UAE signs $3bn support package for Pakistan
'The directive to deposit $3bn with SBP aligns with the UAE leadership’s keenness to bolster Pakistan’s economy'
Pakistan and the United Arab...
PSX gains 358 points on mini-budget optimism
Index has surged by 5.02pc since Jan 1
KARACHI: The Pakistan Stock Exchange (PSX) piled up gains for another session as the prime...
Pakistan, UAE to reach agreement on $3 billion support package today
Earlier this month, UAE’s crown prince Sheikh Mohammed bin Zayed Al Nahyan paid a flying visit to Islamabad and affirmed a $3 billion bailout package announced last month
China’s fourth quarter GDP growth dented by services, agriculture despite construction rebound
Services grew 7.4 percent from a year earlier, slowing from 7.9 percent in the third quarter, while growth in agriculture slowed to 3.5 percent from 3.6 percent, the National Bureau of Statistics (NBS) said
Mini-budget expected to announce incentives to bolster capital markets
As per an official, over-regulation of brokers would be controlled to facilitate equity investments
Govt could scrap regulatory duties on 150 items in mini-budget: Report
The government is going to provide an exemption of income tax for the banking sector on providing loans for low-cost housing in the country via the upcoming supplementary finance bill
IMF cuts Pakistan, region growth forecast to 2.4% for 2019
“Growth in the Middle East, North Africa, Afghanistan, and Pakistan region is expected to remain subdued at 2.4 percent in 2019 before recovering to about 3 percent in 2020,” the global lender said in its World Economic Outlook update for January.
PM expected to request Qatar for supplying LNG on deferred payment
The PM is likely to request a concessional loan similar to the one provided by the United Arab Emirates and Saudi Arabia to bolster the country’s dwindling foreign exchange reserves
FTA between Pakistan and Turkey can help increase bilateral trade
Jawad hoped with the new Economic Framework Agreement and FTA trade activities will increase and achieve the initial target worth USD two billion trade between the two countries
KP unveils Rs100.750 million package for sugarcane growers
Traditional cultivation techniques of this crop are laborious, costly and water exhaustive and per hectare yield of sugarcane of Khyber Pakhtunkhwa is low compared to other provinces of the country
UN cuts 2019 growth forecast to below 4% for Pakistan
UN said changes in trade policy can greatly decrease the rising trade costs across the region, facilitate the access to foreign inputs to exporters and enable the participation in global value chains (GVCs)
AGP recommends special audit of PIA’s offshore subsidiaries
'National exchequer is facing losses worth billions due to offshore registration of PIA subsidiaries in the British Virgin Islands'
ISLAMABAD: The Auditor General of...
Bakhtiar calls for investor-friendly regulations in Gwadar
'Gwadar will be a green, clean and environment-friendly city'
Planning, Development and Reform Minister Makhdoom Khusro Bakhtiar on Monday called for the provision...
IMC stresses need for localisation in auto sector
Indus Motor CEO urges govt to facilitate local manufacturers so as to secure foreign exchange and generate employment opportunities
ISLAMABAD: Indus Motor Company...
IT exports fetch $540m in six months
An increase of $20 million when compared to export figures of the same period last year
ISLAMABAD: The information technology (IT) and telecommunication industry...