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Total public debt & liabilities surpass Rs30 trillion: Finance Ministry

The composition of public debt in terms of maturity profile continued to exhibit unfavourable changes during 2017-18, as the government depended mainly on short-term domestic borrowing and most of the external loans were obtained through commercial sources

Factory activity shrinks across Asia as cooling China threatens global growth

The weak Purchasing Managers Index (PMI) readings reinforce expectations that central banks in Asia will put any further interest rate hikes on hold this year

Essential documentation ongoing for timely execution of TAPI pipeline project

The TAPI Pipeline Company Limited (TPCL), the consortium leader, has expressed the desire to hold an inaugural ceremony in March 2019, in Pakistan, inviting the head of states of all four countries

Revenue collection again misses the mark, falls short by Rs187 billion

The net increase against the corresponding period of FY18 was only Rs69 billion or 3.5%.

Measures put in place to control hike in internal & external debt: Hammad Azhar

Mr Azhar said during the present governments’ tenure, loans increased by Rs 2.3 trillion but still the external and net borrowing was less than the previous year

Senate body seeks early release of funds for water sector projects

ISLAMABAD: Senate's Standing Committee on Finance on Thursday directed the Ministry of Planning Development and Reforms to ensure the appropriate release of...

Govt slashes petrol price by 59 paisa per litre

The government on Thursday has reduced the prices of petroleum products for the month of February 2019. According to notification, petrol price has...

Expats offer business facilitation centre in UAE to help Pakistani entrepreneurs

'Business centre will enable Pakistani businessmen to register their companies and small start-ups free of cost' ISLAMABAD: Business Star Center and Zamana Group of...

Japanese investors keen to explore Punjab’s leather market

LAHORE: A Japanese delegation from Japan Gloves Industry Association (JGIA), led by Tomokuni Company CEO Seiji Tomokuni, visited Punjab Board of Investment...

CMEC likely to make strategic investments in Pakistan

LAHORE: China Machinery Engineering Corporation (CMEC) Chairman Zhang Chun will be travelling to Pakistan on February 1, 2019, to make several strategic investments...

Malaysia’s edotco keen to enhance operations in Pakistan

ISLAMABAD: Malaysian firm 'edotco Group' on Thursday expressed its commitment to transforming the telecommunications landscape of Pakistan. Briefing the media about the future investment...

PM inaugurates ‘Pakistan Banao Certificate’ scheme for overseas Pakistanis

PM vows that under his government, the Pakistani diaspora will feel proud to hail from the country Says an IMF bailout...

SBP reserves surge by $1.5bn, stand at $8.1bn

The total liquid foreign reserves held by the country stood at $14.8 billion on 25th January 2019. According to a statement issued by...

AIIB to invest over $1bn in Pakistan’s infrastructure

Bank will fund $100m for Karachi Bus Rapid Transit Project and $402m for Rawalpindi Ring Road Project ISLAMABAD: The Asian Infrastructure Investment Bank...

Zulfi Bukhari persuades British Airways to help promote tourism in Pakistan

BA officials appreciate govt for providing world-class facilities at New Islamabad International Airport ISLAMABAD: In a bid to portray the positive picture of...