Shaheen Air proprietors escape Pakistan, leave recoveries in limbo
SAI’s fortunes tumbled in April this year when it defaulted on payments of taxes and fee to the Federal Board of Revenue (FBR) and Civil Aviation Authority (CAA) to the tune of Rs1.3 billion
New auto companies express dismay at tax relief for Pak Suzuki Motor
Previously, Pak Suzuki Motor had tried to secure tax exemptions under the Greenfield investment category from the PML-N administration which was declined
IMF calls for further adjustments in exchange rate and monetary policy
The IMF called for 22% further hike in power tariff to address the problem of circular debt
PM likely to sack entire economic squad
Finance Minister Asad Umar, FBR chairman, SBP governor expected to be sent packing
Energy minister Omar Ayyub likely to head finance...
IMF at initial stage of assessing how much funding Pakistan requires for a bailout: Report
Ms Sanchez said that the IMF doesn’t micromanage countries and instructs as to which development and investment projects they should carry out
Pakistan negotiating $2 billion commercial loans with China: Report
Contrarily, another official stated no progress had been made on market access with China
Saudi investor pulls the plug, Shaheen Air on verge of closure
SAI’s fortunes tumbled in April this year when it defaulted on payments of taxes and fee to the Federal Board of Revenue (FBR) and Civil Aviation Authority (CAA) to the tune of Rs1.3 billion
Govt seeks early dispatchment of funds from friendly countries
'In case the expected assistance from friendly countries is delayed further, the finance ministry will speed up compliance with the IMF conditions'
ISLAMABAD:Â As...
Economic crisis is over, claims finance minister
Mr Umar maintained there had been no change in his party’s policy and shared there would be no concession on the autonomy of the central bank, rather it will be institutionalized
Rupee regains Rs1.87 against greenback in inter-bank trading
But the bank officials firmly believed that SBP had intervened in the inter-bank market and the rupee’s recovery against the dollar was artificial and short-lived
Governor SBP took Asad Umar into confidence about rupee depreciation: Report
According to sources, SBP Governor Tariq Bajwa had taken Finance Minister Asad Umar into confidence about the move and was decided that the depreciation of the rupee against the dollar would be gradual, but the central bank failed to implement the plan as envisaged
Karachi vs Lahore: Where is Pakistan’s Silicon Gali?
Pakistan’s startup culture and ecosystem is still nascent, but which metropolitan area has a head start?
How well has the PTI performed on its 100-day agenda?
Most macroeconomic indicators have worsened since the Imran Khan Administration took office, but the party appears set to initiate some key economic reforms
NETSOL stock riding high after key wins in signing new clients
Pakistan’s only NASDAQ-listed company appears poised for faster growth after a recent spate of stagnation
China to provide multiple bailout packages to Pakistan: Consul-general
ISLAMABAD:Â The Chinese Consul-General (CCG) Long Dingbin on Sunday said that instead of hard cash, China plans to eventually provide multiple forms of...