India to retain top position in remittances with $80bn: WB
India will retain its position as the world's top recipient of remittances this year with its diaspora sending a whopping $80 billion...
China to increase its imports from Pakistan: officials
BEIJING:Â China is confident that its imports from Pakistan will show a reasonable increase in the coming year, following the outcome of Prime...
Amid economic fears and rumours, PSX plunges over 1,900 points
This was the largest weekly fall in 67 weeks
KARACHI:Â The capital market recorded a drop of more than 1,900 points, largest weekly...
Pakistan paid $2.452 billion in external debt servicing in July-Sep FY19
A borrowing target of $12 billion has been set for FY19 by the Finance Minister Asad Umar to meet the swelled current account deficit
Turkmenistan requests Pakistan to initiate work on TAPI pipeline from 2019
Turkmengaz was nominated as consortium leader in August 2015 with 85% shareholding and Pakistan, India and Afghanistan having 5% shares each
China’s November export, import growth shrinks; surplus with U.S. record high
China’s trade surplus with the United States was $35.55 billion in November, a record high and compared with $31.78 billion in the preceding month
Karkey’s efforts to get court verdict enforced may cause financial doom for Pakistan
After the court ruling, Karkey visited Germany, US and UK to get the verdict enforced against Pakistan and this puts the country's foreign assets at risk of being taken over as security to enforce the court's verdict and pay the damages to the Turkish company
PLL convinces Gunvor to supply rescheduled LNG cargo in December
PLL has also called tenders for supply of additional LNG cargo's to the country during January and February 2019, said sources
SECP registered 1,060 new companies in November
Around 72 percent of companies were registered as private limited companies, while around 26 percent were registered as single member companies
Uzbekistan targets $1 billion bilateral trade with Pakistan in next five-six years
The ambassador said Uzbekistan was desirous of signing a free trade agreement with Pakistan that could boost trade up to the real potential of both countries
SPI-based weekly inflation falls by 0.55%
As compared to the corresponding week of last year, the SPI for the combined income group in the week under review increased by 5.80 percent
Initiative to remove trade hurdles, says member customs
Pakistan Customs introduces NSW system for traders
Cabinet committee on CPEC accorded approval for next JCC
No new energy projects being proposed for the 8th JCC
Differences over devaluation surfaced in fiscal policy board meeting
Finance Minister asks SBP to develop information sharing mechanism on major decisions, meanwhile, government expects improvement in economy after January 2019
German companies keen to invest in Pakistan’s IT, auto sectors: Envoy
German giants like Volkswagen and Siemens have shown their desire to invest in Pakistan