Pakistani exporters irked as Indonesia delays import quota
ISLAMABAD:Â As Indonesia delays the issuance of import quota for Pakistan, exporters have expressed concern over the unequal trade relationship between the two...
Hit by power shocks, APTMA seeks PM’s attention
APTMA official says add-ons to regionally competitive energy price will make Pakistani exports uncompetitive in global textile market
Donald Trump all praise for ‘momentous’ US-China trade deal
WASHINGTON: President Donald Trump has ended two years of escalating trade battles with China, with a partial agreement to resolve some areas...
Pakistan to blame if FTA-II with China fails, Dawood says
ISLAMABAD: Adviser to Prime Minister on Commerce Abdul Razak Dawood on Wednesday lauded the unilateral tariff relaxation given by China under the...
SBP imposes Rs219m fine on five commercial banks
KARACHI: The State Bank of Pakistan (SBP) has imposed a cumulative fine worth Rs219.136 million on five commercial banks for violating its...
Govt devising policy for revival of sick industrial units: PM Imran
ISLAMABAD: Prime Minister Imran Khan has said the government would soon unveil a comprehensive policy to revive the sick industrial units to...
Cabinet to allow high-rise constructions in four major cities
ISLAMABAD:Â The federal cabinet is likely to give permission for the construction of high-rise buildings in four major cities, in compliance with international...
Govt optimistic of achieving $24bn remittance target in FY20
ISLAMABAD:Â The growth in foreign remittances, which soared to $11.4 billion during the July-December period of FY20, is likely to continue for the...
Fitch affirms Pakistan at ‘B-‘ with stable outlook
LAHORE:Â International credit rating agency Fitch Ratings has affirmed Pakistan's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'B-' with a 'Stable Outlook'.
In a...
FBR’s poor performance angers Hafeez Sheikh
ISLAMABAD: Adviser to the Prime Minister on Finance Dr Abdul Hafeez Sheikh is not happy with the performance of the Federal Board...
The radical solution to Pakistan’s slowing economy: print more money. Simple!
At first glance, there is not much that unites Stephanie Kelton and Asad Zaman. One is hyper-American – the kind of fast...
Habib Metropolitan: the proudly old-fashioned bank
Habib Metropolitan Bank has one of the fastest growing deposit bases among middle market banks in Pakistan, a branch network that has...
The death of Maggi noodles
It is an iconic brand. At least two generations of Pakistanis have grown up with it. But Maggi noodles – the brand...
Six-month remittances hit $11.394bn in July-December
KARACHI: The State Bank of Pakistan has reported that remittances from overseas Pakistani workers jacked up 3.31 percent to $11.394 billion in...
SBP may revise policy rate downwards by end-Jan, claims govt’s finance team
ISLAMABAD:The government's economic team has informed the federal cabinet that the policy rate, which is currently at 13.25pc, may witness a downward...