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: 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...

Railways minister vows to bring 100 new coaches in a month

'Small factories and schools built near railway tracks will be closed' LAHORE: Federal Railways Minister Sheikh Rasheed on Saturday claimed he will...

China moves to lift confidence as economic growth hits weakest pace since 2009

On a quarterly basis, growth cooled to 1.6 percent from a revised 1.7 percent in the second quarter, meeting expectations

FATF gives Iran until Feb to complete reforms

Members of FATF had already given Tehran until October to bring its laws against money-laundering and funding of terrorism up to its guidelines

Pakistan’s textile exports inch up by 0.86 percent in 1st quarter FY19

During the period under review, bedwear exports from the country increased by 2.89 percent, from $567.224 million to $583.62 million while the tents canvas and tarpaulin's exports also increased by 3.54 percent from $16.13 million to $16.7 million

FBR contemplating to allow manufacturers to import raw materials under DTRE scheme

Mr Khokhar shared the government had agreed in principle to make payments of Customs rebate automatically on the realization of export proceeds and a proclamation in this respect would come soon

France extends support for China’s Belt & Road initiative

Mr Barety stated France supported the Chinese BRI concept and was willing to invest in the following phases of China-Pakistan Economic Corridor (CPEC) on condition that transparency is ensured.

Iran keen on barter trade with Pakistan, calls for strengthening economic ties

Mr Nazeri said Iran had massive construction potential and could work with Pakistan in this area

Govt contemplating to export surplus wheat

Mr Dawood highlighted the surplus of wheat in the country needs to be exported for reining in the decline of foreign currency reserves and save storage cost of the commodity