Interloop, manufacturer of socks for Adidas, Nike set for IPO
Interloop intends to raise over Rs6.8 billion ($51 million) for expanding its sock manufacturing capacity by approximately 20% and enter the denim business
Amreli Steels to set up Rs 6.5 billion state-of-the-art rolling mill at Dhabeji
Expansion at SITE scrapped; Dhabeji to become the prime location
IMF expresses worry over energy deals reached under CPEC
The variation of $9 billion could create problems in making accurate projections linked to future CPEC related outflows, said sources in the Ministry of Finance
Govt decides to segregate revenue collection and tax policymaking powers
A separate committee will be set up soon and notified to devise a tax policy and include tax experts on the board
K-Electric should clear its books, ledgers, for sale go-ahead
The committee was told due to the ongoing dispute there was no power purchase agreement between KE and Central Power Purchase Company (CPPC)
Pakistan to brief IMF on wealth fund for state-owned institutions
ISLAMABAD:Â The economic managers of Pakistan Tehreek-e-Insaf (PTI) will brief the visiting delegation of International Monetary Fund (IMF) on the proposed wealth fund...
Pakistan, S Korea agree to enhance economic cooperation
ISLAMABAD:Â Pakistan and Republic of Korea (RoK) have agreed in principle the need for high-level visits from RoK to Pakistan in order to...
IMF tells Pakistan to ‘do more’
Technical team expresses reservations on Pakistan’s failure to implement its 14-point agenda formulated four years ago
The technical team of the International...
Tea worth $148.3m imported in three months
ISLAMABAD:Â Tea import into the country during the first quarter of the current financial year grew by 8.51 per cent as compared the...
Senators call for reduction in gas, electricity prices
Opp senators demand details of PM’s visit to Saudi, China
ISLAMABAD:Â The senators on Thursday called for effective measures to bring down prices...
‘No comprise’ on national security in IMF deal, Asad Umar assures
Finance minister says conditions presented by IMF will be taken to National Assembly for discussion
Finance Minister Asad Umar confirmed on Wednesday...
Pakistani officials leave for China to finalise relief package
ISLAMABAD:Â A high-level delegation from Pakistan left for China to finalise a potential relief package to inject in the country, sources said on...
Pakistan’s economy to grow 2.9% annually from 2018-2023: EIU
Surmising a modest rise in remittances, EIU estimated the current account deficit will fall to $13.1 billion in 2019 against projections of $18.3 billion in 2018
‘China agrees to double its import from Pakistan’
PM's advisor says China has accepted Pakistan’s request to allow imports with similar conditions that it had offered to member countries...
Envoy urges Pakistanis to benefit from Belgian expertise
Belgian ambassador stresses close liaison between business communities of the two countries to enhance economic cooperation
LAHORE:Â Belgian Ambassador Frederic Verheyden on Wednesday...