Business & Economy IMF debt dilemma looms after Pakistan election: Dr Reza Baqir LONDON: The International Monetary Fund (IMF) faces tough choices on how to deal with Pakistan after the February... Updated 18 Jan, 2024 10:34pm
Business & Economy Pakistan, Dubai ink over $3bn investment pact at Davos Authorities sign agreements to strengthen relations in the marine and logistics sectors Updated 18 Jan, 2024 09:56pm
Commodities Heat along the Red Sea: Pakistan’s exporters fret over shipments to EU, US Freight charges more than double as Houthis threat forces ships to take longer route Published 18 Jan, 2024 08:30am
Business & Economy Pakistan’s FDI up nearly 35% in first six months of FY24 During November alone, net FDI amounted to $211.1mn, a 538% increase when compared with the same month of the previous year Updated 17 Jan, 2024 10:52pm
Business & Economy SBP says Pakistan has received $705.6mn from IMF Pakistan has received a tranche of $705.6 million from the International Monetary Fund (IMF), said the State Bank of... Updated 17 Jan, 2024 07:59pm
Business & Economy DP World, Pakistan’s JW Holding sign MoU to develop SEZs in Pakistan DP World, Dubai’s state-owned port giant, has signed a Memorandum of Understanding (MoU) with JW Holdings, a... Updated 17 Jan, 2024 06:08pm
Business & Economy Elections to pave way for economic stability in Pakistan, says Kakar Caretaker Prime Minister Anwaar-ul-Haq Kakar on Wednesday said that all speculations regarding the upcoming general... Updated 17 Jan, 2024 06:02pm
Business & Economy Pakistan’s current account posts significant surplus of $397mn in December Overall deficit during July-December FY24 stands at $831mn compared to $3.63bn in same period of FY23 Updated 17 Jan, 2024 08:33pm
Business & Economy Govt slashes petrol price by Rs8 per litre; keeps HSD unchanged New petrol price will be Rs259.34 per litre Published 15 Jan, 2024 11:40pm
Business & Economy Trade at key Afghanistan-Pakistan crossing stops over travel document dispute Hundreds of trucks stranded, border still open to pedestrians Updated 13 Jan, 2024 11:12pm
Business & Economy IMF’s first review: proud moment, says Dr Shamshad Akhtar Caretaker Minister for Finance, Revenue and Economic Affairs, Dr Shamshad Akhtar on Friday termed the successful... Updated 12 Jan, 2024 05:02pm
Business & Economy Macroeconomic conditions ‘have generally improved, but outlook remains challenging’, says IMF Statement comes as Executive Board completes first review of the Stand-By Arrangement for Pakistan Updated 12 Jan, 2024 07:04pm
Business & Economy Exporter caution: ‘Pakistan’s ESG compliance can affect GSP-Plus status’ SpectrEco CEO Faraz Khan says exports could take hit unless businesses follow ESGs Published 12 Jan, 2024 09:00am
Business & Economy IMF Executive Board completes 1st review under SBA: finance ministry Development allows for immediate disbursement of $700mn Published 11 Jan, 2024 10:11pm
Business & Economy ‘Political turmoil’ in Pakistan to slow private sector growth: World Bank The World Bank has raised concerns that heightened political uncertainty in Pakistan could slow down growth in the... Updated 11 Jan, 2024 10:57pm
Business & Economy Pakistan’s remittances clock in at $2.4bn in December, up 5.4% from November Inflow 13.4% higher on yearly basis, Saudi Arabia remains biggest source of remittances in December Updated 10 Jan, 2024 10:36pm
Business & Economy ‘Dubai remains popular segment’: Emirates expects strong growth out of Pakistan Dubai-based Emirates, one of two flag carriers of the United Arab Emirates (UAE), projects strong growth coming out... Updated 09 Jan, 2024 09:03pm
Business & Economy Caretaker govt intends to make Pakistani markets accessible to MENA: Dr Ejaz Caretaker Minister for Commerce, Industries & Investment, Dr Gohar Ejaz reiterated the government’s commitment... Updated 09 Jan, 2024 09:58pm
Business & Economy Caretaker govt formally launches ‘Pakistan Startup Fund’ Will aim to invest up to Rs2bn a year in startups Updated 09 Jan, 2024 10:26pm
Business & Economy PM Kakar orders ‘swift’ action against smuggling of commodities Caretaker prime minister directs relevant authorities to ensure legal trade and complete documentation in border areas Updated 08 Jan, 2024 10:44pm
Business & Economy UN projects 2% growth in Pakistan in 2024 However, growth in South Asia is projected to remain robust at 5.2% in 2024 Updated 06 Jan, 2024 09:47pm
Business & Economy Pakistan’s central govt debt at Rs63.4tr in November: SBP Short-term domestic debt shows significant decline on monthly basis Published 05 Jan, 2024 08:15pm
Stocks 10 minutes of chaos: KSE-100 reacts negatively as Senate approves resolution on election-delay Sudden political uncertainty took a toll on investor sentiment at the Pakistan Stock Exchange (PSX) on Friday, with... Updated 05 Jan, 2024 06:22pm
Energy SSGC suspends gas supply to industries, CNG stations in Sindh again The ongoing gas crisis continued to worsen in Sindh as Sui Southern Gas Company Limited (SSGC) on Friday announced... Published 05 Jan, 2024 02:55pm
Stocks Secure Logistics Group plans IPO, eyes raising at least $2.7mn: report Pakistan’s Secure Logistics Group Ltd (SLG) is planning an initial public offering (IPO) ) at the Pakistan Stock... Updated 05 Jan, 2024 06:11pm
Business & Economy Govt establishes specialised tribunal for Pakistan’s telecom sector Believes establishment of the tribunal will help lower burden on high courts concerning adjudication of technical matters Updated 04 Jan, 2024 09:44pm
Business & Economy ‘Existential crisis’: tax the undocumented sector, urges PBC Body says first task of incoming government will be to negotiate IMF programme, seek longer-term, reform-centric bailout Published 03 Jan, 2024 07:30pm
Business & Economy Pakistan’s bond rally may extend into 2024 contingent on another IMF bailout: report Investors believe govt is expected to secure another bailout from IMF Updated 03 Jan, 2024 09:44pm
Business & Economy Pakistan’s trade deficit shrinks over 34% to $11.15bn in 6MFY24 Stood at $16.97bn in same period of the previous year Updated 02 Jan, 2024 09:03pm
Business & Economy Pakistan’s startup funding falls 77.2% in 2023 Total amount stood at $75.6mn against $332.4mn in 2022 Published 01 Jan, 2024 04:59pm