Urea inventory falls to five year low as crisis looms
LAHORE: Pakistan’s urea inventory was recorded at 86,155 tons at the end of July this year, reaching a five‐year low of around 105,000...
Senate body to consider modalities for implementing special tax relief regimes
ISLAMABAD: The Senate Standing Committee on Finance, Revenue and Economic Affairs is all set to consider the issues of modalities for implementation...
China in struggle to curb reliance on US market, suppliers
The United States bought $430 billion of China’s exports last year, or 20 percent of the $2.2 trillion total
CLSA to enter Pakistan’s brokerage & investment sector with investment in Alfalah Securities
In January, CLSA expressed keenness to enter the country’s banking sector, as it saw significant investment opportunities in Pakistan
Railway’s economic condition to be improved within 120 days: Sheikh Rasheed
The Railways Minister said separate standard gauge line will be laid for CPEC related projects, rather than using the broad-gauge line
Budget deficit soars to record-high of Rs2.26 trillion in FY18
The budget deficit for FY18 was Rs780 billion (2.5 percent of GDP) higher than the target approved by the last parliament in June 2017
What does China want from CPEC?
The history of China and the United States and how it explains what Beijing is doing pouring so much money into Pakistan
Gwadar development to directly benefit Balochistan province
Geographically, the small city is located in southwestern Balochistan, being far from Pakistan's economic centres
Govt asked to slap additional taxes on unnecessary imports
ISLAMABAD: The Islamabad Chamber of Small Traders ICST) on Sunday said the country will need almost $9.25 billion in debt repayments during...
Pension fund industry’s assets cross Rs26 billion: SECP
Over 65 percent of the assets of the pension fund industry are invested in Shariah-compliant funds
Much detail, little progress in U.S.-China talks, sources say
During the talks, Chinese negotiators repeatedly invoked what they said was Beijing’s compliance with WTO rules, an argument that did not impress the U.S. side
IMF warns Saudi Arabia against boosting spending
Riyadh’s budget deficit is expected to continue to narrow from 9.3 percent of GDP last year to 4.6 percent in 2018 and to as low as 1.7 percent next year, the IMF said
LNG agreements to be reviewed & made public: Sarwar
During the press conference, the petroleum minister raised serious contentions over the LNG deal signed with Qatar and called the fuel pricing mechanism faulty as diesel should be cheaper than petrol
Circular debt in power sector surges to record high of Rs1.155 trillion
Line losses were recorded at 18.3 percent against an allowed limit of 16.3 percent, with the additional cost of Rs196 billion per annum passed unfairly onto consumers
TCL Pakistan gearing up to widen presence in Pakistan: Report
A recent survey conducted by TCL Pakistan in conjunction with GFK revealed Pakistan’s yearly demand for TV sets was 1.2 million, of which 18 percent constitutes of traditional and old tv sets.