Chinese businessmen pledge to invest $5bn in Pakistan

--PM says the sagacity, wisdom and vision of Chinese leadership for peace & development is worth emulating ISLAMABAD: Chinese business leaders have...

Pak envoy invites Chinese entrepreneurs to take advantage of SEZs 

BEIJING: Pakistan Ambassador to China, Moin ul Haque has invited Chinese businessmen to take advantage of the dividends of Special Economic Zones...

Waves submits EOI to purchase Heavy Electrical Complex

Waves Singer Pakistan Limited has shown an interest in acquiring 96.6pc shares of Heavy Electrical Complex (Private) Limited (HEC). According to a statement...

Elon Musk says he will launch rival to Microsoft-backed ChatGPT

Billionaire Elon Musk said on Monday he will launch an artificial intelligence (AI) platform that he calls "TruthGPT" to challenge the offerings...

SECP defers applicability of IFRS 9

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has deferred the applicability of the International Financial Reporting Standard (IFRS) 9 "Financial Instruments"...

Company registrations with SECP surge 41pc in July

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) had registered 1,525 new companies in the month of July 2019. As compared to the...

On eve of bankruptcy, US firms shower execs with bonuses

Nearly a third of more than 40 large companies seeking US bankruptcy protection during the coronavirus pandemic awarded bonuses to executives within...

Argentinian investors urged to explore Pakistani market

ISLAMABAD: President Dr Arif Alvi said on Monday that Pakistan's unique geographical location and investment-friendly regime offered lucrative business opportunities to foreign businessmen. In...

NA calls for level playing field in KP marble industry

ISLAMABAD: MNA Ali Awan on Monday stated that a level playing field should be provided to the marble businesses whether operating in the...

Countries scramble after Thomas Cook collapse strands travellers

The collapse of British travel operator Thomas Cook TCG.L has left hundreds of thousands of holidaymakers abroad and forced governments and insurers...

Oil falls as economic concerns offset prospect of tighter supplies

Oil prices slipped on Monday as concerns about fuel demand in top global oil consumers United States and China offset bullish sentiment...

Structural reforms imperative to achieve 6.7pc growth by 2023: minister

Minister says the govt envisages bringing down the consumption level from 93pc to 83pc and lifting the savings from 10pc to...

FPCCI vows to support govt in drive against tax evaders

ISLAMABAD: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) on Monday vowed to fully support the government in its crackdown on...

Govt decides to form Pak-China Business Forum

Planning Minister Makhdoom Khusro Bakhtiar revealed on Saturday that the government has decided to form a 'Pak-China Business Council', adding that names...

PM’s economic team lauded for chalking out Pak-China FTA-II

KARACHI: Federation of Pakistan Chambers of Commerce & Industry (FPCCI) President Engr Daroo Khan Achakzai on Saturday appreciated the strenuous efforts made by...