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Pakistan’s central bank raised its key policy rate by 100 basis points to 16% on Friday in an unexpected move to ensure high inflation does not get entrenched. Including this...
AD Ports Group and Transmar International Shipping Company (Transmar) have launched a new container shipping service that will link Karachi, Pakistan’s busiest port, with the major maritime economies of the...
Inayat-ur-Rahman, Business Editor Pakistani telecom Group, PTCL, and Ufone 4G, both subsidiaries of e& (formerly known as Etisalat Group), have signed an agreement with evision to launch its own...
Pakistan’s new finance minister, Ishaq Dar, told Reuters on Friday that he will seek rescheduling of some $27 billion worth of non-Paris Club debt largely owed to China, but will...
Inayat-ur-Rahman, Business Editor Pakistan has always had strong ties with UAE, and hence it is certainly desirous to further strengthen inter-nation relations through collaborations across various segments. This was...
Pakistan’s central bank on Monday kept its key policy rate unchanged at 15 per cent at a scheduled meeting of its monetary policy committee, the bank said in a statement....
Pakistan will not seek debt restructuring from Paris Club creditor nations, the country’s finance minister Ishaq Dar said on Sunday as he sought to restore market confidence after a credit...
Pakistan’s new finance minister Ishaq Dar said on Wednesday he will work to rein in inflation while cutting interest rates, saying the rupee currency was undervalued and promising a strong...
The catastrophic floods in Pakistan have caused economic damages from $10 billion to $12.5 billion apart from the loss of lives as estimated by the government, projecting a rise...
Pakistan Finance Minister Miftah Ismail expects the economy to grow more than 3.5% for the fiscal year that started in July, Bloomberg News reported on Saturday. Ismail predicted inflation, running...
