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
E&P entities made 13 oil and gas discoveries in past four months
Oil and Gas Regulatory Authority had given permission to gas companies to issue 0.3 million gas connections for the current years against the demand of 0.6 million
Moody’s seeks details about external loans for Pakistan’s annual sovereign rating review
The sources said Moody’s had requested the Finance Division to provide government debt and repayment schedule i.e. latest figures of outstanding public sector debt, which includes external debt by lenders and domestic deb
Monetary & Fiscal Policy board meeting to discuss rupee decline: Report
As per sources, Governor State Bank of Pakistan (SBP) Tariq Bajwa is going to share the reasons behind the rupee fall on November 30th, a day after the PTI government completed its 100-days in power
Shaheen Air proprietors escape Pakistan, leave recoveries in limbo
SAI’s fortunes tumbled in April this year when it defaulted on payments of taxes and fee to the Federal Board of Revenue (FBR) and Civil Aviation Authority (CAA) to the tune of Rs1.3 billion