Govt’s efforts to ensure long-term benefits for businesses: MOF
ISLAMABAD: The Ministry of Finance has said that the government’s macroeconomic adjustment and demand management policies for stabilization have started making an...
Shanghai Electric to invest $4bn in Thar power plants
Shanghai Electric, a Chinese company, will invest $4 billion for the establishment of two more 1,320MW power plants at Thar Coal Block-I,...
Govt fails to devise revival strategies for PSM, USC
ISLAMABAD:Â Although the Pakistan Tehreek-e-Insaf (PTI) leaders have been criticising the previous governments for "failing to devise a strategy to revive the loss-making...
Imran invites joint investments under CPEC
KARACHI: Prime Minister Imran Khan on Monday expressed support for joint investments in various sectors under the China-Pakistan Economic Corridor (CPEC), as he inaugurated...
‘Dutch companies keen to invest in Pakistan’s maritime, agri sectors’
ISLAMABAD:Â Dutch Human Rights Ambassador Dr Bahia Tahzib-Lie, along with Ambassador of the Netherlands to Pakistan Wouter Plomp, called on Advisor to Prime...
Steel manufacturers demand ban on import via land routes
ISLAMABAD: As the smuggling of steel items continues at Iran and Afghan borders under the garb of some "certain rules", the steel...
Textile exports up 3pc to $3.37bn in Q1 FY20
ISLAMABAD:Â Textile exports from the country increased by 2.95pc during the first quarter of the current fiscal year (July-Sept FY20) compared with the...
Stocks bleed as KSE-100 plummets 785 points
KARACHI:Â Bears kept a tight grip on the Pakistan Stock Exchanged (PSX) on Monday, as the indices, which opened on a positive note,...
IMF, World Bank assure Pakistan of continued support
The International Monetary Fund (IMF) and the World Bank provided assurances of their continued support to Pakistan in meetings with Adviser to...
PM satisfied with economic progress
Prime Minister Imran Khan has lauded his finance team for "turning the national economy around within a year".
Taking to the social networking...
‘Cement sales decline 50pc to 70,000 tonnes per day’
LAHORE: The sale of cement in the country has declined by more than 50 per cent to almost 70,000 tonnes per day...
Pakistan to come out of FATF grey list in 2020: minister
ISLAMABAD:Â Pakistan has set a target to complete all items on its Financial Action Task Force (FATF) action plan and get upgraded from...
Market Weekly: PSX down 605 points; rupee remains stable
The Pakistan Stock Exchange (PSX) remained lacklustre in the outgoing week amid lack of market-moving triggers, following the announcement of the Financial...
PM’s economic team lauded for chalking out Pak-China FTA-II
KARACHI:Â Federation of Pakistan Chambers of Commerce & Industry (FPCCI) President Engr Daroo Khan Achakzai on Saturday appreciated the strenuous efforts made by...
Current account deficit contracts by massive 64pc
Pakistan's current account deficit (CAD) in the first quarter of the current fiscal year (FY20) declined by a huge 64pc mainly due...