Monetary tightening takes pause as policy rate kept at 15pc

KARACHI: The State Bank of Pakistan (SBP) on Monday maintained the status quo by keeping the interest rate on hold at 15%. According...
Power sector

Power price likely to go up by Rs4.69 per unit

ISLAMABAD: The price of electricity is likely to go up once again as the Central Power Purchasing Agency (CPPA) has filed an...

Why did KIA Motors not reduce their prices? 

LAHORE: KIA Motors has chosen to opt out of the downward price revisions that have been introduced by other automotive companies.  In this...

Dr Nadeem Javed appointed as chief economist

ISLAMABAD: The federal government on Friday appointed Dr Nadeem Javed as the country's chief economist whereas sources claim that the notification regarding...

Pakistan launches national priority sectors export strategy

ISLAMABAD: The Ministry of Commerce and the Trade Development Authority of Pakistan (TDAP)  on Friday unveiled the National Priority Sectors Export Strategy...

Govt appoints Jameel Ahmad as governor SBP

Islamabad: The federal government has appointed Jameel Ahmad new Governor State Bank of Pakistan. As per finance ministry notification Jameel Ahmad is appointed...

Air Sial goes international following cabinet approval

KARACHI: The federal cabinet on Thursday approved the designation of Air Sial for the United Arab Emirates (UAE), Kingdom of Saudi Arabia...

Govt lifts ban on ‘luxury’ imported items

ISLAMABAD: Finance Minister Miftah Ismail on Thursday announced lifting the ban on the import of luxury items as desired by the International...

Pakistan, Iran to finalise FTA within next six months

ISLAMABAD: Federal Minister for Commerce Syed Naveed Qamar on Thursday said that Iran and Pakistan will give final shape to the proposed...

Govt set to lift ban on imported cars 

LAHORE: Finance Minister Miftah Ismail on Thursday announced that the government will be rescinding the ban on imported goods into Pakistan, including...

Govt links abolishment of CPEC authority with China approval

Islamabad: The federal government has linked abolishment of  China Pakistan Economic Corridor (CPEC) authority with China approval. Sources said that the high ups...

Pakistan starts evaluating new facility as UK announces new GSP scheme

ISLAMABAD: Pakistan has started evaluating trade facilities with the United Kingdom (UK), as the foreign country has announced the launch of the...

Honda Atlas Cars Pakistan announces price reduction for entire CKD portfolio

LAHORE: Honda Atlas Cars Pakistan Limited (HACPL) has announced a price reduction across its entire completely-knocked-down (CKD) portfolio.  This decision completes the downward...

IMF loan disbursement to start by August end: Miftah

ISLAMABAD: Federal Minter for Finance Miftah Ismail on Tuesday announced that loan disbursements under the Extended Fund Facility (EFF) will start by...

Miftah under fire after strong backlash from within party and Zardari

ISLAMABAD: Finance Minister Miftah Ismail on Tuesday while defending the hike in POL prices said that while he was an "easy target" for...