FBR collects Rs2,069bn revenue in seven months
A revenue of Rs2,069 billion was collected in the first seven months of fiscal year 2018-19 (FY19) as compared to Rs1,995 billion...
The giant Chinese companies shaping the world’s industries
China's state-backed CRRC is the world's largest train manufacturer, with annual revenues of $29bn
Chinese smartphone makers are taking a larger...
ICSID admits Pakistan’s application for revision of award conferred in Karkey case
In October, the government of Pakistan (GoP) had sought the court to throw out the Karkey Karadeniz suit seeking to confirm an $846 million arbitral award stemming from a rental power project
Zameen.com’s parent company now has $100 million more to invest
DUBAI: Emerging Markets Property Group (EMPG) has raised $100 million in a Series D funding led by KCK Group and eight other...
Pakistan ranked 131st freest economy, receives freedom score of 55: Report
According to the report, the country’s overall score has risen by 0.6 points, with increased scores for judicial effectiveness and property rights outmatching declines in monetary freedom and fiscal health
Govt likely to rationalise gas prices to facilitate consumers
ISLAMABAD: Initial findings of a probe into inflated and excessive gas bills to domestic consumers have been presented to the ministers for finance...
Cabinet Division asked to probe alleged misuse of monetisation policy
ISLAMABAD: Prime Minister Imran Khan on Friday summoned a report from the Cabinet Division on the alleged misuse of monetisation policy.
According to sources,...
Pakistan, Turkmenistan pledge to play vital role in regional economic growth
ISLAMABAD: Senate Chairman Muhammad Sadiq Sanjrani said on Friday that enhanced regional and transregional cooperation would not only transform the bilateral ties among...
Headless PSM causing Rs120m loss per day
In the first six months of PTI govt, Pakistan Steel Mills caused a loss of Rs20bn
ISLAMABAD: Pakistan Steel Mills (PSM) is causing...
Dutch investors to explore Pakistani market next month
PM's advisor urges Dutch envoy to revisit her country's travel advisory for Pakistan
ISLAMABAD: Ambassador of Netherlands Ardi Braken called on Advisor to...
Pakistan, IMF yet to reach bailout agreement
Ministry spokesman says agreement will be signed as soon as a favourable programme is given
Pakistan and the International Monetary Fund (IMF)...
Govt borrowed $2.3bn in first half FY19
ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) government has borrowed $2.3 billion in the first half of the current fiscal year (2018-19), according to the...
‘All passenger coaches to be manufactured locally from next year’
Sheikh Rasheed says PM Imran Khan will inaugurate Thal Express on Feb 11
ISLAMABAD: Railways Minister Sheikh Rasheed Ahmad said on Friday that...
PSX plunges another 445 points as bears take control
KARACHI: Bears continued to dominate the Pakistan Stock Exchange (PSX) for the third successive session, as indices, which started the day in...
Amazon’s Bezos says National Enquirer owner tried to blackmail him
WASHINGTON: Jeff Bezos, chief executive of Amazon.com Inc, has accused the owner of the National Enquirer of trying to blackmail him with...