business

ISLAMABAD: Federal Minister for Planning, Development & Reform Makhdum Khusro Bakhtyar, while appreciating Huawei’s continued engagement in Pakistan, said that the leading technological company can support in developing and upgrading IT…

Prime Minister Imran Khan on Tuesday said the government was fully determined to extend all facilities to the investors and business community.

ISLAMABAD: Hammad Azhar has been removed as head of Revenue Division a day after he was sworn in as Federal Revenue Minister. According to well-placed sources, Dr Abdul Hafiz Shaikh was upset with the government for handing the revenue…

ISLAMABAD: Pakistan has received the first tranche of loan of $991.4 million from the International Monetary Fund (IMF) under the under Extended Fund Facility (EFF). According to the State Bank of Pakistan (SBP), the country's foreign…

ISLAMABAD: A five member delegation from Emirates NBD Bank called on the Adviser to Prime Minister on Finance, Dr. Abdul Hafiz Sheikh, here this morning. The delegation was led by Mr. Fahad Al Qasim, CEO Emirates NBD Capital Limited.…

KARACHI: International Monetary Fund Mission chief for Pakistan Ernesto Ramirez-Rigo has said that the first tranche of $1 billion will be released soon. Talking to media, Ernesto said that releasing loan would help stabilize the…

Adviser to Prime Minister on Finance, Dr. Abdul Hafiz Sheikh chaired a meeting to analyze the different financial models for “Naya Pakistan Economic Zone alongside Islamabad Expressway”. Chairman Naya Pakistan Housing Association, Lt.…

ISLAMABAD: Pakistan's Ministry of Planning clarified a news article carried by some sections of International media titled “IMF Won't Stop China From Turning Pakistan Into The Next Sri Lanka”, published on 04th July 2019. "The article is…

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has directed the Petroleum Division to divert the surplus business to Pakistan Railways that offers the lowest freight charges as compared to other modes of transportation.…

WASHINGTON: The International Monetary Fund on Wednesday approved a $6 billion, three-year loan for Pakistan to try to right the South Asian nation's economy. With the IMF board's approval, the fund released $1 billion to Pakistan…

ISLAMABAD: The International Monetary Funds (IMF) executive board will decide about the approval of the bailout package today.

Taking cognizance of increasing inflation, the prime minister ordered action against people artificially inflating the prices of essential commodities.

 KARACHI: The US Dollar reached a new high at Rs162 in the interbank market.

ISLAMABAD: Adviser to Prime Minister Imran Khan on Finance Dr Abdul Hafeez Shaikh expressed his gratitude to Qatari Emir Sheikh Tamim Bin Bamad Al Thani for announcing US3 billion in despoists and direct investments for Pakistan. Taking…

The Federal Board of Revenue (FBR) on Friday launched the online FBR Tax Profiling System, which facilitates 53 million people to check their bank details, assets, utility bills and travel history data.