KCCI urges SBP to stop PKR from going into free fall Karachi: The Karachi Chamber of Commerce and Industry (KCCI) on Thursday termed the continuing political instability... Published 22 Jul, 2022 06:07am
Editorials Treacly sentimentality pervades market? EDITORIAL: The Federal Finance Minister, Miftah Ismail, held yet another press conference with the ostensible... Published 22 Jul, 2022 06:07am
Print Demand for dollar to ebb: Miftah Says exchange rate situation will reverse Updated 22 Jul, 2022 09:05am
Print Service charges/ commission/ fees: Payments to non-residents brought into the tax net FBR inserts two new sub-sections in Section 152 of Income Tax Ordinance for taxation payments to non-residents Updated 22 Jul, 2022 09:31am
Print Non-availability of forex: CPHGC lands in hot water as SBP stops payments Suspension of payments causes it to default on payments to its coal suppliers Updated 22 Jul, 2022 09:38am
Markets Alarm bells: SBP-held foreign exchange reserves down $389mn, now stand at $9.33bn Fall attributed to external debt repayments, says central bank Published 21 Jul, 2022 08:43pm
Pakistan Pakistan’s GDP growth projected to 'recover slightly' in FY23: ADB Asian Development Outlook Supplement highlights SBP among most aggressive central banks in region Updated 21 Jul, 2022 06:18pm
Markets Rupee closes near 227 as relentless fall continues Currency depreciates for fifth successive session Updated 21 Jul, 2022 06:42pm
Pakistan KP’s CM inaugurates Provincial Security Secretariat PESHAWAR: Chief Minister, Khyber Pakhtunkhwa Mahmood Khan on Wednesday inaugurated the Provincial Security... Published 21 Jul, 2022 05:40am
Opinion Islamic banking and finance According to media reports, Finance Minister Miftah Ismail has desired for arranging a meeting between religious... Published 21 Jul, 2022 05:40am
Opinion Stop ‘subsidising’ banks and others There are several indices that are used across the free world that rank individual countries on measures of economic... Published 21 Jul, 2022 05:40am
Print Weighed mainly by global commodity prices: SBP sees FY23 most challenging for economy Official says Pakistan’s import bill and political instability are main reasons for depreciation of the rupee Updated 21 Jul, 2022 11:24am
Business & Finance SECP reconstitutes Shariah Advisory Committee ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has reconstituted its Shariah Advisory ... Published 21 Jul, 2022 05:40am
Business & Finance PKR freefall a threat to national security: FPCCI chief KARACHI: Irfan Iqbal Sheikh, President FPCCI, has maintained that free-falling rupee has reached a point where it ... Published 21 Jul, 2022 05:40am
Business & Finance SBP should adopt effective strategies to stabilise rupee: Nkati KARACHI: Faisal Moiz Khan, President North Karachi Association of Trade & Industry (NKATI), while expressing ... Published 21 Jul, 2022 05:40am
Editorials Joblessness: Is the crisis for real? EDITORIAL: The economic activities are slowing down. Both monetary and fiscal policies are working by design under... Published 21 Jul, 2022 05:40am
Business & Finance Govt says will roll out 'reshaped' Mera Pakistan Mera Ghar scheme in coming days Assures that investments already made by the general public through the scheme remain protected Updated 20 Jul, 2022 05:38pm
Markets Rupee continues to plummet, closes near 225 against US dollar Cumulative depreciation in last four sessions hits 6.7% Updated 20 Jul, 2022 05:55pm
Markets Speculation, uncertainty causing rupee freefall: Miftah Pakistan Finance Minister Miftah Ismail said Pakistan’s “economic fundamentals” remain intact and the ongoing... Updated 20 Jul, 2022 06:26pm
Pakistan MPMG scheme put on hold ISLAMABAD: Finance Ministry said on Tuesday that the government of Pakistan’s low-cost housing finance scheme,... Published 20 Jul, 2022 07:26am
Print Fitch, too, revises outlook to negative Affirms Pakistan's long-term foreign-currency (LTFC) issuer default rating (IDR) at “B-” Updated 20 Jul, 2022 09:18am
Business & Finance Govt can’t afford to let value of PKR sink further: PBF Says that if dollar is not controlled, prices of petrol and electricity will increase to unimaginable levels Updated 20 Jul, 2022 09:55am
Business & Finance Skyrocketing value of dollar, detention charges to hit importers’ plans badly: LCCI LAHORE: President of the Lahore Chamber of Commerce and Industry (LCCI) Mian Nauman Kabir has feared that speedy... Published 20 Jul, 2022 05:48am
Markets Rupee depreciation against US dollar part of global phenomenon: SBP Central bank says when observed in real effective terms depreciation in rupee value since December 2021 has only been 3% Published 19 Jul, 2022 10:00pm
Pakistan Probe into alleged audio clip of IK’s wife, Dr Arslan: IHC grants extra time to counsel over maintainability issue ISLAMABAD: The Islamabad High Court (IHC) on Monday granted time to the petitioner’s counsel to assist the court... Published 19 Jul, 2022 06:00am
Print FY22: Over $31bn record remittances received Home remittances improved 6.1% during last fiscal year Updated 19 Jul, 2022 10:32am
Print Fiscal consolidation: Economic, political uncertainty to challenge the pace: Moody’s States that credit profile of Pakistan reflects its low fiscal strength, weak institutions and governance strength Updated 19 Jul, 2022 11:04am
Markets Fresh record low: Rupee plummets, closes at 215.2 against US dollar Depreciation of nearly 2% comes despite IMF's staff-level agreement as market thrown into uncertainty over political developments Updated 18 Jul, 2022 07:13pm
Markets Remittances: Pakistan receives record inflow of $31.2bn in FY22 Amount 6.1% higher year-on-year Inflow during June 2022 alone clocks in at $2.761bn, 18.4% higher month-on-month Updated 18 Jul, 2022 03:41pm
Opinion Wanted: political stability A long-awaited IMF Staff-Level Agreement (SLA) is finally done with. However, anxiety — especially in currency and... Published 18 Jul, 2022 07:09am