PSO faces severe financial crunch, as Rs200 billion bond issuance delayed

22 mins ago
Monitoring Report

State-owned Pakistan International Airlines (PIA) owes Rs48 billion to PSO and the federal government on account of price differential claims and exchange rate loss

‘Serious reservations’ in Cabinet over upcoming mini-budget

ISLAMABAD: While Finance Minister Asad Umar has announced to introduce the mini-budget on January 23, the government has yet to…

10 hours ago

‘Expert’ group expected to lead state-owned PSM’s revival

ISLAMABAD: Although Pakistan Steel Mills' (PSM) Board has yet to give the approval for the formation of an expert group…

11 hours ago

Mobile broadband fosters digital financial services

Mobile account ownership in Pakistan has witnessed a reasonable increase and crossed the 39 million mark, which was 15 million…

11 hours ago

Economic zones to help reduce trade deficit: Khusro Bakhtiar

LAHORE: Federal Minister for Planning, Development and Reforms Makhdoom Khusro Bakhtiar Sunday said Pakistan was at present facing a trade deficit…

12 hours ago

Pakistan, US agree to deepen bilateral economic ties

ISLAMABAD: Pakistan and the United States Sunday agreed to deepen bilateral economic ties particularly in the context of trade and…

13 hours ago

Economic indicators show improvement, says finance ministry

The ministry of finance's spokesperson, Doctor Khaqqan Najeeb has said that the last six months of the incumbent government have…

14 hours ago

World Bank terms progress on Dasu Dam project slower than anticipated

According to WB, land acquisition has only reached 742 acres, out of 1,987 acres needed for the construction areas and…

14 hours ago

30 companies invest $474m in Gwadar Free Zone

GWADAR: Around 30 companies have so far invested in the Gwadar Free Zone, with a direct investment of about $474…

15 hours ago

China witnesses slowest growth in 28 years

BEIJING: China is expected to report on Monday that economic growth cooled to its slowest in 28 years in 2018…

16 hours ago

Toyota, Panasonic to set up EV battery JV in 2020

TOKYO: Toyota Motor Corporation and Panasonic Corporation are set to launch a joint venture next year to produce batteries for…

16 hours ago

Govt envisions making Pakistan an irresistible business destination: Dawood

KARACHI: Advisor to the Prime Minister on Commerce, Industries and Investment Abdul Razak Dawood has said that business-friendly vision of the…

1 day ago

Trump says deal ‘could very well happen’ with China

WASHINGTON: US President Donald Trump said on Saturday there has been progress toward a trade deal with China, but denied that…

1 day ago

Efforts underway to bring foreign investment in GB: Gandapur

ISLAMABAD: Kashmir Affairs and Gilgit-Baltistan Minister Ali Amin Khan Gandapur on Saturday said efforts are underway to bring foreign investment in…

1 day ago

PIA to start flights from Sialkot to Paris, Barcelona

Flight PK-720, the first flight on the new route, will arrive from Paris to Sialkot tomorrow (Sunday) Pakistan International Airlines…

1 day ago
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