencent-backed Kuaishou Tech coming to Pakistan
KARACHI: With Sensor Tower ranking SnackVideo in the top ten Google Play Store apps in the “Video Players & Editors” for Pakistan...
PM orders crackdown against sale of smuggled oil products
Says independent working of institutions benefit nation; terms accountability crucial for civilised society
Govt offers to clear outstanding dues of IPPs
ISLAMABAD: The government has offered to release Rs450 billion to clear outstanding bills of the Independent Power Producers (IPPs) in a bid...
Hafeez stresses on reviewing pay, pension mechanism
ISLAMABAD: Federal Minister for Finance and Revenue Dr Abdul Hafeez Sheikh has emphasised on the importance of reviewing the existing pay and...