PM meets World Bank president, acting IMF chief in Washington

IMF's David Lipton urges PM to mobilise domestic tax revenue in order to ensure available funds for social programmes Prime Minister Imran...

PM urged to strike preferential trade deal with US

'US should compensate to some extent the huge economic losses incurred by Pakistan post 9/11' ISLAMABAD: The Islamabad Chamber of Commerce and Industry...

Italian, Chinese majors vie in Pakistan’s mega LNG tender

LONDON/SINGAPORE: Italian oil major Eni, China’s overseas energy unit PetroChina and two trading houses are vying to supply liquefied natural gas (LNG)...

Govt increases fertiliser prices by Rs10 per bag

Razaq Dawood says govt withstood the pressure from fertiliser industry and only made a nominal hike Says in order to facilitate...

PM Imran says won’t give in to traders’ pressure

'If we all pay taxes regularly, we will have enough money to pull the country out of the quicksand of loans' ...

‘Huawei to invest $100m in Pakistan this year’

Huawei vice president says his company will set up a technical support centre in Islamabad to create job opportunities for young...

SBP raises interest rate by 100bps to 13.25pc

--SBP governor says decision taken keeping in view upside inflationary pressures from exchange rate depreciation KARACHI: The State Bank of Pakistan...

SBP calls for deep-rooted structural reforms to ensure economic stability

--'Govt's policy measures affected the performance of industrial sector and dampened manufacturing activities in FY19' While Pakistan’s economy moved along the stabilization phase led...

FBR’s revenues to surge to Rs10.5tr by 2023-24: IMF

--'Rapid growth of tax revenues will be ensured through policy measures committed by Pakistani authorities' ISLAMABAD: The International Monetary Fund (IMF) has...

Is KASB Securities back from the dead?

It was among the biggest failures in Pakistan’s financial services sector: KASB Bank, the retail bank owned by the KASB Group had...

How a 30 year old became a media tycoon

Deep into the winding, messy streets of a Lahore township, on one end of a broken road stands a building five stories...

Forget Imran Khan, these entrepreneurs think they have the answer to Pakistan’s housing crisis

It is an audacious plan to say the least. Foolhardy if we’re being real, and straight up nuts if you’re a complete...

Traders shut down markets across Pakistan

--Most businesses remain shut in Lahore, Karachi, Peshawar and Quetta in protest against ‘unfair’ taxes levied by govt LAHORE/KARACHI/ISLAMABAD: A countrywide shutter-down strike was...

World Bank court orders Pakistan pay $5.8bn damages to Tethyan Copper

--The company maintains it had invested more than $220m in Reko Diq by the time Pakistan’s govt, in 2011, unexpectedly refused to...

After Honda, Toyota to halt production in Pakistan

After the decision of Honda Atlas Cars Pakistan (HACP) to shut down its plant for 10 days, Indus Motor Company (IMC), which...