Govt raises power rates a day after Saudi bailout
ECC approves increase in tariff for consumers using more than 300 units, allows five per cent decrease in electricity rates for...
Rupee sharply regains Rs1.92 against greenback in inter-bank market
The rupee has been depreciated five times against the greenback since December 2017, which has seen the local currency losing a cumulative 27% of its value against the greenback
Pakistan to go for IMF bailout, despite $6 billion Saudi Arabia support package: Report
In a comment to Bloomberg, Finance Ministry spokesman Noor Ahmed on Wednesday said an IMF programme will help boost discipline in the economy
Master group wins bid to setup 99MW hydropower project
According to Pedo, the bid submitted by Masters Textile Limited and CHEC was greatly responsive in respect of “completeness, competitiveness, reasonableness and has the lowest rank"
Global MBA rankings: a Pakistani perspective
Profit’s inaugural guide for Pakistani professionals and students looking to launch a global career with a foreign MBA
Naya Pakistan Housing: pipe dream or bold vision?
Experts weigh in on the feasibility of the government’s target of building 5 million homes in the country over the next five years
Eighteen: How an Egyptian company is building a new $2 billion Islamabad suburb
Orascom’s real estate arm believes there is a large enough market for Pakistanis who want to live the suburban life around the nation’s capital
ECC likely to increase electricity tariff by Rs3.81 per unit
Consumers will have to bear an additional burden of about Rs406 billion
ISLAMABAD:Â The Economic Coordination Committee (ECC) has decided to go ahead...
Dearth of economic experts in Finance Ministry irks PM
‘There is not a single ministry official who holds a PhD degree in the field of economics and finance’
‘Secretaries have...
Pakistan won’t need IMF again, Umar claims
–Finance minister says govt trying to bridge $12bn financing gap through policies, bailout programme
–Says economy improving as exports have increased, imports are...
Engro says govt has no contractual right to renegotiate LNG agreement
On Thursday, the Information Minister Fawad Chaudhary had announced the government would be conducting an audit of the two LNG deals
Azerbaijan offers $100m credit to address Pakistan’s energy woes
ISLAMABAD: Ambassador of Azerbaijan Ali Alizada called on Information Minister Chaudhry Fawad Hussain on Friday and said his country was ready to...
Honda Atlas increases prices of its vehicle lineup
Honda Atlas Cars (Pakistan) Limited on Friday increased the prices of its vehicle lineup. The new tariff will be effective from October...
Pakistan’s gross public debt surged by 16.6% during FY18
The report said major growth in public-sector enterprises debt and loans for commodity loans and external liabilities drove Pakistan’s total debt and liabilities (TLDL) to 86.8 percent of GDP at end of June 2018 compared to end-June 2017
APG group recommends various actions to help Pakistan get out of grey list
The source told that Pakistan is in conformity with over 50% of the recommendations.