Pakistani officials leave for China to finalise relief package

ISLAMABAD: A high-level delegation from Pakistan left for China to finalise a potential relief package to inject in the country, sources said on...

Pakistan’s economy to grow 2.9% annually from 2018-2023: EIU

Surmising a modest rise in remittances, EIU estimated the current account deficit will fall to $13.1 billion in 2019 against projections of $18.3 billion in 2018

‘China agrees to double its import from Pakistan’

PM's advisor says China has accepted Pakistan’s request to allow imports with similar conditions that it had offered to member countries...

On eve of IMF talks, Pakistan says balance of payments crisis over

On Tuesday, Finance Minister Asad Umar said that Prime Minister Imran Khan’s securing of a $6 billion package from Saudi Arabia plus promised help from China would cover a projected $12 billion shortfall in foreign currency to service Pakistan’s debt

Pakistan to begin talks with IMF over yet another bailout

Pakistan last month announced a $6 billion assistance package from Saudi Arabia, split into $3 billion in foreign currency support and a further loan worth $3 billion in deferred payments for oil

Hackers steal data from ‘almost all Pakistani banks’: FIA

A cybersecurity service says at least 19,864 debit card details belonging to 22 Pakistani banks are being sold on the dark web

The heir to Agha Hasan Abedi

How Abraaj’s downfall has echoes of the earlier scandal of BCCI’s collapse, and how it might impact the place of Pakistanis in global finance

Customs Today: the fake news portal used to threaten global shipping companies in Pakistan

A group of toy importers has taken to planting untrue stories on a news website in a bid to blackmail major shipping companies into cooperating with their tax evasion scheme

Habib Bank makes the pivot towards FinTech

Pakistan’s largest bank announces a big push into branchless banking, investments in technology infrastructure

PM reaches Shanghai to attend China International Import Expo

SHANGHAI: After his hectic engagements in Beijing, Prime Minister Imran Khan has reached Shanghai to attend the China International Import Expo (CIIE)....

Money laundering greatest challenge for developing countries: PM Khan

BEIJING: Prime Minister Imran Khan on Sunday said that the advent of money laundering was the greatest hindrance to the growth of developing...

Pakistan, China sign 15 agreements to enhance mutual cooperation

BEIJING: Pakistan and China have signed 15 agreements and memorandum of understandings (MoUs) for cooperation in diverse fields. The signing ceremony was witnessed by...

China says more talks needed on economic aid for Pakistan

Speaking to reporters in Beijing’s Great Hall of the People following Khan’s talks with Li, Chinese Vice Foreign Minister Kong Xuanyou said his country would help

Govt rebuffs APG request to link financial, banking systems with CNICs

The APG delegation which came to Islamabad in October had demanded the launch of a comprehensive procedure to monitor on cash donated for sadqa and zakat by citizens to madrassahs and the destitute

CDNS hikes saving scheme rates to almost four-year highs

Till now, the CDNS has raised a total of Rs2.72 trillion via the sale of saving schemes (net of prized bonds) by 31st August of this year which translates to 15.67%  of the overall government domestic debt and liabilities at Rs17.36 trillion, as per the central bank