SBP reserves fall by more than $0.5bn in a week

KARACHI: The central bank's foreign exchange reserves fell by $562 million, within a week, due to external debt financing and other payments,...

Govt rebases national accounts

ISLAMABAD: In an attempt to balloon up the overall Gross Domestic Product (GDP) growth figures for Fiscal Year (FY) 2021-22, the government...
Steel re-rolling mills

Pakistan Steel Mills privatisation attracts interest from six international investors

Islamabad: Six international investors have disclosed their interest in Pakistan Steel Mills Corporation (PSMC), according to a meeting of the Privatisation Board...

IMF Board to consider Pakistan’s case on January 28

ISLAMABAD: The International Monetary Fund (IMF) Board is scheduled to meet on January 28, to consider Pakistan's sixth review under the ongoing...

Telcos deny data breach

ISLAMABAD: Telecommunication companies have denied allegations that sensitive information belonging to telecom subscribers has been leaked and is available on the internet.  The...
Textile unit

Textile exports increase by 26.05pc to $9.381bn in H1FY22

ISLAMABAD: The exports of textile commodities surged by 26.05 percent during the first half of the current fiscal year (2021-22) as compared...

Investment in tech sector vital for youth employment, national economy: PM

HARIPUR: Prime Minister Imran Khan on Monday said that the investment in technology sector was vital to create employment for the youth...

FBR fixes new valuations of immovable properties in Islamabad

ISLAMABAD: The Federal Board of Revenue (FBR) has lowered the fair market value of immovable properties in Islamabad after consultation with stakeholders,...

No 4G in AJK, GB despite spectrum auction

ISLAMABAD: Cellular companies that participated in the auction of next-generation mobile services in Azad Jammu and Kashmir (AJK) and Gilgit Baltistan (GB)...

Prices of petroleum products likely to increase by up to Rs6 per litre

Prices of petroleum products are likely to witness an increase of up to Rs6 per litre for the second half of January. Sources...

Oladoc announces $1.8m raise to scale healthcare platform

LAHORE: Healthtech startup Oladoc on Friday claimed to have raised a $1.8 million investment in a pre-Series A round, as the healthtech...

Remittances grow by 11.3pc to $15.8bn in H1FY22

ISLAMABAD: Workers remittances grew by 11.3 per cent to $15.8 billion during the first half of the current fiscal year (H1FY22) as...

Govt gets ‘mini-budget’ & SBP amendment bill passed in NA

ISLAMABAD: Federal government Thursday got the Finance (Supplementary) Bill 2021, also called as 'mini-budget' by the opposition parties, sail through the National...

Zia Chishti out as TRG Pakistan elects new board

KARACHI: TRG Pakistan, at an Extraordinary General Meeting (EoGM) held on January 11, elected a new board of directors which saw the...

NITL denies launching govt’s Rs1bn venture capital fund for startups 

The National Investment Trust Limited (NITL) of the government of Pakistan has also denied launching a Rs1 billion venture capital fund announced...