CDA asked to cooperate for new industrial estate in Islamabad

ISLAMABAD: PML-N senior leader and former Senator Syed Zafar Ali Shah visited the Islamabad Chamber of Commerce and Industry (ICCI) and congratulated...

PM lauded for suspending FTA talks with China

ISLAMABAD: The Pakistan Economy Watch (PEW) on Wednesday lauded the decision of Prime Minister Shahid Khaqan Abbasi to suspend the Free Trade...

South Asia should craft strategies to withstand shocks from US-China trade war

LAHORE: SAARC CCI Vice President Iftikhar Ali Malik Wednesday said in the prevailing global economic scenario, it is need of the hour...

Govt supports documented, taxpaying, tobacco industry: Haroon

ISLAMABAD: Haroon Akhtar Khan, Special Assistant to Prime Minister on Revenue has said that the entire cigarette industry can fully utilise the...

ADB projects decline in GDP, as trade deficit continues to worsen

ISLAMABAD: According to a new Asian Development Bank (ADB) report, Pakistan’s economy is projected to maintain strong growth in fiscal year (FY) 2018...

Govt removes FATF concerns regarding amnesty scheme, Senator Haroon Akhtar

ISLAMABAD: Special Assistant to the Prime Minister on Revenue, Senator Haroon Akhtar has said that the Financial Action Task Force (FATF) has not...

Market Daily: KSE 100 index closes at 46,486.50, up 9.77 points

LAHORE: The 100 Index started the day on a buoyant note, pushing the 100 Index higher in a bid to recoup losses...

Pakistan to establish trade bond between South, Central Asia, China: Ahsan Iqbal

BEIJING: Interior, Planning, Development, and Reforms Minister, Ahsan Iqbal, has said that the completion of China Pakistan Economic Corridor (CPEC) would revolutionise trade...

Pak, Kuwait Fund sign agreement to finance Golen Gol Hydropower project

ISLAMABAD: The Government of Pakistan and the Kuwait Fund here on Wednesday signed a Supplementary Loan Agreement of KD 4.5 million (equivalent to $15 million)...

Punjab’s tax collection rises to Rs32bn from Rs8bn a decade ago: Shuja ur Rahman

LAHORE: Punjab's tax collection has increased to Rs32 billion compared to Rs8 billion a decade ago, on the back of an expanding...

SECP to adopt 7 new Islamic finance standards

ISLAMABAD: Pakistan’s capital market regulator will introduce seven new standards covering a variety of Islamic finance transactions, as it fast-tracks the adoption...

Lagarde voices optimism on global growth, warns of trade protectionism

HONG KONG: The International Monetary Fund (IMF) is optimistic on the outlook for global growth but warned darker clouds are looming due...

Sprint restarts merger talks with T-Mobile US

WASHINGTON: Sprint Corp has restarted talks to merge with T-Mobile US Inc, people familiar with the matter said on Tuesday, the latest...

China promises to open its financial sector to foreign investment by end-2018

BOAO: China laid out a clearer timetable on Wednesday for opening its financial sector to more foreign investment by the end of...

Generator sales spike in Karachi, as power outages return

KARACHI: Generator sales have spiked in Karachi since power outages increased in the last few weeks and the dispute between K-Electric and...