France’s unemployment rate falls to lowest level since 2009
President Macron in 2017 had pledged to bring unemployment down to 7pc by 2022
PARIS: France's jobless rate fell to 8.8pc in...
PSX closes 37 points lower amid dull trading
KARACHI:Â Bearish sentiments continued to dominate the Pakistan Stock Exchange (PSX) on Thursday as well. The indices kept slipping all day long amid...
U.S.-China trade talks move to higher level as deadline looms
Chinese trade data released on Thursday showed imports from the United States fell 41.2 percent from a year earlier to $9.24 billion, the lowest amount in dollar terms since February 2016
Pakistan to request Saudi Arabia for commencement of dialogue on PTA
According to official sources, the PTA will envelop tariff and non-tariff barriers (NTBs) which will aid Pakistan in diversifying its export portfolio to Saudi Arabia
SBP to cease issuance of Rs40,000 prize bonds from 15th Feb
The decision was taken to appease global watchdogs, who had doubts about the investment of black money via these bonds
Foreign banks eye financial advisory role in divestment of two LNG fired-power plants: Report
This divestment would rank as the country’s largest privatization deal since 2005 when Etisalat acquired a controlling stake in Pakistan Telecommunications Limited (PTCL) for $2.6 billion
Federal govt debt rises by Rs2.42 trillion to Rs26.64 trillion in 1st half of FY19
Around Rs200 billion in debt was added in December alone, however, the speed of debt accumulation has slowed due to a relatively stable exchange rate
CCoE gives approval for import of LNG
CCoE has instructed the petroleum division to move forward with the development of the LNG infrastructure needed to transport additional LNG from Port Qasim to Pak Land
SSGC, SNGPL to charge different tariffs for RLNG supply to domestic and industrial consumers
The management committee of SNGPL in a meeting decided to regularize enhanced loads of commercial and industrial consumers on condition they are prepared to bear the bills of enhanced loads to them at RLNG tariff
CCoP directs PIA to formalize proposal regarding future prospects of Roosevelt hotel
The Commerce Division was also directed to fast track the study and evaluation regarding insurance and reinsurance sector, (SLIC, NICL & Pak Re-Insurance Company) along with the need for regulatory framework improvements, which should precede process of privatization
Govt will require to reduce borrowings from central bank, implement VAT under IMF programme: Report
According to official sources, the IMF will demand to attain a primary balance of budget into surplus, which is presently seeing a huge deficit
Pakistan expects 8 investment deals during Saudi prince’s visit
Total Saudi investments could reach $20 billion over the next few years, the Board of Investment said in a statement, without providing any detailed breakdown
Govt taking keen interest in K-Electric’s acquisition deal: CEO
'Shanghai Electric Power's acquisition of KE and the reported $9bn investment plan will be beneficial for not just Pakistan's power sector...
Import of transport services decreases 11.54pc in five months
ISLAMABAD:Â The import of transport services by Pakistan from other countries witnessed a decrease of 11.54 per cent during the first five months...
20 more freight trains to be launched this year: minister
Jinnah Express and Sir Syed Express will be launched next month
RAWALPINDI:Â Federal Minister for Railways Sheikh Rasheed Ahmad said on Wednesday that...