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Dawn Business![]() |
• Extension of $2bn loan deadline comes amid Pakistan-IMF talks • Govt official says move to ‘strengthen govt’s position’ during negotiations •...
ISLAMABAD: The value-added textile and clothing sector has asked the government to lower tax rates to boost export competitiveness. This demand was...
ISLAMABAD: The removal of government support prices, along with low domestic rates, has affected the current sowing season, causing wheat farmers...
KARACHI: Despite some benchmark slippages, better-than-expected smooth talks with the visiting International Monetary Fund (IMF) mission for the...
ISLAMABAD: Federal Minister for IT & Telecom Shaza Fatima Khawaja said on Saturday that Pakistan was not just bridging the gender gap in technology...
KARACHI: Inflows of remittances are higher than ever and the exchange companies alone could accumulate $5 billion by the end of Ramazan, said exch...
ISLAMABAD: The United Nations Trade and Development (UNCTAD) has stated that global trade despite progress continued to undervalue women’s...
ISLAMABAD: At the conclusion of technical talks with the International Monetary Fund (IMF), Pakistan has proposed no additional taxation measures,...
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has expressed concerns over a 10 per cent decline in Karachi’s industrial power...
KARACHI: To ensure enhanced security with the rising digitisation of the financial system, the State Bank of Pakistan (SBP) has decided to...
KARACHI: Pakistan Business Council (PBC) has warned that revoking the Export Facilitation Scheme (EFS) would be a catastrophic mistake which would...
China has rolled over a $2 billion loan to Pakistan, Adviser to the Finance Minister Khurram Schehzad told Reuters in a text message on Saturday....
KARACHI: The government is negotiating a Rs1.25 trillion ($4.47 billion) loan with commercial banks to reduce its bulging energy sector debt, the...
ISLAMABAD: Short-term inflation, measured by the Sensitive Price Index (SPI), recorded a negative growth of 0.87 per cent year-on-year in the week...
ISLAMABAD: Prime Minister Shehbaz Sharif on Friday said his government was working to provide a conducive environment for investment and business...
LAHORE: Taking notice of the dwindling cotton production, Prime Minister Shehbaz Sharif has formed a 15-member committee tasked with recommending...
ISLAMABAD: While urging quick decisions to arrest the sliding export patterns, textile leaders on Thursday asked Finance Minister Muhammad...
ISLAMABAD: Following the recent visits of ‘President Trump’s advisers for digital assets’, the Ministry of Finance appears to have left the...
Most analysts predict a seventh consecutive rate cut by the State Bank of Pakistan (SBP) on Monday, amid the first International Monetary Fund...
National Food Security & Research Minister Rana Tanveer Hussain reaffirmed the government’s commitment to addressing the challenges in the dairy...
US President Donald Trump said on Thursday he likely will make his first trip abroad to Saudi Arabia to seal an agreement for Riyadh to invest...
ISLAMABAD: The Appellate Bench of the Securities and Exchange Commission of Pakistan (SECP) has dismissed an appeal filed by VIS Credit Rating...
KARACHI: The foreign exchange reserve of the State Bank increased by $27 million to $11.249 billion during the week ended on Feb 28. The SBP did...
Shares at the Pakistan Stock Exchange (PSX) continued their upward trajectory on Friday as the KSE-100 index gained more than 800 points in...
Shares at the Pakistan Stock Exchange (PSX) continued their upward trajectory on Friday as the KSE-100 index gained more than 800 points in...
Bulls took control of the trade floor at the Pakistan Stock Exchange (PSX) as shares climbed more than 1,400 points on Thursday. The benchmark...
Bulls took control of the trade floor at the Pakistan Stock Exchange (PSX) as shares climbed more than 1,400 points on Thursday. The benchmark...
ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Wednesday expressed concerns about its exclusion from the...
• AGP says IMF worried over delay in audit process • PAEC says purchases made for nuclear power plant were ‘transparent’ • Rs312bn fraud foiled,...
KARACHI: The State Bank finds itself in a dilemma over the interest rate as on one hand the business community is clamouring for a cut of 500 basis...
KARACHI: After breaking a four-session losing streak overnight, the stock market on Wednesday struggled as investor sentiment remained mixed due...
ISLAMABAD: Pakistan’s industrial sector is paying almost double the electricity prices compared to China, India and the United States, and even...
The National Electric Power Regulatory Authority (Nepra) on Thursday notified a negative fuel cost adjustment (FCA) of Rs3 per unit for consumers of...
KARACHI: The retail price of sugar has surged to Rs170 per kg in Karachi, Lahore, and Islamabad due to a rise in wholesale rates amid strong demand...
KARACHI: Amid the high possibility of no further cuts in the interest rate, investors made a total of Rs2.207 trillion bids, mostly for the...
Privatisation and Investment Minister Abdul Aleem Khan on Thursday said that the government would complete all the steps to privatise Pakistan...
ISLAMABAD: Deputy Prime Minister and Minister for Foreign Affairs Ishaq Dar has expressed confidence in Pakistan’s economic development, hoping the...
KARACHI: Amid falling tax collections, the federal government’s borrowing from banks plunged 84 per cent during the first seven and half months of...
KARACHI: Better-than-expected inflation reading for February provided a stimulus to the Pakistan Stock Exchange (PSX) to break the four-session...
The federal government on Wednesday appointed Bilal bin Saqib as the chief adviser to the finance minister on the recently announced Pakistan...
KARACHI: Construction activities slightly improved as cement sales rose 7 per cent to 3.065 million tonnes in February compared to 2.869m in the...
KARACHI: The country’s oil marketing companies (OMCs) recorded sales of 1.14 million tonnes in February, up 2pc year-on-year (YoY) while down 18pc...
ISLAMABAD: After the detection of irregularities leading to the cancellation of 500-acre Port Qasim land sale last month, the Senate Standing...
ISLAMABAD: Export of services grew 6.16 per cent to $4.748 billion in the first seven months of the current fiscal year from $4.472bn a year ago,...
A delay in the audit process of state institutions has worried the International Monetary Fund (IMF), Auditor General of Pakistan (AGP) Ajmal...
ISLAMABAD: The Public Accounts Committee (PAC) on Tuesday scrutinised audit reports for the Economic Affairs Division and the Ministry of Foreign...