PM reduces prices of petrol, diesel
LAHORE: In the latest development, on the recommendations of Oil and Gas Regulatory Authority (OGRA), the Prime Minister of Pakistan, Imran Khan...
9 Pakistani companies represent country at Shanghai textiles fair
KARACHI: Asia’s premier textile fair which held its 22nd edition from 27 to 30 August 2018 in Shanghai was attended by 40,000...
Nippon Paint establishes fellowship at Harvard Graduate School of Design
LAHORE: NIPSEA Group, known throughout Asia as Nippon Paint, announces the establishment of the Gennosuke Obata Fellowship Fund at the Harvard University...
Beijing Investment Group visits Pakistan Stock Exchange
KARACHI: A Chinese delegation representing the Beijing Investment Group in association with AKD Securities and He Nan Lv Rui Jin Niu Energy...
Japanese foreign minister for ‘Naya Pakistan-Japan’ relationship
ISLAMABAD: The Japanese State Minister for Foreign Affairs Kazuyuki Nakane conveyed his best wishes to the incumbent Finance Minister Asad Umar on...
SECP’s Shariah Advisory Board approves Murabaha share financing product
ISLAMABAD: The Securities and Exchange Commission of Pakistan's (SECP's) Shariah Advisory Board (SAB) granted its approval to Murabaha share financing product proposed...
Chinese loans to Pakistan account for only 10pc, says China’s foreign ministry
BEIJING: The Chinese Foreign Ministry spokesperson Friday criticising the Western media for its so-called “China debt trap theory”, said that the proportion...
KKH-II Expressway Project on track, attains 55 percent completion stage
KKH Phase-II is one among dozens of early harvest projects of the game-changing China-Pakistan Economic Corridor (CPEC) in Khyber Pakhtunkhwa Province as the Expressway plays a linchpin role in connecting Gwadar Port to the Chinese city of Kashgar
EFTA agrees to initiate process for signing PTA with Pakistan
Pakistan’s exports to the trading bloc have recorded an average increase of 10.4 percent in the last five years
FIA to undertake special audit of mega transport projects: Report
During the previous government's tenure, large transport projects were undertaken including Punjab’s capital city Lahore and various other cities with financial assistance from China
Energy ministry recommends drastic cut of Rs22.94 in diesel price
Oil and Gas Regulatory Authority has proposed a decrease of Rs6 in the price of HSD to Rs106 per litre, Rs2 in the price of petrol to Rs93 per litre, 30 paisa in kerosene oil to Rs83.25 per litre and 70 paisa in the price of light diesel oil to Rs76 per litre
Finance Minister Asad Umar updates PM on condition of country’s economy
According to high-ranked government sources, if Pakistan doesn’t seek an IMF bailout, then the import of oil on deferred payments and rollover of maturing loans could be the preferred choices to cope with external sector challenges
Al-Haj obtains exclusive rights to assemble and market Proton vehicles in Pakistan
This agreement will bring in $200-300 million of investment in Pakistan
Pakistan obtained $4.01 billion loans from China in FY18
Overall, the country borrowed $10.91 billion in last fiscal year from commercial banks, multilateral, bilateral sources and from raising bonds in the international market
SEZs under CPEC to help in the creation of new jobs: Makhdoom Khusro Bakhtiar
ISLAMABAD: Minister for Planning, Development & Reform, Makhdoom Khusro Bakhtiar has said that development of the Special Economic Zones (SEZs) is the...