Karachi looks towards infrastructure projects to boost economic growth

KARACHI: With security threats on the wane, Pakistan is turning its attention to accelerating economic growth by unsnarling traffic in its big...

Karandaaz Pakistan to invest Rs80 million in women-led financial tech startups

KARACHI: Karandaaz Pakistan on Friday stated it is considering investing Rs80 million in women-led financial technology entities. Its chief executive officer Ali Sarfaraz...

China chides about protectionism, will close door to development opportunities

BEIJING: China wants to share its development opportunities with other countries, but protectionism will mean closing the door into China, the country’s...

Chabahar port not a direct competitor of CPEC: Kamal Kharazi

KARACHI: An ex-foreign minister of Iran Kamal Kharazi on Friday said the notions of Chabahar port being in direct competition with China-Pakistan...

Govt looks towards long-term agreements for LNG supplies

ISLAMABAD: To reduce its dependence on spot purchases of Liquefied Natural Gas (LNG), the government is mulling to sign long-term sale and...

Food ministry handed over control of cotton body

ISLAMABAD: The Cabinet Division has given approval for transferring control of Pakistan Central Cotton Committee (PCCC) to the Ministry of National Food...

Upcoming Punjab budget to be agriculture friendly

LAHORE: Punjab’s finance minister Dr. Ayesha Ghaus Pasha on Friday told journalists that its forthcoming budget for financial year 2018-19, would raise...

Reconvened EAC session to be called next week: Tarin

ISLAMABAD: The recently appointed head of the Economic Advisory Council, ex-Finance Minister Shaukat Tarin on Friday said the country was facing several...

Govt gives security clearance to K-Electric deal

ISLAMABAD: A major hurdle in the way of K-Electric’s sale to Shanghai Electric Power has been removed as the government on Friday...

Pakistan, India can take trade to $30bn if relations normalised: Indian HC

LAHORE: Calling for removing non-tariff barriers between Pakistan and India, Indian High Commissioner to Pakistan Ajay Bisaria on Friday said both the countries need...

Government striving to enhance exports : Secretary Commerce

LAHORE: Federal Secretary of Commerce Younus Dagha has said that high cost of doing business, issues of market access and exchange rate...

Housing finance in Pakistan to become accessible, affordable: World Bank

ISLAMABAD:The World Bank on Friday approved $145 million to expand home ownership including women and the poor through access to affordable housing...

SBP’s monetary policy committee maintains interest rate at 6pc

KARACHI: The Monetary Policy Committee of the State Bank of Pakistan (SBP) has decided to maintain the benchmark interest rate at 6...

SDPI budget proposals 2018-19: Govt urged to pursue simplification of tariff regime

ISLAMABAD: As the government has decided to announce the budget on April 27, it has been urged to simplify tariff regimes and reduce...

Market Daily: Key policy rates remain unchanged, indices settle positive

LAHORE: On its last trading day of the week, the KSE 100 index witnessed a range bound session amid significant drop in...