China extended $4.4 billion loans to Pakistan during first ten months of FY18

Budget makers had determined loans in the range of $8.09 billion for the current financial year 2017-18 but it surpassed that target by touching $9.6 billion in the first 10 months (July-April) 2017-18

ExxonMobil purchases 25 percent shareholding in offshore drilling in Pakistan

Previously, Italian energy giant Eni, Pakistan Petroleum Limited (PPL) and Oil and Gas Development Company (OGDC) held 33 percent share each in offshore drilling in Pakistan

FBR permits resale of duty exempted plants

FBR made it clear, the number of input goods for domestic sale couldn’t cross 10 percent of total imports per annum

Water shortage compels Punjab to dissuade farmers from planting sugarcane crop

Water shortage during the early part of the Kharif season has risen to an alarming 45 percent from initial projections of 32 percent against average uses.

China’s loans to Pakistan aim to drive economic development

Pakistan expects to obtain $1 billion to $2 billion of fresh Chinese loans to help avoid a balance-of-payments crisis.

Upward shift in interest rates to take toll on several sectors of economy: FPCCI

ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Ghazanfar Bilour while commenting on the recently announced monetary policy said...

GDPR sets the benchmark for data protection – What can Pakistan learn?

Over the last couple of weeks, you may have received emails from organisations such as Twitter, Facebook, YouTube, Instagram, TripAdvisor, Medium, Booking.com,...

Rs15,520 mn released for petroleum sector in 11 months

ISLAMABAD: The government has released around Rs15,520.056 million for the Petroleum and Natural Resources Division under the Public Sector Development Programme (PSDP...

The economy of Punjab’s graveyards

How the final resting places of citizens dead and buried are managed and maintained

Livestock dept ensuring availability of poultry on subsidised rates

RAWALPINDI: The Punjab Livestock Department with the cooperation of Pakistan Poultry Association is ensuring the availability of poultry and eggs in 35 Ramzan...

Businessmen urge political parties to sign Charter of Economy

KARACHI: Senior businessmen, including members of the Federation of Chambers of Commerce and Industry (FPCCI), have urged the political leadership to sign...

Govt fails to bring back undeclared money under foreign assets scheme

ISLAMABAD: The outgoing government has failed to convince expatriates to bring back undeclared money to Pakistan under the voluntary declaration and repatriation...

FIA, customs fail to take action against websites selling non-custom paid vehicles

ISLAMABAD: Social media websites have become a hub of sale and purchase of non-custom paid vehicles smuggled through the Afghanistan border. The...

China considers more avenues to invest in Pakistan under BRI

BEIJING: China is considering more avenues to invest in Pakistan and other regional countries under the Belt and Road Initiative (BRI), officials...

Monetary policy reveals major economic challenges, says ICST

ISLAMABAD: The Islamabad Chamber of Small Traders (ICST) on Sunday said the recently announced tight monetary policy will provide some breathing space...