PTI earmarks $2 billion for e-governance systems
The incoming government in its manifesto said it intends to create 10 million jobs over the course of next five years
Govt committed to facilitating investors, businesses for enhancing exports: Asad Umar
The finance minister highlighted the industrial sector has a significant role in the economy and measures were afoot to resolve their problems including those linked to energy
IFC keen to increase private sector investment in Pakistan
International Finance Corporation (IFC) is keen to increase private sector investment in Pakistan. IFC Executive Vice President (EVP) and Chie Executive Officer...
Current account deficit increases to $6.13b as per SBP figures
In figures released by the State Bank of Pakistan (SBP) on Wednesday, it was revealed that the current account deficit for the...
Export facilitation: Number of commercial councilors to be increased
ISLAMABAD: In order to enhance the country’s exports, the government has decided to increase the numbers of commercial councilors.
It has also been decided...
Pakistan seeks $2bn worth LNG from Qatar on deferred payment
ISLAMABAD:Â Pakistan is mulling to bring Liquefied Natural Gas (LNG) worth $2 billion from Qatar on a one-year deferred payment and negotiations in...
Suraj Cotton Mills announces 11.8pc increase in yearly profits
Suraj Cotton Mills Limited reported an 11.8 per cent increase in annual profits due to 517 per cent rise in tax reversals.
In...
Inflation drops to seven-month low in March
CPI inflation further slows from 12.4pc in Feb to 10.24pc in March
Financial, admin issues cause rift between commerce secretary, TCP chairman
ISLAMABAD: A tussle between the Commerce Secretary and Trading Cooperation of Pakistan (TCP) Chairman Mushtaq Ahmed Sheikh on the matter of financial...
Public debt-to-GDP ratio to touch 70.1 percent by end of FY 2017-18
ISLAMABAD: The country’s public debt-to-GDP ratio is set to touch a 15 year high of 70.1 percent at end of the financial...
Dollar depreciates Rs0.09 against rupee interbank
ISLAMABAD: The exchange rate of the US Dollar against Pakistani rupee shed Rs0.09 in interbank on Tuesday and was traded at Rs154.84...
ICCI, MCI discuss setting up Metropolitan Commerce Unit
ISLAMABAD: Islamabad's Mayor, Sheikh Anser Aziz visited the Islamabad Chamber of Commerce and Industry (ICC) and discussed the possibilities of setting up...
Pakistan-China FTA on verge of finalization
ISLAMABAD: Rising disparity in bilateral trade and revenue losses will be witnessed as both Pakistan and China have reached an agreement to...
AIIB shows willingness to provide funding for four projects in Karachi
Karachi: A local newspaper has reported that Asian Infrastructure Investment Bank (AIIB) has expressed an interest to provide funding for four projects...
Oil import bill grows by around 15% to $7.6 billion in July-December FY18-19
According to PBS data, imports from approximately all of the categories leaving agricultural and petroleum groups contracted in the first half of current FY18-19