OGRA reduces RLNG prices for January
The Oil and Gas Regulatory Authority (OGRA) on Monday reduced the prices of Re-gasified Liquefied Natural Gas (RLNG) for the month of...
Sluggish exports must improve for Pakistan to be competitive: SBP governor
KARACHI: As the country's economy is stabilising, attention needs to be given to pivoting Pakistan from an inward economy to an outward-looking...
Govt optimistic of achieving $24bn remittance target in FY20
ISLAMABAD: The growth in foreign remittances, which soared to $11.4 billion during the July-December period of FY20, is likely to continue for the...
Industrialists end sit-in after successful talks with SSGC officials
KARACHI: The protesting industrialists on Monday ended their sit-in outside the Sui Southern Gas Company’s head office after successful talks with the...
Fitch affirms Pakistan at ‘B-‘ with stable outlook
LAHORE: International credit rating agency Fitch Ratings has affirmed Pakistan's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'B-' with a 'Stable Outlook'.
In a...
Exports, imports suffer heavily as cargo transporters’ strike continues
KARACHI: Imports and exports have fallen heavily as angry cargo and goods transporters have continued their strike for 8th day against axle...
Investment in country increased by 78%, claims Minister Hammad Azhar
LAHORE: Minister for Economic Affairs, Hammad Azhar has said that investment in the country has increased by 78 percent due to the...
FBR’s poor performance angers Hafeez Sheikh
ISLAMABAD: Adviser to the Prime Minister on Finance Dr Abdul Hafeez Sheikh is not happy with the performance of the Federal Board...
Additional Rs209 billion collected in first 5 months: FBR
ISLAMABAD: The Federal Board of Revenue (FBR) says it collected additional Rs209 billion during the first five months of this fiscal year...
Malaysian minister assures full cooperation to promote bilateral trade
KARACHI: Malaysian Minister for Primary Industries Teresa Kok Suh Sim has assured the Pakistani business community of all possible cooperation for the...
Tight monetary policy will reduce inflation: SBP governor
KARACHI: State Bank of Pakistan (SBP) Governor Reza Baqir has said that the current tight monetary policy stance is appropriate to help...
Six-month remittances hit $11.394bn in July-December
KARACHI: The State Bank of Pakistan has reported that remittances from overseas Pakistani workers jacked up 3.31 percent to $11.394 billion in...
PM, traders to discuss tax matters on 20th
ISLAMABAD: Prime Minister Imran Khan will hold an important meeting with the All Pakistan Traders Association (APTA) at the Prime Minister House on...
‘No friction between FBR chief and PM, finance adviser’
ISLAMABAD: A spokesperson of the Federal Board of Revenue (FBR) on Saturday rejected reports that the tax watchdog’s chief, Shabbar Zaidi, was not...
SBP may revise policy rate downwards by end-Jan, claims govt’s finance team
ISLAMABAD:The government's economic team has informed the federal cabinet that the policy rate, which is currently at 13.25pc, may witness a downward...