Transport corridor projects to create economic surplus: WB report

ISLAMABAD: A report launched by the World Bank Group (WB) here on Thursday revealed that investment in transport corridors is expected to...

Revisions in aid to Pakistan unlikely to shake its finances: Moody’s

LAHORE: International rating agency Moody’s Investors Service (Moody’s) has maintained that Trump administration’s revision of US military aid is highly unlikely to...

21.74pc growth of food group exports in eight months

ISLAMABAD: Food group exports from the country during the first eight months of the current financial year grew by 21.74 per cent as...

Auto sector bleeds red as dollar jumps to Rs118 

KARACHI: The massive rupee devaluation of Rs7.5, which made the dollar to jump to Rs118, has had a negative affect on the...

Govt depending on non-tax revenue, borrowing to generate surplus budget: APBF

LAHORE: The All Pakistan Business Forum (APBF) has asked the government to take immediate measures as Pakistan’s medium-term debt repayment capacity has...

Market Daily: KSE 100 settles at 43539.60 points, up 176.39

LAHORE: In a narrowly traded session, bulls came out as winners. The Pakistan Stock Exchange (PSX) saw no excitement from investors at...

Govt to hire professionals to solve governance issues in power sector

ISLAMABAD: In order to address governance problems in ten power distribution companies (DISCOs), the government has decided to hire sound and experienced professionals...

CPEC to ensure prosperity in Pakistan: Governor

LAHORE: Punjab Governor Malik Muhammad Rafique Rajwana said on Monday that China-Pakistan Economic Corridor (CPEC) would prove to be a game changer...

FATF grey-listing does not affect Pakistan’s ability to borrow: IMF deputy director

The grey-listing of Pakistan by the global watchdog Financial Action Task Force (FATF) has no direct consequences for its ability to borrow...

Mexico not expecting any eminent price shocks: central bank governor

ACAPULCO: Mexico’s central bank does not expect significant shocks to inflation in the short term, the bank’s governor said on Friday, unlike 2017...

Sugarcane pricing unsettling farming community

ISLAMABAD: The Senate Standing Committee on Food Security and Research has been told that the full price of sugarcane is not being paid...

Malaysia to secure $51bn approved investments this year

KUALA LUMPUR: Malaysia is expected to secure about 200 billion ringgit approx. $51.21 billion approved investments this year, said the Malaysian Investment...

Analysts estimate increase of Rs6 per share to ASTL after SITE expansion

LAHORE: In Amri Steels Ltd's (ASTL) latest notice to the exchange it had informed about finalisation of its plans regarding the Balancing,...

Gwadar and Chabahar different since inception: Manish Tewari

WASHINGTON: Former Union Minister of State in India, Manish Tewari has made comparisons between Gwadar port in Pakistan and Chabahar port in...

Local cement prices increase by Rs 10 per bag

According to AKD Research, cement prices in the northern region have increased by Rs 10 per bag. Previously, cement prices had largely remained...