Chinese trade mission to visit Pakistan on 26th
ISLAMABAD: Adviser to Prime Minister on Commerce and Textiles Abdul Razzaq Dawood has said a Chinese buying mission, consisting prominent businessmen and investors,...
IMF’s $3bn tranche to Argentina on hold as talks go on
The local peso currency has lost more than half its value against the US dollar this year as concerns swirled over the government’s ability to pay its debt obligations next year.
Cabinet committee on CPEC prioritises development of Gwadar, SEZs
ISLAMABAD: The inaugural meeting of the Cabinet Committee on China Pakistan Economic Corridor (CPEC) was held under the chairmanship of the Planning, Development...
China to create three “green economic belts” in BRI countries including Pakistan
BEIJING: China has launched cross-border partnerships with several international non-governmental and civic organizations to create three "green economic belts" in countries involved...
Govt starts LNG supply to two fertiliser companies for rabi season ahead
ISLAMABAD: The federal government has started the supply of LNG to two fertiliser companies on an experimental basis, sources said Friday.
At the initial...
Sahiwal Coal Power Plant fully meets standards set by WB, EU
SAHIWAL: Huaneng Shandong Ruyi (HSR) Energy Limited, responsible for operations of the Sahiwal coal-fired power plant on Friday claimed that the plant...
Govt to fill leading positions at SECP, CCP, PPPA, NITL
ISLAMABAD: The incumbent government has decided to appoint the heads of different departments including the National Investment Trust Limited (NITL) and the Public-Private...
LSE hosts international conference for economic researchers, policymakers
The Lahore School of Economics hosted its first International Conference on Applied Development Economics on 12-13 September 2018 at the Lahore School’s...
China sending buying mission to Pakistan
The Chinese Ambassador HE Yao Jing called on the Advisor to Prime Minister on Textile, Commerce, Industry, Production, and Investment, Abdul Razak Dawood...
FDI dips by 40 percent in July-Aug 2018
–‘Situation to remain bleak unless govt comes up with a favourable policy for investors’
KARACHI: Foreign direct investment (FDI) dipped by 40 percent to...
Market Daily: Bears dominate end of week as PSX loses 129.60 points
LAHORE: Pakistan Stock Exchange (PSX) managed to end the week in red as bears dominated the session on Friday.
As per reports of...
India needs to be vigilant over rupee – PM economic panel member
Despite the strong economic growth, the rupee has weakened more than 11 percent to become Asia’s worst performing currency this year
Industry sources accuse PBIT exacting extra fee for handling coal at Port Qasim
According to market officials, the industry had been distressed and the high fee had increased problems for it as well as the exporters
Five companies incurring heavy losses in BQIP: Report
The official who preferred anonymity said the entities were suffering losses to the tune of millions of rupees due to unavailability of utilities
Senate panel expresses annoyance over exorbitant rise in demurrage cost
The committee chairman pinpointed the demurrage costs paid by PSO had increased 10 times and had risen to $20.4 million in FY18 from $2.5 million in FY14, which needs to be reined in, he said