IMF to visit Pakistan with $7.5bn package on 27 Sept

ISLAMABAD: After the ‘go ahead’ from the US Secretary of State Mike Pompeo, an International Monitory Fund (IMF) team is scheduled to...

PIA suffers to the tune of billions over ill-timed move

From Sabre to little-known Turkish Global Distribution System MUHAMMAD FARAN BUKHARI LAHORE: Pakistan International Airlines’ (PIA) international flight bookings have almost ceased, resulting in...

India and Pakistan have driven global sugar glut: Australia’s minister for trade

Pakistan, whose sugar production has increased in recent years, in January quadrupled the volume of sugar eligible for export subsidies to 2 million tonnes to reduce excessive domestic supplies

Mini-budget to be announced next week, withdraw entitlements available to govt officers

A rise in regulatory and customs duties is amongst the recommendations which will allow 20 percent increase in the revenue collection for the government in its first year of power.

Govt mulls options to construct Diamer Bhasha dam to meet energy needs

Sharing details of a proposed plan regarding the formation of Diamer Bhasha dam Pvt Ltd Co., the sources said that it was proposed to market the shares of this company through Pakistan Stock Exchange (PSE) and approximately 52 percent shares of the company will be owned by the government and owners of remaining 48pc shares will be with the masses

Sindh Bank and Summit Bank are merging. Who is the real buyer?

Allegations of money laundering and illicit payoffs continue to haunt this transaction, suggesting there may be more than a simple bank merger going on

Hong Kong-based investment bank returns to Pakistan’s capital markets. But why?

CLSA, a subsidiary of a Chinese state-owned company CITIC, has acquired a stake in Bank Alfalah’s securities trading arm Alfalah Securities

Pak, China agree to ensure 3rd-country participation in CPEC

ISLAMABAD: Realigning the goals of the China-Pakistan Economic Corridor (CPEC), Pakistan has introduced new targets of socio-economic and regional development under this...

Intellectual Property Organisation Pakistan all set to change image after past failures 

ISLAMABAD: With the ongoing developments brought about by the China Pakistan Economic Corridor (CPEC), the registration of new companies and intellectual property...

Ban cheese imports? Pakistan discusses outside-the-box ideas to avoid IMF bailout

A lull in Pakistani exports and a relative spike in imports has led to a shortage of dollars in the economy, putting pressure on the local currency and dwindling foreign currency reserves

EAC in disarray, as Dr Imran Rasul resigns from his post

Dr Atif R. Mian's removal from the EAC on Friday resulted in Dr Asim Ijaz Khawaja resigning from his post and Dr Imran Rasul followed suit on Saturday by tendering his resignation

Revised finance bill to be presented in Parliament next week: Asad Umar

He dismissed the speculation that the newly installed government had shut off the IMF window permanently and said the government was considering every option to manage the external sector vulnerabilities

Eminent economist Dr Atif Mian removed from EAC after backlash

Aged 43, and a scholar in the field of finance and macroeconomics, Mian is regarded as one of the world’s top young economists

Engro Polymer & Chemicals to enter hydrogen peroxide business with $23m investment

Engro Polymer & Chemicals Limited derives hydrogen as part of its caustic manufacturing process

NAB asks FBR for assistance in investigation against declining revenues from tobacco sector

ISLAMABAD: The National Accountability Bureau (NAB) has asked the Federal Board of Revenue (FBR) to appoint a focal person for assistance in...