Public-private partnership critical for bilateral growth with China
ISLAMABAD: Senate Deputy Chairman Senator Saleem Mandviwalla has said that Chinese investors should benefit from the investment potential in Pakistan and explore the...
Govt urged to focus on youth for sustainable economic growth: ICCI
ISLAMABAD:Â Islamabad Chamber of Commerce and Industry's (ICCIs) President Sheikh Amir Waheed has called upon the government to focus on the development of...
Energy sector’s circular debt soars to Rs500 bn, govt to pay off Rs100 bn
KARACHI: Rising on a yearly basis, circular debt is especially prevalent in the oil and gas sector of the country. At present,...
Meezan Bank partners with IoBM to launch MBA focused on SME banking
KARACHI: Meezan Bank, Pakistan’s first and largest Islamic bank, and the Institute of Business Management (IoBM) from Karachi recently signed a Memorandum...
Huawei Marine commences survey for PEACE submarine cable
PEACE submarine cable is expected to be active by end of 2019 and will have over 60 Tb capacity
ADB willing to provide policy-based lending to support Pakistan’s budget deficit
At present, the average loan disbursement to Pakistan by the ADB stands around $2.2 billion per year
US-China trade talks begin, as Trump praises Chinese President Xi Jinping
The discussions, led by U.S. Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu He, are expected to cover a wide range of U.S. complaints about China’s trade practices, from accusations of forced technology transfers to state subsidies for technology development
Market Daily: Indices continue to bleed, shed 640.19 points intraday
The KSE 100 index had a huge fall, chopping off 640.19 points to fall to intraday low of 44,556.18. it settled with a loss of 1.01 per cent or 449.74 points at 44,746.63.
Iranian envoy invites Pakistani businessmen to avail potential of Free Trade Zones
Ambassador of Iran to Pakistan Mehdi Honardoost has said that Iran and Pakistan should concentrate on trade and economic activities to further improve bilateral relations. Iranian Free Trade Zones have great potential for Pakistani businessmen and they should avail this opportunity through joint ventures.
Pakistan faces highest debt distress from Chinese-funded BRI: Report
A study conducted by Center for Global Development revealed 23 out of 68 nations involved in the BRI were facing risk of debt distress
Super-tax will continue being a drag on bank’s profits: Moody’s
Moody's says the extension of super-tax for banks is a credit negative move
Pakistan’s wheat exports in April touch highest level since independence
Wheat is being exported to Oman, Indonesia, Dubai, Muscat and Bangladesh at a price of $185-200 per ton
Currency swap agreement with Pakistan on horizon: Iranian Ambassador
From July-March of the current financial year 2017-18, trade figures registered a fall as imports from Iran were recorded at $5 million compared to exports of $17.155 million, as per Ministry of Finance figures
Increase in customs duty to make cooking oil pricier for consumers
Pakistan imports 75 percent of edible oil to meet its requirements
Delays caused Neelum-Jhelum project cost to balloon to Rs500 billion
The cost of this project had been revised upwards to Rs404 billion from Rs275 billion in December 2015 by the present government