CPEC has changed the dynamics of Pakistan’s business & economic landscape
According to China Overseas Ports Holding Company (COPHC), Gwadar port's operator, some 20 companies in different businesses have already joined the Gwadar free zone with direct investment of 3 billion Chinese yuan (over 460 million U.S. dollars)
Belt & Road initiative could increase global trade by 12 percent: Report
ING’s report says countries in Central Asia and Eastern Europe would gain the most from BRI, however, benefits would be contingent upon where trade costs decrease
Pakistan set to miss export target by big margin
Pakistan exports are projected to touch between $23-24 billion for FY18 compared to the target of $35 billion set by the previous PML-N government
Caretaker PM directs petroleum ministry to develop strategy for meeting rising energy demand
As local gas production dwindles, LNG requirement which presently is recorded at 1,000 million metric cubic per day (mmcfd) is forecast to touch 3,600 mmcfd by 2030
Pakistan, Russia ink MoU to conduct feasibility study for undersea gas pipeline
The FO spokesman said both the countries had finalized several proposals in the energy sector which included laying of the North-South Gas Pipeline, LNG import from Russia, installation of air-mix plant and setting up a 600MW combined cycled power plant
Interim government flouting authority calls CWDP meeting on June 12th
The meeting has been called to give go-ahead to new development projects costing billions of rupees and a notification in this regard was issued by the Ministry of Planning, Development and Reform
Pakistan contemplating to take Etisalat to international court over pending payment
The UAE-based company has withheld $800 million payment on grounds of properties not being transferred in its name and out of 3,300 properties, 33 of them cannot be transferred in the name of PTCL
China’s Jinbei set to enter Pakistan’s burgeoning automobile sector
Jinbei Pakistan will be importing vans and minivans and commence production in next two years
No decision yet to go for IMF bailout package, says MoF
Finance Ministry on Thursday clarified that the government had not yet taken any decision to go to the International Monetary Fund (IMF) for any bailout package.
Gilgit-Baltistan presents Rs63.856 billion budget
Opposition rejects budget, protests against GB Order 2018
Oil and gas reserves to end after 10 years, reveals petroleum division
ISLAMABAD: Senate Standing Committee on Petroleum was informed on Thursday that the country’s existing oil reserves will see an end only after 10 years...
Another bailout package with IMF on the cards
ISLAMABAD: Although the government of Pakistan Muslim League Nawaz (PML-N) avoided another loan from the International Monetary fund (IMF) by the end of...
HBL granted ‘member’ status under SCO IBA Framework
KARACHI: Habib Bank Limited (HBL) is proud to be officially granted the status of a member bank, during the 14th council meeting of...
Market Daily: PSX ends the week 196 points down
Pakistan has to submit an action plan for review by Financial Action Task Force (FATF) in its meeting scheduled to take place from June 24 to June 29.
After 46 hours Lahore still faces power outage
Some areas of Lahore have been without power for over 46 hours, meanwhile, other parts of Lahore suffer 10 to 12-hour long load-shedding