Power sector circular debt swells to a striking Rs 439b
The power sector circular debt has mounted to an alarming level of Rs439 billion as at  February 15, 2017. This has brought...
FPCCI to meet PM, Finance Minister to discuss budget anomalies
FPCCI to hold a meeting on Tuesday with Prime Minister Shahid Khaqan Abbasi and Federal Finance Minister Dr Miftah Ismail to discuss the issues and anomalies of the recently announced Federal Budget 2018-19.
APO pledges support to Pakistan for improving productivity
ISLAMABAD: Asian Productivity Organisation (APO) Secretary-General Dr Santhi Kanoktanaporn Wednesday vowed to support Pakistan in skill development for innovation in productivity through...
Pakistan’s economy remains fragile amid external shocks, reports BMI
Political instability could derail economic recovery, with the potential for protests and disruptions to economic activity, forecasts Fitch Solutions companyÂ
CPEC could create 700,000 jobs for locals by 2030
A recent study conducted by CPEC Centre of Excellence, Ministry of Planning, Development and Reform of Pakistan showed that indirectly, CPEC could help create even 1.2 million jobs under its presently agreed project.
Bulls dominate as index gains 363 points
KARACHI:Â It was a fresh start of the week for investors of Pakistan Stock Exchange (PSX) where indices kept moving in northern trajectory...
Planning Ministry rebuffs western media’s fresh report on CPEC
‘Infrastructure sector is being developed through interest-free or government concessional loans’
‘Benefits of CPEC investments will far outweigh the outflows’
ISLAMABAD:Â The Ministry of Planning...
PSX closes 267 points lower amid dull trading
Cement sector lost 2.1pc after India imposed 200pc customs duty on all items imported from Pakistan
KARACHI:Â Investors preferred to stay away from...
Shale gas, oil centre established in Pakistan to facilitate E&P companies
Islamabad: Ministry of Petroleum and Natural Resources has established a Shale gas and oil centre to facilitate interested Exploration and Production (E&P)...
Senate committee raises questions on proposed Gwadar duty exemptions lasting 40 years
ISLAMABAD: While rejecting and expressing disappointment on some proposals made in the Finance Bill 2020, the Senate Standing Committee on Finance on...
Timely crackdown on in-house badla financing prevented a crisis on bourse
The Securities and Exchange Commission of Pakistan (SECP) Chairman Zafar Hijazi has pointed out that an increase in in-house badla financing was...
Chinese automakers interested in setting up plants in Pakistan
ISLAMABAD: A delegation of Chinese manufacturers and assemblers of automobiles including heavy duty trucks, engines, auto parts and tyres visited Islamabad Chamber...
Funds from possible IMF bailout won’t be utilized to repay Chinese debt: Report
China had exhibited flexibility in its negotiations with Pakistan regarding terms and conditions of loans obtained, said Pakistan’s General Consul in Hong Kong
Foreign lenders rebuff appeal for transfer of loans to transmission line projects
The power division in its tabled summary demanded Rs9.84 billion via the issuance of sovereign guarantees to be obtained from local commercial banks for connecting new nuclear plants in Karachi to the national grid
Finance Minister, FBR urged to restore FTR regime for commercial importers
ISLAMABAD: Senior Vice President (SV) and Chairman of Budgetary Advisory Council of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI),...