KARACHI: Benefits of economic recovery in Pakistan are being transferred across the board as sources of income are growing and that are reflective...
KARACHI: Pakistan International Airlines announced a voluntary separation scheme on Monday giving a two-week deadline to employees for a decision...
KARACHI: Pakistan has averted the potential risk of rating downgrade by Moody’s Investor Service that now bets on a lower probability of the...
KARACHI: Pakistan has averted the potential risk of rating downgrade by Moody’s Investor Service that now bets on a lower probability of the...
KARACHI: Moody’s Investors Service sees Pakistan to make up for an expected drop in remittances with reduction in oil import bills as a global...
KARACHI: Trade deficit narrowed 27.1 percent to $23.1 billion in the last fiscal year of 2019/20, but the reduction was mainly caused by suppressing...
KARACHI: Aviation ministry seems to have made some ‘serious’ blunders in compiling a list of pilots from Pakistan International Airlines with...
KARACHI: Italy-based Eni SpA is seeking an exit from Pakistan’s upstream sector that according to the company’s own estimate embraces massive...
KARACHI: Large scale manufacturing lost almost its half during April – an unprecedented industrial debacle in Pakistan’s history, but this was...
KARACHI: Lockdown-driven social distancing has catalysed digital transition in Pakistan unfolding economic opportunities for people to make lemonade...
KARACHI: The government on Thursday slapped Rs40 million of penalties on six oil marketing companies for their noncompliance with the storage...
KARACHI: The International Monetary Fund has hinted at a possibility of renewing conditions with regard to the $6 billion loan program for Pakistan...
KARACHI: Trade deficit narrowed 35 percent month-on-month in May as exports rebounded 45.4 percent after gradual ease in lockdown and imports fell...
KARACHI: Consumer inflation fell to 11-month low of 8.2 percent in May when oil prices tumbled and the coronavirus lockdown suppressed demand for...
The State Bank of Pakistan , citing the United Nations, said roughly four out of 10 people in Pakistan face multidimensional poverty
KARACHI: Oil and Gas Regulatory Authority on Friday warned oil marketing companies of legal action if they couldn’t turn up monthly sales and...
KARACHI: Moody’s on Tuesday linked any downgrade in ratings of Pakistan’s five big banks with risks to their credit profiles emanating from the...
KARACHI: Credit rating agency Moody’s is carrying out a review for its Pakistan’s B3 rating, suggesting on Thursday a potential downgrade if the...
KARACHI: Pakistan Stock Exchange has kept up its emerging market status in the semi-annual index review by Morgan Stanley Capital International ...
KARACHI: Amid the coronavirus tumult, large scale manufacturing sharply contracted 22.95 percent year-on-year in March with the lockdown throwing...
KARACHI: Pakistan Business Council has termed the IMF’s revenue projection for the next fiscal year as unrealistic, fearing a further burden on...
KARACHI: Annual consumer inflation fell to an eight-month low of 8.5 percent in April, compared to 10.2 percent in March due mainly to falling...
KARACHI: Pakistan Stock Exchange on Wednesday proposed revenue-neutral incentives for the upcoming budget to increase the size and depth of the...
KARACHI: The government on Friday announced reduction in profit rates for national savings schemes with immediate effect in line with cuts in the...
KARACHI: Subdued consumer demand adversely hurt performances of auto, steel and petroleum sectors accounting for major contribution to the big...
KARACHI: Foreign funds have so far withdrawn $269.6 million of investments from government papers in the current month, the central bank’s data...
KARACHI: Oil rout is expected to strengthen Pakistan’s current and fiscal account positions, as it would cause a significant reduction in...
KARACHI: Pakistan’s gender gap in mobile ownership and usage happens to be the widest in the world, a global telecoms lobby GSMA finds in a...
KARACHI: Financial services company Credit Suisse is expecting the State Bank of Pakistan to slash interest rates in the range of 100 to 200 basis...
KARACHI: Asian Development Bank kept its growth forecast for Pakistan unchanged at 2.8 percent for the current fiscal year of 2019/20 in its report...
KARACHI: Pakistan ranks as the 94 most complex country in the world in the Economic Complexity Index as the country’s exports are narrowly...
KARACHI: Pakistan’s readiness to ecommerce lacks lustre compared with its peer economies in the region, keeping the benefits of inclusive digital...
KARACHI: Consumer inflation picked up at the fastest pace in nearly 8 years in November to 12.67 percent year-on-year on extraordinary high food...
KARACHI: A new wave of tech start-ups is cropping up in Pakistan to provide logistics to ecommerce businesses with big names, including ride-hailing...
KARACHI: Anomaly in procurement of gas meters by Sui Southern Gas Company from a French firm involving half a billion rupees has been kept on the...
Karachi: Pakistan’s big leap in a World Bank index didn’t catch many by surprise as the digital economy foundation laid by the previous...
KARACHI: Pakistan needs to address a major challenge of low mobile internet adoption to maximise the potential of digital transformation and...
KARACHI: The World Bank has attributed the low reliance of Pakistani textiles and apparel exporters on imported artificial fibers to exorbitant...
“To unlock Pakistan’s $36 billion digital finance potential, it will take high-level commitment, faster payments gateway, lower costs, fast...
KARACHI: The International Monetary Fund on Monday attributed the subdued access of women to credit in Pakistan to absence of any law in the...
KARACHI: Trade deficit sharply narrowed 35.86 percent year-on-year to $3.924 billion in the first two months of the current fiscal year of 2019/20...
KARACHI: The International Monetary Fund wants Pakistan to meet development needs from tax revenue rather than debt accumulation as its lending...
“The region’s top five recipients of remittances in 2018 were India , China , the Philippines , Pakistan , and Viet Nam ,” the ADB said in its...
KARACHI: Pakistan barely exports four percent of beef and veal produced in a year as absence of livestock policy hinders tapping of potential...
This is despite a fact that the country is among the top 10 beef and veal producers in the world. The country annually produces 1.8 million tons of...
KARACHI: Pakistan is likely to get a raving response in overseas debt market and the planned Eurobonds would let it have up to three billion dollars...
KARACHI: Consumer inflation bounced back to almost five years high of 9.11 percent year-on-year in May, partly reflecting a deep slump in the...
KARACHI: Share of renewable energy has surpassed the global average in Pakistan – one of the world’s top 20 countries accounting for three...
PayPal’s absence in Pakistan’s e-commerce sector has paled into insignificance with increasing penetration of wire transfer services, digital...
he State Bank of Pakistan is expected to push interest rate up over 100 basis points in the upcoming monetary policy announcement scheduled next...
