China agrees to provide $2.5 billion loan to bolster foreign exchange reserves

This follows the previous $2 billion loan provided by China at the end of July last year to bolster foreign exchange reserves and it has come out as the country’s biggest economic rescuer in the past five years

Kia Lucky Motors targeting commercial production by 1st quarter FY19-20

KLM has opened company owned /third-party operated dealerships in some of the metro cities of Pakistan

PM inaugurates ‘Pakistan Banao Certificate’ scheme for overseas Pakistanis

PM vows that under his government, the Pakistani diaspora will feel proud to hail from the country Says an IMF bailout...

SBP hikes key interest rate by 25 basis points to 10.25%

Challenges to Pakistan’s economy persist despite narrowing as the current account deficit remains high, the fiscal deficit is elevated, and core inflation remains continuingly high, said SBP

Toyota runs campaign against ‘own money’ premium on cars

Toyota is one of the first auto companies to move towards the eradication of premium or ‘own money’ after the government’s stance of declaring the practise illegal

‘Govt envisions Pakistan among world’s top 50 economies in 5 years’

PM's advisor says govt working on simplifying the taxation system and visa regime for businessmen BOI chief says dedicated business units...

Govt mulls cancelling ‘own money’ on purchase of new vehicles

PM's advisor says govt is chalking out a plan to cancel the registration of dealers who are involved in this illegal...

Another round of talks between Pakistan, IMF ends ‘fruitless’

IMF demands further devaluation of rupee, increase in tax collection as well as interest rate Another round of talks between Pakistan and...

UBL’s New York branch surrenders license, concludes voluntary liquidation

In November, UBL had announced it would voluntarily liquidate and surrender its banking license in New York as per the applicable rules and regulations

How to fix the Pakistani economy

Profit speaks to five of the nation’s top experts on what the government should do in order to get the economy humming again

All you wanted to know about how to build your own Pakistani e-commerce business (but didn’t know who to ask)

A top executive at one of the leading e-commerce companies in Pakistan breaks down the contours and possible future path of the industry

Pakistan does not have a billion-dollar software company. Meet the man who wants to change that

Amir Wain is building i2c into a SaaS powerhouse that is rapidly turning into one of the country’s largest software exporters

Talks between Pakistan, China for FTA to begin next month

ISLAMABAD: Federal Secretary for Trade, Younus Dagha has said that the talks between Pakistan and China for a Free Trade Agreement (FTA)...

Razak Dawood instrumental in shaping business-friendly mini-budget

ISLAMABAD: Unlike the previous ministers of commerce and industry, Prime Minister’s Adviser on Commerce Abdul Razak Dawood has proved to be highly...

Sakib Sherani resigns from PM’s Economic Advisory Council

Sources say the economist resigned because govt did not consult the council before presenting the finance bill ISLAMABAD: In another blow to...