Fitch downgrades Pakistan’s issuer default ratings from ‘B-‘ to ‘CCC+’
Fitch Ratings on Friday downgraded Pakistan’s long-term foreign currency Issuer Default Rating (IDR) to ‘CCC+’ from ‘B-‘, citing deterioration in the country’s […]
FATF Puts Pakistan on white list
ISLAMABAD: Minister of State for Foreign Affairs Hina Rabbani Khar Friday said Financial Action Task Force (FATF) has removed Pakistan […]
ADB approves $1.5 bn for Pakistan’s social protection, food security
ISLAMABAD: The Asian Development Bank (ADB) on Friday approved $1.5 billion in financing to help the Government of Pakistan provide […]
Election Commission of Pakistan disqualified Imran in Toshakhana reference
ISLAMABAD: The Election Commission of Pakistan (ECP) disqualified Pakistan Tehreek-e-Insaf (PTI) chairman and former premier Imran Khan on Friday as […]
Palm oil Slumps into 3,958- 4,001 ringgit range
SINGAPORE: Palm oil is biased to fall into a range of 3,958-4,001 ringgit per tonne, following its failure to break […]
Exports increase by 40 percent to Rs1.605 trillion Q1
ISLAMABAD:The exports from the country in rupee term witnessed an increase of 39.99 per cent during the first Quarter (Q1) […]
Crude Oil steady as prices hike talk counters China demand hopes
Crude Oil: prices were near flat on Friday, as optimism about a possible rise in energy demand in China faded […]
UK Prime Minister says she is Resigning Her Post
Liz Truss a UK PM said on Thursday she was resigning as prime minister, brought down by her economic programme […]
Malaysia palm market Volatile today, As global supply concerns supported losses
KUALA LUMPUR: Malaysian palm oil futures reversed early gains on Thursday as investors booked profit after prices hit a seven-week […]
Pakistan earns $426 million from IT services’ export in 2 months
ISLAMABAD: Pakistan earned US$ 426.070 million in IT export by providing different Information Technology (IT) services in various countries during […]
Pakisatan needed billions to expand CPEC
CPEC NEWS: Pakistan may seek a multibillion-dollar financing window from China to fund 10,000 megawatts solar-powered electricity generation projects, as […]
What will Pakistan’s withdrawal from the FATF gray list mean?
ISLAMABAD: The Financial Action Task Force (FATF), a global money laundering and terrorism financing watchdog, starts a two-day meeting in […]
Pakistan Foreign Investments (FDI) Slumps 47 Percent to $253.4 Mln YoY
KARACHI: Foreign Direct Investments (FDI) continued negative growth and plunged by 47 percent during the first quarter of this fiscal […]
FBR Imposed additional customs duty on Vehicles parts, accessories
ISLAMABAD: The Federal Board of Revenue (FBR) has imposed/ revised additional customs duty on the import of a wide range […]
Pakistan Govt mulling importing Russian oil: Dar
ISLAMABAD: Finance Minister Ishaq Dar said Wednesday that Pakistan is actively considering the import of oil from Russia, and if […]