China issues nationwide ‘negative’ investment list

Industries not on the list are open for investment to all and require no approval

China won’t resort to massive stimulus but more easing seen: central bank adviser

To ward off a sharp slowdown, China has unveiled a raft of policy measures this year, including four rounds of reserve requirement ratio cuts to boost lending, along with lower taxes and fees, and moves to fast-track infrastructure projects

Power Division to share PPA details with CCoE

The details will include the financial ramifications of operating certain power plants out of the order of merit because of system constraints

IMF demanding implementation of free float exchange rate mechanism in Pakistan

The IMF has sought full disclosure of all the financing details regarding CPEC projects with projected inflow and outflow figures for a number of years

Pakistan remained a net loser in FTAs with Indonesia, China, Malaysia and Turkey: Dawood

Govt planning to give a comprehensive industrialisation policy, wherein, the focus will be on engineering, chemical, IT and agriculture sectors instead of the textile sector alone, said Dawood

Govt produces ten-point economic strategy for boosting growth

Officials stated the government is going to approve an SME policy in current FY19 and bolster Small and Medium Enterprise Development Authority (SMEDA) in the next financial year

Foreign loan disbursements to Pakistan recorded at $1.7 billion

Pakistan external financing requirements have been revised to $22 billion on expectations that the current government would be able to rein in current account deficit to $13 billion in current FY19

Pakistan, Egypt agree on measures to boost bilateral trade

ISLAMABAD: Pakistan and Egypt on Monday agreed to take measures like visa facilitation for businessmen, exchange of trade-related information and business delegations as...

‘Govt striving hard to make garment industry competitive’

LAHORE: Adviser to Prime Minister on Commerce Abdul Razak Dawood has said the government is taking all necessary measures to make the...

Efforts underway to improve trade ties with regional countries: Asad Umar

‘Economic and trade policies are being formulated to ensure provision of job opportunities to the youth’ QUETTA: Finance Minister Asad Umar said on...

Statistics Division asked to focus on poverty mapping for targeted resource allocation

ISLAMABAD: Planning, Development and Reform Minister Makhdum Khusro Bakhtiar on Monday visited the Statistics Division wherein he was given a detailed briefing on...

PSX closes in green amid volatility

KARACHI: The investors of the Pakistan Stock Exchange (PSX) witnessed a jittery ride on Monday as they waited for the verdict by the...

SEP resubmits offer to acquire 66.4% stake in K-Electric

On December 21st, as per regulations, Shanghai Electric withdrew its offer due to lapse in the prescribed time period for making a public announcement of the offer

FBR to extend EPOS to retail stores and shopping malls

The tax department has informed the International Monetary Fund (IMF) that the government will extend the EPOS to retail chain stores and shopping malls till March 2019

China unveils tariff adjustments for next year to boost foreign trade

Import tariffs on so-called alternative meals, including rapeseed meal, cotton meal, sunflower meal and palm meal, will be removed from Jan. 1, 2019, along with those for the materials of some pharmaceutical goods