Replace or convert Rs40,000 prize bonds by March 31: SBP

KARACHI: The State Bank of Pakistan (SBP) has issued new instructions regarding the withdrawal of the Rs40,000 denomination National Prize Bonds. In a statement...

17 new oil & gas exploration blocks await security clearance

ISLAMABAD: The Petroleum Division has forwarded around 17 onshore oil and gas exploration blocks to the quarters concerned in order to get...

MoC evaluates impact of coronavirus on Pak-China trade

'Although there are slight delays in shipments, normal trading activities are expected to resume in next 10 days'

PLRA generates Rs5.54bn through land mutations

Official terms 'digitisation' as the main reason behind revenue growth

Uber-Careem merger gets CCP’s nod

--Uber asked to apply a ceiling on its ‘surge multiplier’ at a maximum of 2.5 times the non-surge price --Safety features to be...

SBP reserves up $74m to $12.5bn

KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $74 million to $12,504.7 million during the week...

Cotton imports likely to touch $2bn in FY20

LAHORE: Pakistan's cotton imports are likely to touch $2-billion mark this year due to a lack of research on the commodity, which...

Stocks close in red ahead of FATF decision

KARACHI: The Pakistan Stock Exchange (PSX) witnessed another range-bound trading session on Thursday, as the investors remained cautious ahead of the Financial Action...

Medicinal imports drop 10pc in seven months

ISLAMABAD: The import of medicinal products into the country during the first seven months of the financial year 2019-20 dipped by 9.95pc as...
Ministry of Finance

Pakistan’s efforts to improve EODB, macro-economic outlook lauded

ISLAMABAD: A delegation of the Commonwealth Enterprise and Investment Council (CWEIC) led by Deputy Chairman of the Enterprise Rt Hon Sir Hugo...

JICA agrees to further enhance cooperation in trade, economic development

ISLAMABAD: President Japan International Cooperation Agency (JICA) KITAOKA Shinichi called on Foreign Minister Shah Mahmood Qureshi in Islamabad on Thursday. He apprised the...

Pakistan, Sri Lanka have great potential to explore bilateral trade: envoy

COLOMBO: Pakistan's High Commissioner to Sri Lanka Saad Khattak has said that the two countries have a great potential to explore in...
Gold

Gold eases, but holds near seven-year peak as virus impact weighs

Gold prices dipped on Thursday after China unveiled measures to soften the economic impact of the coronavirus outbreak, but the metal held...
Federal cabinet

Federal cabinet to take up pacts with Turkey, inflation today

ISLAMABAD: Prime Minister Imran Khan will chair a meeting of the cabinet today (Thursday) to discuss the 16-point agenda including recently signed...

UBL announces to wind up its wholly owned subsidiary

KARACHI: United Bank Limited (UBL) on Thursday announced that  it is winding up its wholly-owned subsidiary United Executors and Trustees Company Limited. In...