Saudi oil refinery in Gwadar to help Islamabad save $3bn a year
The refinery would produce up to 300,000 barrels per day once completed
India levies 200% duty on imports from Pakistan
LAHORE: In retaliation to the aftermath of the deadly attack in Indian-occupied Kashmir on Friday, India has announced an imposition of 200%...
Pakistan asked to bear transportation cost of Gwadar oil refinery project
The country will require a huge amount to ensure timely completion of pipelines between Gwadar and Karachi, and Gwadar and Nawabshah
ISLAMABAD:Â As...
Petroleum Division devises three-pronged strategy to curb gas sector losses
ISLAMABAD:Â The Petroleum Division has submitted with the Federal Cabinet a three-pronged strategy to address the issue of approximately Rs50 billion worth annual...
Thousands fired from $30bn Bangladesh garment sector
Garment worker Rabeya started protesting on the streets of Dhaka in early January to pressure her employer -- one of Bangladesh's major...
‘Withdrawal of MFN status to Pakistan will hurt India more’
Sources say the decision will hardly impact Pakistan as its exports to India stand at a meager $410m
ISLAMABAD: The Indian government’s announcement with...
Interloop gears up for March IPO, roadshows to commence in Lahore, Karachi next week
Interloop’s IPO could become the country’s largest private sector listing on the Pakistan Stock Exchange, eclipsing that of the bourse which raised Rs4.5 billion in 2016
Building and construction material exhibition fails to attract interest
LAHORE:Â The first two days of a three-day exhibition of building and construction materials held by The Institute of Architects of Pakistan (IAP)...
Mobile phone imports increase by 13.1pc in seven months
Pakistan imported cell phones worth Rs55 billion in the first seven months of the ongoing financial year (FY19), Pakistan Bureau of Statistics...
Facilitation of businesses imperative for economic growth: LCCI
'A change in the modes of payment will help increase the number of taxpayers'
LAHORE:Â Lahore Chamber of Commerce and Industry President Almas Hyder...
PSX closes week on bearish note, sheds 400 points
Inflows of $1.6m during the week depicted muted foreign interest while average daily turnover stood at 125m, down 34.7pc WoW
Investors...
Bank lending for ‘real economy’ key to boost China growth: central bank official
China’s banks made the most new loans on record in January following a series of moves to boost lending as authorities try to prevent a sharp slowdown in the world’s second-largest economy
Global e-commerce sales will skyrocket to $3 trillion by 2022: Fitch Solutions
China is the largest e-commerce market globally with total e-commerce sales forecast at $834 billion in 2019 and projected to further rise to $1.24 trillion by 2022
Fed policymakers see one U.S. rate hike, or none, as growth slows
A weak retail sales report for December released this week was followed on Friday by a report showing manufacturing production posted its biggest decline in eight months in January
China to extend $3.5 billion in grant and loans: Report
Officials revealed Beijing has also pledged to an additional $1 billion for health, education, drinking water, vocational training and poverty alleviation projects over the next three years