Mini-budget later this month to lay foundation of country’s strong economy: Fawad Chaudhary

The information minister said the government would rise to the expectations of the public

China requested to remove 1320MW power project from CPEC

Also, hundreds of other schemes coming under the ambit of the Public Sector Development Programme (PSDP) will also be shelved

Why Pakistan’s cotton value-chain has begun to atrophy

The industry blames a lack of government support, but capital appears to be shifting away from manufacturing, and the economics of growing other crops is better than that of cotton

Rashakai Special Economic Zone to be inaugurated in first quarter of 2019

BEIJING: Rashakai, one of the nine Special Economic Zones (SEZ) prioritised under the China-Pakistan Economic Corridor (CPEC) framework is likely to start...

Service trade deficit shrinks by 35.4pc

ISLAMABAD: The service trade deficit during first five months of the year 2018-2019 has witnessed a whopping decline of 35.4 per cent...

Cement sales increase by 21pc in south region

ISLAMABAD: The sale of cement in the southern region of the country has increased by 21 per cent from 3.38 million tons...

Debt skyrocketing but manageable: PEW

ISLAMABAD: The Pakistan Economy Watch (PEW) on Sunday said that the country's total debt stocks that have jumped to over Rs26.5 trillion are...

Finance Bill to have incentives for business community, says Asad Umar

ISLAMABAD: Finance Minister Asad Umar on Sunday said that a number of incentives will be announced for the business community in the Finance...

Zimbabwe plans new currency as dollar shortage bites

HARARE: Zimbabwe will introduce a new currency in the next 12 months, Zimbabwe finance minister said, as a shortage of United States...

Volkswagen could face recall of more cars over emissions: report

BERLIN: Germany’s Federal Motor Transport Authority (KBA) is considering recalling more Volkswagen cars due to its emissions scandal, the Bild am Sonntag...

US warns German firms of possible sanctions over Russia pipeline

BERLIN: The US ambassador to Germany has warned companies involved in the construction of the Russian-led Nord Stream 2 gas pipeline that...

German antitrust watchdog to act against Facebook: report

BERLIN: Germany’s antitrust watchdog plans to order Facebook to stop gathering some user data, a newspaper reported on Sunday. The Federal Cartel Office,...

Bangladesh garment manufacturers raise workers’ pay amid further protests

DHAKA: Garment manufacturers in Bangladesh have agreed to raise workers’ pay, the Bangladesh commerce minister said on Sunday, urging people to return...

Poland could consider limits on use of Huawei products

WARSAW: Poland could consider a ban on the use of Huawei products by public bodies and possible legislation to curtail their use...

Punjab Governor urges expats to invest into Pakistan

DUBAI: Punjab Governor Chaudhry Muhammad Sarwar while on a visit to Dubai on Saturday, urged the overseas Pakistani's to provide full support in...