IMF: delay deadliest form of denial? EDITORIAL: The IMF (International Monetary Fund) Staff-Level Agreement (SLA) is still awaited. State Bank of... Updated 18 Mar, 2023 06:50am
Business & Finance Sugar export: Shipment period extended on exporters’ plea ISLAMABAD: The government has increased shipment time for the export of sugar after sugar exporters expressed ... Published 18 Mar, 2023 06:14am
Print Projects worth billions of dollars: AIIB voices concern over undue delay ISLAMABAD: The Asian Infrastructure Investment Bank (AIIB) has reportedly expressed concerns on undue delay in... Updated 18 Mar, 2023 09:13am
Business & Finance Drug price adjustment: Pharma industry seeks support of govt ISLAMABAD: Pharma industry has sought the support of the government for addressing their issues related to price... Published 15 Mar, 2023 07:05am
Business & Finance Textile sector on verge of collapse: PAF chairman KARACHI: A restriction on letters of credit (LCs), natural gas and electricity shortages, unavailability of raw... Published 15 Mar, 2023 06:01am
Opinion Containment of imports The latest international trade statistics for the period, July to February, 2022-23, have just been released by the... Published 14 Mar, 2023 03:18am
Pakistan Relaxing network rollout obligations for CMOs under study ISLAMABAD: The government is considering relaxing network rollout obligations for cellular mobile operators (CMOs)... Published 14 Mar, 2023 03:18am
Print CMOs demand 250pc increase in ARPU to meet growing expenses ISLAMABAD: Amid the admission of poor quality of services, the cellular mobile operators (CMOs) demanded 250 percent... Updated 14 Mar, 2023 09:22am
Print LC restrictions: World Bank asks govt to exempt projects funded by IFIs Economic Affairs secretary agrees to take up matter with Finance Division Updated 13 Mar, 2023 12:51pm
Print LCs: govt likely to give steel sector big relief ISLAMABAD: The government is likely to give top priority to the steel sector products by allowing opening of the... Updated 13 Mar, 2023 09:11am
Print Revenue from corporate sector drops 30pc due to massive closures LAHORE: Revenue generation from the corporate sector has dropped by 30 percent due to massive closures, particularly... Updated 12 Mar, 2023 09:59am
Business & Finance Auto raw material, CKD: PAAPAM urges govt to ease import restrictions LAHORE: As the car manufacturing in the country has almost closed down due to non-availability of raw material, the... Published 09 Mar, 2023 06:23am
Print Import curbs to be eased after IMF review: SBP chief Jameel Ahmed says pressure of inflation will remain for two to three months Updated 09 Mar, 2023 12:37pm
Print Forex manipulation: SBP governor says probe against banks completed ISLAMABAD: Governor of the State Bank of Pakistan (SBP) Jameel Ahmad on Wednesday said that the inquiry report... Updated 09 Mar, 2023 08:55am
Print CPEC IPPs: Power Div asked to sort out revolving account issues ISLAMABAD: Prime Minister Shehbaz Sharif has directed Power Division to hold a meeting with SAPM on Power,... Updated 09 Mar, 2023 08:55am
Business & Finance Industrial, commercial bodies hold rally against govt policies FAISALABAD: The heads and representatives of industrial and commercial organizations rejected these policies due to... Published 09 Mar, 2023 06:23am
Print Import of solar panels: SBP asks govt to prepare list of ‘reputable’ suppliers ISLAMABAD: State Bank of Pakistan (SBP) has proposed to the federal ministries to prepare a list of reputable... Updated 08 Mar, 2023 12:40pm
Business & Finance Scrap shortage crisis compounding: PALSP ISLAMABAD: Due to lack of letters of credits (LCs) being opened, the domestic scrap shortage crisis is compounding... Published 08 Mar, 2023 06:20am
Print CPEC power projects: China concerned over payment issues Chinese government through Pakistan’s embassy in Beijing and its own embassy in Islamabad has raised this issue at all forums Updated 06 Mar, 2023 11:39am
Print PTA data for January: 0.87m cell phones produced locally as compared to 0.07m imported ones ISLAMABAD: Local plants manufactured or assembled 0.87 million mobile handsets during January of 2023 compared to... Updated 05 Mar, 2023 10:08am
Print Steel industry concerned at interest rate hike ISLAMABAD: The steel industry, on Thursday, urged the government to take immediate action to ensure the availability... Updated 03 Mar, 2023 09:01am
Opinion 300bps hike in interest rate: unbelievable! Raising interest rate by 300 basis points (bps) to 20 percent by State Bank of Pakistan is highly unbelievable. A... Published 03 Mar, 2023 06:12am
Print Charges on stuck cargoes waived off: ECC approves uniform wheat support price ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved a uniform procurement price of ... Updated 02 Mar, 2023 09:19am
Print Equipment import: IPPs seek amendment to SBP’s circular ISLAMABAD: Independent Power Producers (IPPs) have sought amendment to State Bank of Pakistan (SBP) Circular of... Updated 25 Feb, 2023 09:00am
Opinion Finally, there’s light at the end of the tunnel President Dr Arif Alvi has signed the supplementary finance bill 2023 into law. This development will surely lead to... Published 24 Feb, 2023 06:00am
Business & Finance PAAPAM calls for price increase on pro rata-based formula LAHORE: The Pakistan Automotive Parts and Manufacturers Association of Pakistan (PAAPAM), in a convention on... Published 24 Feb, 2023 06:00am
Business & Finance Telecom licence price pegged with USD: CMOs warn of ‘digital catastrophe’ ISLAMABAD: The Cellular Mobile Operators (CMOs) Wednesday gave SOS call to the government and warned that the ... Published 23 Feb, 2023 05:52am
Business & Finance Delay in LCs’ retirement may lead to controversies involving forged documents LAHORE: Undue delay in the retirement of Letters of Credit (LCs) documents by banks may lead to further ... Updated 23 Feb, 2023 07:19am
Business & Finance Severe shortage of rebars: PALSP again urges SBP to allow opening of LCs ISLAMABAD: Pakistan Association of Large Steel Producers (PALSP) has again requested the State Bank of Pakistan ... Published 21 Feb, 2023 05:57am
Business & Finance Oil companies facing Rs35bn loss due to forex losses, LCs issue: OMAP LAHORE: The Oil Marketing Association of Pakistan (OMAP) on Monday said that oil marketing companies (OMCs) are... Published 21 Feb, 2023 05:57am