Master group wins bid to setup 99MW hydropower project
According to Pedo, the bid submitted by Masters Textile Limited and CHEC was greatly responsive in respect of “completeness, competitiveness, reasonableness and has the lowest rank"
ADB calls for regional cooperation to help Asia tackle cross-border challenges
ISLAMABAD: Regional cooperation is necessary to tackle a rising number of cross-border challenges in Asia and the Pacific, including infrastructure gaps, trade...
Saudi Arabia to give $3 billion for averting balance of payment crisis
Saudi Arabia has agreed to extend a one-year deferred payment facility for oil imports to Pakistan worth up to $3 billion
Import of edible oil reduces by 70pc in three months
ISLAMABAD: The imports of edible oil, soybean and palm, into the country reduced by 70.47 per cent and 4.82 per cent during the first...
Pakistan PM seeks loans to reservice debts, investments
The country also needs two oil refineries to meet demand, and they are talking to Saudi investors about the projects, Khan said
Pakistan obtained $930 million loans during first quarter FY19
China gave $2.80 million in September whereas Asian Development Bank (ASB) $26.94 million and other commercial banks lend $170 million to Pakistan
PM approves major incentives to facilitate remittances
ISLAMABAD:Â Prime Minister Imran Khan on Monday chaired a follow-up meeting regarding the facilitation of overseas Pakistanis, particularly for incentivising home remittances through...
Senate panel to discuss impact of rupee devaluation on economy
ISLAMABAD: The State Bank of Pakistan (SBP) will brief the Senate’s Standing Committee on Finance and Revenue tomorrow (Tuesday) regarding the recent devaluation...
Pakistan’s delayed LNG power plants set for final pre-operations checks in December-January: official
The delays at the three new plants - Haveli, Bhikki and Balloki - have forced Pakistan LNG to divert contracted liquefied natural gas (LNG) shipments
Naya Pakistan Housing: pipe dream or bold vision?
Experts weigh in on the feasibility of the government’s target of building 5 million homes in the country over the next five years
Eighteen: How an Egyptian company is building a new $2 billion Islamabad suburb
Orascom’s real estate arm believes there is a large enough market for Pakistanis who want to live the suburban life around the nation’s capital
Top German business delegation to visit Pakistan tomorrow
It will be the first official Bavarian delegation visit to Pakistan after 20 years
Objective is to explore opportunities of joint...
Rehman Malik writes to PM, suggests remedies for economic challenges
Senator urges PM to sale half of Pakistan’s loans to time-tested friend China after taking the parliament into confidence
ISLAMABAD: Pakistan People’s Party...
ICST calls for efficient banking mechanism to overcome money laundering
‘Expats send around $20bn yearly through legal channels while the same amount is sent out through hundi’
ISLAMABAD:Â The Islamabad Chamber of Small...
Pakistan won’t need IMF again, Umar claims
–Finance minister says govt trying to bridge $12bn financing gap through policies, bailout programme
–Says economy improving as exports have increased, imports are...