Ten years ago Chenab Limited defaulted on its loans. Now it looks towards second...
This is the story of a rise, a fall, and possibly a second act. Over the past fifteen years the Chenab Group has faced...
Fitch affirms Pakistan’s rating at ‘CCC’ with stable outlook – Viral News
In its recent assessment, US-based credit rating agency Fitch Ratings has chosen to affirm Pakistan's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'CCC'.
Despite some...
Pakistan’s case absent from IMF agenda until mid-December – Viral News
Pakistan’s inclusion in the International Monetary Fund’s (IMF) executive board schedule is delayed until mid-December, hindering the approval of the staff-level agreement (SLA) and...
Exporters worried as Afghanistan raises kinnow customs duty by 43.5pc – Viral News
The Afghan government has implemented a substantial increase in customs duty on kinnow imports effective from November 27, causing concern among exporters and local...
Pakistan loan tranche review not included in IMF board meeting agenda till mid-Dec –...
IMF might hold parleys on second review probably after elections.Â
The ongoing SBA programme is going to expire on April 14, 2024.
Islamabad’s...
PSX touches new heights as rupee continues downward trend – Viral News
KARACHI:
The Pakistan Stock Exchange (PSX)Â hit a new all-time high and crossed the 55,000 points barrier for the first time in history while the local...
Global unemployment to rise in 2024 amid labour market fragility, ILO report warns –...
The global labour market is facing a bleak outlook for 2024, as an extra two million workers are expected to join the ranks of...
Rs69bn tax evasion scheme involving ‘flying invoices’ uncovered – Viral News
The Federal Board of Revenue (FBR) has uncovered a tax evasion scheme involving fake and flying invoices, amounting to Rs68.779 billion by just one...
EU envoy urges businesses to capitalise on new GSP+ – Viral News
KARACHI:
The Ambassador of the European Union (EU), Raina Kionka, has encouraged businesspeople to diversify their exports to the EU to maximise the benefits of...
Little prospect of Russia oil deal – Viral News
ISLAMABAD:
Russia is reluctant to strike a long-term commercial oil export agreement with Pakistan at a price cap of $60 per barrel, say officials.
The European...