Pakistan Infrastructure Bank expected to become operational this year

ISLAMABAD: Finance Minister Asad Umar chaired a high-level meeting on Monday to discuss matters pertaining to the operationalisation of Pakistan Infrastructure Bank (PIB)...

Turkey finalising strategic economic framework for future investments in Pakistan

Envoy says Turkish President Recep Tayyip Erdogan will be visiting Pakistan on a convenient date after March this year ISLAMABAD: Ambassador of Turkey...

‘Six SEZs to be rationalised by June’

BoI official says applications for setting up private SEZs are being considered for further approval ISLAMABAD: The government has given top priority to...

‘Indo-Pak tensions will only discourage new investments in region’

ICCI president says India should lead the efforts for regional integration instead of imposing trade conditions on Pakistan ISLAMABAD: Islamabad Chamber of Commerce...

Govt remains indecisive over sin tax as FBR ‘intervenes’

ISLAMABAD: The decision to impose 'sin tax' on cigarette packets still hangs in the balance as the federal cabinet is yet to approve...

PSX sheds 409 points in triggerless trade

KARACHI: The Pakistan Stock Exchange (PSX) started the first trading session of the week on a dull note, as indices kept following the...

Pakistan’s biggest state run retail chain inching towards privatisation

ISLAMABAD: Pakistan's biggest state-run retail chain, Utility Stores Corporation (USC)- which is currently facing a decrease in sales, closure of large number outlets...

Afghanistan launches new export route to India through Iran

KABUL: Afghanistan began exports to India through an Iranian port on Sunday, official said, as the landlocked, war-torn nation turns to overseas...

$1bn Chinese investment in social sector expected to be announced

ISLAMABAD: A team of Chinese experts is scheduled to visit Pakistan this week which is expected to announce and investment of over $1...

China’s Xiaomi unveils 5G smartphone

BARCELONA: China’s Xiaomi, the world’s fourth-largest smartphone maker, unveiled a smartphone on Sunday that will be able to take advantage of new...

Trump says trade talks with China were ‘very productive’

WASHINGTON: United States (US) President Donald Trump said on Sunday that trade talks a day earlier with China had been “very productive,” as...

Govt releases Rs2.156bn for Finance Division projects

ISLAMABAD: The government has released Rs2,156.118 million for various projects of the Finance Division under the Public Sector Development Programme (PSDP 2018-19)...

Ahead of Trump-Kim summit, South Korean firms in Vietnam dream of return to North Korea

HANOI: In early 2016, Choi Dong-jin and some 120 other South Korean business owners reluctantly shuttered factories at a jointly run North...

Omar Ayub Khan inaugurates training simulator at NTDC

LAHORE: Energy (Power Division) Minister Omar Ayub Khan and Embassy of Japan Deputy Chief of Mission Yusuke Shindo jointly inaugurated the Technical Services...

Asad Umar highlights economic achievements of PTI govt

Finance Minister Asad Umar on Friday posted on social media a graphical demonstration that highlighted improvements in the country's economy during the...