BOI committed to improving Pakistan’s EODB ranking
Official says Pakistan will be ranked among top 100 countries by the time World Bank releases its next EODB rankings
ISLAMABAD: The Board...
Pakistan receives $2.2bn under Chinese loan arrangement
The State Bank of Pakistan (SBP) on Monday announced that it had received RMB15 billion – equivalent to $2.2 billion – as...
SBP report stresses investments in human capital, technology
'Monetary tightening along with exchange rate adjustments, reduction in development expenditures of federal govt and regulatory measures helped contain domestic demand'
KARACHI: The...
PSX sheds 403 points amid low turnover
Market participation decreased by 33pc, from 54.20m shares in the previous session to 36.49m shares
KARACHI: The Pakistan Stock Exchange (PSX) witnessed a...
Export of transport services falls 25.4pc in seven months FY19
ISLAMABAD: The export of various transport services generated a revenue of $425.639 million during the first seven months of the current fiscal year...
Underutilisation of PGPC’s LNG terminal may cost govt $40m in 2019
ISLAMABAD: Pakistan LNG Terminal Limited (PLTL) has said that the gas consumers would have to pay an additional amount of approximately $40 million...
China can speed up financial sector opening, official says
BEIJING: China can speed up the opening of its financial sector if the United States is unhappy with the pace because it will...
Italy endorses China’s Belt and Road plan in first for a G7 nation
ROME: Italy endorsed China’s “Belt and Road” infrastructure project on Saturday, the first Group of Seven (G7) industrialized power to do so, as...
‘Issuance, payment of promissory notes expected next month’
FBR chairman says the system will take its own course if people fail to fulfill their tax obligations
FAISALABAD: Federal Board of Revenue...
Cement exports rise 52pc in eight months FY19
KARACHI: Cement exports during the first eight months of the current fiscal year (from July 2018 to Feb 2019) registered a growth of...
Proton officially enters Pakistani car market
ISLAMABAD: The joint venture between Malaysia's Proton and Pakistan's Al-Haj Group has been the centrepiece among a series of agreements signed between Pakistan...
Urea off-take rises by 5pc in February
ISLAMABAD: Urea sales witnessed a nominal rise of 0.9pc during the five months of this year's Rabi season (Oct-Feb FY19), as per the...
Pakistan, Malaysia sign agreements for strengthening economic ties
Agreements signed for 'five big projects', says Asad Umar
Both countries agree to take joint action against Islamophobia
ISLAMABAD: Pakistan and Malaysia on...
Weekly inflation falls 0.19pc
The weekly inflation for the combined income group during the week ended on March 21 witnessed a decrease of 0.19pc as compared...
PM’s aide for exploiting trillion-dollar Halal food market
ISLAMABAD: Advisor to the Prime Minister on Commerce Abdul Razak Dawood has stressed the need to exploit the trillion-dollar Halal food market through...