US Secretary of State has his say on how Pakistan cannot use the IMF to pay off Chinese lenders.… Read More
PTI’s Amended Budget Proposal Will Focus on Cutting Spending and Increasing Tax Base: Sources
The Pakistan Tehreek-e-Insaf (PTI) government-elect will reprioritize the budget for the current fiscal year 2018-19 after taking charge as per… Read More
Today is the Last Day to Avail Tax Amnesty Scheme
Today is the last day to avail the tax amnesty scheme.… Read More
Inner Mongolia Yili to Acquire 51% Stake in Fauji Foods
Inner Mongolia Yili Industrial Group Co has submitted an investment intention letter to acquire a 51 percent stake in Fauji Foods.… Read More
Capital Markets Key Avenue for Attracting Foreign Inflows: Dr Shamshad Akhtar
Caretaker Finance Minister, Dr. Shamshad Akhtar emphasized strengthening the capital market which is critical for augmenting domestic resource mobilization to… Read More
UK Adopts a Strict Anti-Money Laundering Legislation
Money launderers can face up to 5 years of jail and an unlimited fine.… Read More
Honda Atlas Cars Profits Fall by 50% in Q1 2018-19
Honda Atlas Cars Pakistan (HCAR) has posted a net profit of Rs. 1.05 billion for its first quarter which ended… Read More
Rupee Gains Over Rs. 5 Against US Dollar in Interbank Market
The rupee has seen its value appreciate as it now stands at Rs 122.5 against the dollar.… Read More
Pakistan is Considering a Record $12 Billion Bailout Package from IMF: Report
According to a recent report by Financial Times, Pakistan is planning to seek its biggest ever bailout from the International… Read More
Telecom Sector Tops in Profit Repatriation in FY 2018
Multinational companies in the telecom sector continue to reap the benefits of their billion-dollar investments in mobile broadband services in… Read More
Foreign Exchange Reserves Deplete by $778 Million in July
Pakistan’s foreign exchange reserves have been unabatedly depleting so far in the month of July, which saw an outflow of… Read More
Pakistan Needs to Depreciate Rupee More or Opt for an IMF Bailout: Moody’s
Moody’s Investors Service has said that possible policy options for the new Pakistan Tehreek-e-Insaf (PTI) government would include monetary and… Read More
