Japan downgrades second-quarter GDP as trade war hits business investment
TOKYO: Japan’s economy grew at a slower pace than initially estimated in the second quarter as the US-China trade war prompted a downward...
China expedites work on $1.7bn Matiari-Lahore transmission line
BEIJING: China has expedited its initial work on the Matiari-Lahore high-voltage direct transmission line project valued at $1.7 billion.
To kick off the...
SBP governor urges private sector to follow rules
State Bank of Pakistan (SBP) Governor Dr Reza Baqir on Saturday emphasised the need for the private sector to abide by the...
Second phase of China-Pakistan FTA to be finalised in Oct: envoy
ISLAMABAD:Â While expressing satisfaction over the pace of work on the China-Pakistan Economic Corridor (CPEC) projects, Ambassador of China to Pakistan Yao Jing...
‘Pakistan won’t renegotiate IMF programme despite ambitious targets’
MoF places high interest rate, currency devaluation and shortfall in FBR revenue among reasons behind fiscal deficit
Says standoffs at Pak-India...
PM vows to address textile sector’s woes
ISLAMABAD:Â Prime Minister Imran Khan on Friday assured a business delegation that the government would take all possible measures to address the issues...
FBR amends rules to facilitate SME exports
ISLAMABAD: The Federal Board of Revenue (FBR), through a notification issued on Friday, said it has amended the Export Oriented Units and...
Saudi companies urged to invest in Pakistan’s energy sector
ISLAMABAD:Â Adviser to Prime Minister on Commerce Abdul Razak Dawood has urged the Saudi companies to invest in the power sector in order...
NPMC contemplates measures to control inflationary pressures
CCP asked to keep a vigilant check on undue profiteering, cartelization and monopolistic practices
Punjab govt directed to share its online...
Govt to launch three livestock projects worth Rs7.4bn this month
ISLAMABAD: The government has decided to launch three livestock projects, worth Rs7.4 billion, this month.
According to the documents available with this scribe,...
Chinese assistance in Pakistan’s development lauded
ISLAMABAD:Â Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh said that the China Pakistan Economic Corridor (CPEC) was one...
KSE-100 gains 252 points amid volatile trading
ISLAMABAD:Â It was a short but eventful session at the Pakistan Stock Exchange (PSX) on Friday, as the indices swung in both directions...
SBP reserves up $9m to $8,28bn
The foreign exchange reserves held by the State Bank of Pakistan increased 0.11pc on a weekly basis, according to data released by...
Pakistan’s forex reserves vulnerable to external threats: Moody’s
Pakistan's foreign exchange reserves continue to remain vulnerable of external pressures, while liquidity risks also remain high, said Moody’s in a periodic...
FBR officials directed to record all interactions during market visits
ISLAMABAD:Â Prime Minister Imran Khan on Thursday directed the Federal Board of Revenue (FBR) officials to ensure on-the-spot recording of all official interactions...