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Sale of petroleum products drops 20%
KARACHI: The Oil Companies Advisory Council (OCAC) has confirmed that the sale of petroleum products has gone down by 20%...
PSX crashes after PM announces ‘super tax’ on industries
KARACHI: The Pakistan Stock Exchange (PSX) crashed on Friday minutes after Prime Minister Shehbaz Sharif announced a 10 per cent tax on...
Inflation rate hits a new decade highest level
KARACHI: Consumer price inflation likely sped up to over a decade high in June on runaway food and energy prices...
Saved Pakistan from bankruptcy, Finance Minister
ISLAMABAD: Finance Minister Miftah Ismail on Thursday said that they saved Pakistan from bankruptcy by raising the prices of petroleum...
PAKISTAN, CHINESE CONSORTIUM OF BANKS SIGN $2.3B LOAN AGREEMENT
ISLAMABAD: Pakistan has signed $2.3 billion loan facility agreement with a Chinese consortium of banks. The development was confirmed by...
Pakistan and IMF agree to revive loan program
ISLAMABAD: The chances of revival of the International Monetary Fund (IMF) loan program for Pakistan have brightened after what the...
Investment process in special economic zones simplified: Asad
ISLAMABAD: Minister for Planning and Development Asad Umar says the government has developed a mechanism to facilitate companies interested to...
SBP decides to keep banks open on Dec 30-31
KARACHI: The State Bank of Pakistan (SBP) decided on Tuesday (today) to keep the field offices of SBP Banking Services...
World economy to top 100 trillion in 2022 for first time: report
LONDON: The world’s economic output will exceed $100 trillion for the first time next year and it will take China...
SBP receives $3 bn deposit from SA, Shaukat Tarin conforms
Shaukat Tarin Adviser Finance and revenue to PM announced on Saturday that the State Bank of Pakistan (SBP) had received...
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