Japan should take opportunities to invest in CPEC
China's Belt and Road Initiative is moving forward with a fanfare of political pronouncements. But recent developments on the China-Pakistan Economic Corridor...
CPEC could widen current account deficit: Moody
New York: Moody’s Investors Service has raised several questions pertaining to China-Pakistan Economic Corridor (CPEC) and said the mega project would widen...
Minister vows to end railways’ deficit in three years
LAHORE:Â Railways Minister Sheikh Rasheed Ahmad said on Saturday that the railways' deficit would be ended completely within three years instead of the...
World Bank projects 13pc increase in remittances to South Asia in 2018
ISLAMABAD: Remittances to South Asia are projected to increase by 13.5 per cent to $132 billion in 2018, a stronger pace than...
Govt paid Rs598 billion domestic debt servicing costs during five months of FY 2017-18
KARACHI: Around Rs598 billion was paid on account of domestic debt servicing by the government during first five of financial year 2017-18,...
Asia’s pandemic stimulus may slow the demise of coal
Coal power plant construction will push ahead in Asia despite falling electricity demand and environmental concerns as policymakers prioritise boosting economies crippled...
Foreign companies to invest in Pakistan’s LNG sector
Islamabad: Major players have shown keen interest to invest in Liquefied Natural Gas (LNG) sector of Pakistan after seeing immense business potential...
President Alvi for enhanced trade ties with Vietnam
ISLAMABAD:Â President Dr Arif Alvi on Friday called for enhanced trade and investment cooperation between Pakistan and Vietnam.
The president said this while talking...
Ministry of Planning launches new initiative to improve productivity in mines
Cluster Development Based Mineral Transformation Plan, costing Rs62.21 million, has been launched under Vision-2025 and would increase value addition and create jobs in the mineral sector
CPEC an engine of economic progress for Pakistan: FM
ISLAMABAD:Â Foreign Minister Shah Mahmood Qureshi has said that there is a complete national consensus that the China Pakistan Economic Corridor (CPEC) is...
China says ready for U.S. talks, sees no winners in trade war
Beijing and Washington have imposed tit-for-tat duties on each other’s goods over recent months, with neither side backing down from an increasingly bitter trade dispute that has jolted financial markets and cast a pall over the global economy
Stocks shed 786 points as budget fails to lure investors
KARACHI: The Pakistan Stock Exchange (PSX) witnessed a bloodbath in its first session after the announcement of the federal budget, with the...
Rana Afzal Khan assures businessmen inclusion of their suggestions in budget
ISLAMABAD: Minister of State for Finance Rana Muhammad Afzal Khan has said that the proposals submitted by the business community would be...
PM Imran won’t change economic team, Haq claims
PM’s Special Assistant on Political Affairs Naeemul Haq on Thursday claimed that no member of the government’s economic team, including Finance Minister...
FESCO catches 198 power pilferers, imposes Rs1.19m fine
FAISALABAD: Faisalabad Electric Supply Company (FESCO) has caught 198 power pilferers red-handed from its region during the first four days of the...