Business

Finance minister describes talks with IMF 'constructive'

Last week the two countries agreed to push ahead with project at a 30% lower cost

PM Imran Khan should plug loopholes in different policies

With the squeeze on finances, country can issue Islamic bonds to fund different projects

In next budgetary planning, government intends to further stabilise economy
by crafting a tight fiscal policy

Due to lack of awareness, most ventures are operating outside of the formal sector

'It is requested that the subject position be filled on regular basis at the earliest in line'

Any downgrade in market status may eventually help Pakistan win back passive investors

Matthias Theis says it will help country win substantial share of global market

The announcement comes amid an intense race by countries around the world to deploy the technology

Finance Ministry had sought meetings with Mnuchin, Lagarde

Outlook of Pakistan’s economy, talks with IMF and World Bank drive index

Move comes due to a transatlantic aircraft subsidy dispute

Task Force on Textile chairman says we should take advantage of this in CPEC

Improvement due to marginally better economic growth rate, less number of people looking for jobs

Railways minister says economic stability cannot be achieved without political stability

PM Economic Advisory Council member terms global lender’s assessment as political

Authority says airline is tax defaulter of Rs955 million

Company does not currently produce LNG and any such sale would be first of its kind

Global lender seeks details of financial assistance in energy sector and projects related to defence

Supply cuts from Venezuela, Libya and Iran support perceptions of a tightening market

In the inter-bank market on Friday

Introduction of pasteurisation has led to dramatic reduction in number of people getting sick

Heads of both teams discuss issues in latest round of trade talks in Washington

Establishes Integrity Management Cell to probe corruption and embezzlement

With entry of new players, auto market has become highly competitive

Envoy says Central Asian state offers duty relief, one-window facility

This will place country’s textile sector in global limelight, promote softer image

Disagreement between frequency board, IT ministry creates obstacles

Benchmark index gains 550.23 points to settle at 37,337.87

Brent crude oil futures heading for 1.9% weekly gain and US WTI for 2.3% weekly gain

US prosecutors accuse Naqvi, partner of misappropriating investor funds

Pakistan delegation holds second day of talks with WB, IMF officials

Gives update on setting up a coastal refinery in the country

Blames high consumption, slab revision for inflated consumer bills

Expects visible improvement in Pakistan-US relations in coming days

Increase comes on back of higher net sales, income from non-core business

Previous and new govts have made 14 changes since ADP 2016-21 announcement

Stresses new administration is making efforts to increase efficiency of the airline

Proposals for budget 2019-2020 already shared with Ministry of Finance and ECC

App will notify consumers about tax receipt through a simple message

Downgrades rating of scheme aimed at preventing stunting to 'moderately unsatisfactory'

Dawood says govt is working to get wider access to foreign markets

Benchmark index increases 208.32 points to settle at 36,787.64

Report cites external debt servicing, other official payments as reasons for the decline

British PM May defends Brexit delay; critic asks her to resign

Ambassador sees bilateral trade potential of $1 billion

Warns demand fell in developed OECD countries by 0.3 million bpd

Minister says AJK govt will provide funds, land for the purpose

Rupee depreciation has given opportunity to expand operations