CPI-based inflation increases to 6.05pc in Dec 2018
ISLAMABAD:Â The Consumer Price Index (CPI) reached 6.05 per cent in December 2018 from 3.75 per cent in December 2017, according to Pakistan...
Jazeera Airways launches direct flights between Kuwait and Karachi
Jazeera Airways, Kuwait's leading low-cost airline, operating regionally and internationally, has launched its direct flights to Karachi, serving Pakistan's most populous city...
Govt appreciates budget proposals from tax bar bodies: Haroon Akhtar
ISLAMABAD: Special Assistant to Prime Minister on Revenue Haroon Akhtar Khan has said the government values the contribution of tax bar associations...
Trade balance to improve in Pakistan’s favour after revised FTA with China: Sartaj
ISLAMABAD: Planning Commission Deputy Chairman Sartaj Aziz on Tuesday hoped that after the finalisation of revised Free Trade Agreement (FTA) between Pakistan...
PM stresses use of modern technology to increase cotton production
ISLAMABAD: Prime Minister Imran Khan has said the cotton crop has played an important role in the national economy and has given...
Foreign governments should treat Chinese investments fairly: SASAC chief
BEIJING: Foreign governments should treat Chinese firms’ investments in their respective jurisdictions fairly, Xiao Yaqing, the head of China’s state assets regulator,...
SBP raises interest rate to 12.25pc as economic slowdown continues
KARACHI: The State Bank of Pakistan (SBP) on Monday increased its benchmark interest rate by 150 basis points (bps) to 12.25 per...
CPEC phase-I to be completed by Oct this year: envoy
ABBOTTABAD: China Pakistan Economic Corridor (CPEC) phase-I would be completed by October this year, said Ambassador of China to Pakistan Yao Jing...
Nosheen Javed to head FBR in Zaidi’s absence
ISLAMABAD:Â In the absence of the Federal Board of Revenue (FBR) Chairman Shabbar Zaidi, the federal government has appointed Member Admin Nosheen Javed...
China is Pakistan’s largest trading partner, says PCJCCI president
President PCJCCI, Shah Faisal Afridi said China is playing an increasingly central role in the global economy and this is also reflected in Pakistan-China relations
‘China to setup 19 factories in Gwadar’
Chinese Ambassador to Pakistan Yao Jing has said that his government was going to establish 19 factories in Gwadar to create job...
Stocks post modest gains amid mixed sentiments
KARACAHI:Â The Pakistan Stock Exchange (PSX) managed to end the week on a positive note, with the indices posting decent gains amid range-bound...
57th CPEC progress review meeting to be held tomorrow
ISLAMABAD:Â As the Joint Coordination Committee (JCC) of China Pakistan Economic Corridor (CPEC) is scheduled to be held in Beijing next month, the...
Remittances from overseas Pakistanis reaches $17.464b during FY 2016-17
Foreign remittances record a 2pc fall on a YoY basis.
Karachi: Overseas remittances from expatriate Pakistani’s were recorded at $17.464b in the eleven...
Stocks gain 593 points to storm past 45,000 level
KARACHI: Bulls dominated the Pakistan Stock Exchange (PSX) on Wednesday, with the benchmark index crossing the 45,000 mark amid improved market sentiment.
Global...