IMF’s bailout if endorsed would be to stabilize the Pakistan economy
IMF director communications said they would put in place the preconditions for sustained inclusive growth and modalities of that would get announced once a staff-level agreement was reached
CDNS hikes saving scheme rates to almost four-year highs
Till now, the CDNS has raised a total of Rs2.72 trillion via the sale of saving schemes (net of prized bonds) by 31st August of this year which translates to 15.67% of the overall government domestic debt and liabilities at Rs17.36 trillion, as per the central bank
LNG is the future and only option to save foreign exchange for Pakistan: Iqbal Z Ahmed
By 2020, it is anticipated the country’s LNG imports will rise to 30 million ton
Readymade garments export reaches $599m in three months
ISLAMABAD: Readymade garments worth $599.260 million were exported in the first quarter of the current financial year (FY19) as compared the exports of...
PM meets AIIB president, stresses close coordination
Khan says his govt has prioritised economic revival and structural reforms
ISLAMABAD: On the first day of his four-day visit to China, Prime...
Pakistan’s remittances may reach $22bn in FY19
ISLAMABAD: Pakistan is expected to receive remittances worth a record $22 billion in financial year 2018-19, as the government has offered an incentive...
China vows to help uplift Pakistan’s economy
PM Khan says his party inherited a ‘very difficult economic situation’ coming into power
President Xi says he is willing to...
Yen falls, Australian dollar gains as U.S.-China trade angst eases
Worries about Chinese economic growth and the trade row had pushed the offshore yuan to a 22-month trough of 6.9800 midweek.
Global shares rally, dollar eases as Trump report fans U.S.-China trade deal hopes
SHANGHAI/TOKYO: Asian shares rocketed to three-week highs on Friday while the dollar softened on a report that U.S. President Donald Trump is...
Pakistan likely to get unilateral concessions from China
A grant of 400 million yuan also on the cards
ISLAMABAD: China is likely to give unilateral concessions to Pakistan on more than...
Export of fruits, vegetables attracts $163.5m in three months
ISLAMABAD: The export of fruits and vegetables from the country during first quarter of the current financial year grew by 49.34 per cent...
Transactions through e-banking channels touched Rs47.4 trillion in FY18: SBP
The number of local e-commerce merchants registered with banks reached 1,094 and consumers carried out 3.4 million online e-commerce transactions valuing Rs 18.7 billion
FATA has attracted Rs3.5b investment from oil & gas companies in last one year
Oil and Gas Development Corporation Limited (OGDCL), Al-Haj Enterprises Pvt Ltd, BGP (Pakistan), Xian Senshe, Geofysika Krakow and MOL (Pakistan) have established base camps in different agencies in erstwhile FATA
Trade war impact deepens across Asia, but ‘real economic shock’ yet to hit
In sign conditions for exporters and factories were deteriorating, manufacturing surveys showed marginal growth in China, a slowdown in South Korea and Indonesia and a contraction in activity in Malaysia and Taiwan
APTMA seeks $5b credit line from China for new investments and joint ventures
Pakistani textile export constitutes a meagre 3% of China's textile and clothing imports of $268 billion