HeadlinesPakistan, China forge a $40 million textile cooperation at TEXPO 2024
Strengthening ties in Pakistan’s textile industry, a $40 million partnership between leading Chinese and Pakistani firms marks a milestone at TEXPO 2024
Oct 26, 2024
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Headlines
HeadlinesPakistan cuts debt to Chinese energy projects by 2.5% in first quarter
Outstanding debt reduced from $1.8 billion to $1.4 billion for power projects established under CPEC
Oct 26, 2024
HeadlinesFCA for August: Electricity consumers to receive Re0.85/unit refund in October
Nepra confirms refunds for August overcharges as power generation costs decline.
Oct 25, 2024
HeadlinesChina urges quicker resolution on Gwadar and ML-1 delays
Amid economic strains and security challenges, China emphasizes timely action on pending land transfers and project financing to secure CPEC's progress
Oct 25, 2024
World Business NewsRice prices hit record rise as inflation key issue in Japan election
Oct 25, 2024
World Business NewsMercedes boosts cost-cutting efforts after profits drop by Half
Oct 25, 2024
HeadlinesCPGCL urges SBP to approve $12.6m LC for critical parts to revive Guddu Power Plant
CPGCL requests urgent SBP approval to secure critical components for Guddu Power Plant, aiming to stabilize Pakistan's energy grid and prevent future blackouts
Oct 25, 2024
HeadlinesBanks struggle to boost private lending as ADR stays at 39.3%
Low private-sector lending persists as banks fall short of 50% threshold needed to avoid higher tax rate
Oct 25, 2024
HeadlinesPakistan permits GMO soybean imports to address protein supply
Government authorizes GMO soybean imports to stabilize protein supply, addressing poultry sector’s feed challenges while raising biosafety concerns
Oct 25, 2024
HeadlinesITFC to provide $3 billion in commodity financing to Pakistan
Islamic Trade Finance Corporation commits to boosting the country’s economic growth through financial support, including immediate financing worth $269 million
Oct 25, 2024
HeadlinesTelecom sector issues warning over PTCL’s potential acquisition of Telenor
Telecom giants warn PTCL’s Telenor acquisition could disrupt market balance and result in limited competition
Oct 25, 2024
World Business NewsJapan’s Nikkei leads stock decline with election concerns rising
Oct 25, 2024