CPEC projects financed through composite financing package, says official 

ISLAMABAD: Pakistan on Tuesday reiterated its commitment to implement all projects linked to China-Pakistan Economic Corridor (CPEC), stating that all state institutions support the...

Pakistan to decide whether to seek IMF bailout ‘by September’

Pakistan is teetering on the verge of a new balance-of-payments crisis which could threaten its currency and its ability to repay debts or pay for imports (Shoulder)

Court demands Shaheen Air to immediately pay half its dues

Shaheen Air International has been asked by a court to pay at least 50 per cent of its remaining dues to the Federal Board of Revenue (FBR).

Govt to take bold steps for economic revival: Jehangir Tareen

ISLAMABAD: Pakistan Tahreek-e-Insaf central leader Jahangir Tareen Monday said Pakistan Tehreek-e-Insaf (PTI), after forming the federal government, would have to take extraordinary...

KCCI concerned over blackmailing by shipping lines, agents, terminal operators

KARACHI: Karachi Chamber of Commerce and Industry (KCCI) President Muffasar Atta Malik, while expressing deep concern over sheer blackmailing by shipping lines, their...

IMC launches Corolla XLi with automatic transmission

ISLAMABAD: The most popular variant of Toyota’s flagship Corolla, XLi 1.3 is set to change the auto sector dynamics of the Pakistani...

EMERGING MARKETS-Escalating tensions with U.S. take toll on China, Turkey

MSCI’s broader emerging market’s index was flat as losses in China mainland stocks were offset by gains elsewhere with Hong Kong’s Hang Seng index gaining 0.5 per cent and Taiwan up 0.1 per cent.

Market Daily: Interest seen in select sectors, KSE-100 gains 300 points

Overall, the KSE-100 fell to day’s low of 42,453.88 with the loss of 57.17 points in early trade. It later added 349.27 points and touched intraday high of 42,854.32.

China should ignore the noise, step up investment in Pakistan: Global Times

Chinese officials have long stated that constructive criticism is always welcome, but there has got to be a bottom line: China should not let the noise get in the way of doing the right thing for itself and other countries.

‘Lotte Chemical’ shows interest in Pakistan’s chemical manufacturing industry

Pakistan Chemical Manufacturers Association (PCMA) Monday urged the forthcoming government to include the chemical industry in its first 100 days plan and...

Pakistani companies get equal share in CPEC: report

ISLAMABAD: Since the beginning of the massive China-Pakistan Economic Corridor (CPEC) project, there has been occasional criticism, including some complaints that projects under...

Bureaucracy still seeking reasons behind bulging circular debt

ISLAMABAD: The Senate Special Committee on Circular Debt was informed Monday that a delay in filing of tariff petitions by the power distribution companies...

Exchange companies exploit general public with Eid up ahead

During the outgoing week, currency dealers have been earning Rs7 to Rs9 per dollar by buying US currency as low as Rs114-117 per dollar and selling the same at Rs122-123.

Focus on youth development to realise economic potential, says ICCI

ISLAMABAD: Mayor Bahawalpur Aqeel Najam Hashmi visited the Islamabad Chamber of Commerce and Industry and held a meeting with President Sheikh Amir...

Furniture worth $3.858m exported in FY 2017-18

ISLAMABAD: Furniture worth $3.858 million has been exported during the fiscal year 2017-18, as compared to the exports of $4.5 million of...