Cement exports up 18.41pc, industry still faced with challenges
KARACHI: Cement exports in the month of February 2018 have gone up by 18.41 per cent as compared to same month last...
Current account deficit widened by 3.3 percent of GDP in last two years: SBP
ISLAMABAD: As per a State Bank of Pakistan (SBP) brief provided to National Assembly’s Standing Committee on Finance Wednesday, the country’s current...
EU contemplating imposing 25 percent tariffs on $3.5 billion of imports from U.S
BRUSSELS: The European Union is considering applying 25 percent tariffs on around $3.5 billion of imports from the United States if President...
Pakistan’s emerging economy attracting foreign investors
ISLAMABAD: The Pakistan Ambassador to France Moin ul Haque has said that Pakistan as an emerging and one of the fastest growing...
Traders, business community urges govt to sign currency swap agreement with UAE
KARACHI: The trading and business leaders have urged the government to enter into a currency swap agreement with UAE, considering the recent...
Pakistan, Turkey FTA talks on verge of crumbling
KARACHI: Pakistan’s talks regarding a Free Trade Agreement (FTA) with Turkey are on the brink of crumbling, as the commerce ministry has...
Remaining capacity generation investments under CPEC to be moved over to hydropower sector
ISLAMABAD: Both Pakistan and China have agreed to move energy sector investments under China-Pakistan Economic Corridor (CPEC) to hydro-power development.
This decision comes...
Railway’s infrastructure repair cost swells to Rs10.46 billion
ISLAMABAD: The cost of resuscitating the railway infrastructure damaged after the assassination of ex-Prime Minister Benazir Bhutto in December 2007 has been...
Money supply went up 0.83 percent year-on-year: SBP
KARACHI: State Bank of Pakistan on Friday released data which disclosed money supply went up 0.83 percent year-on-year during July-January of FY...
Stark economic indicators could dent growth target of 6 percent
ISLAMABAD: Pakistan may be unable to attain its target of 6 percent growth during FY 2017-18, as eight months data of commodities...
Gwadar and Chabahar different since inception: Manish Tewari
WASHINGTON: Former Union Minister of State in India, Manish Tewari has made comparisons between Gwadar port in Pakistan and Chabahar port in...
Islamic firms, securities to be governed under new rules
ISLAMABAD: Pakistan’s capital market regulator has drafted governance rules that cover sharia-compliant companies and securities, the latest government initiative aimed at developing...
Vespa makes a comeback, Ravi unveils Primavera
LAHORE: Italian Ambassador in Pakistan Stefano Pontecorvo along with Ravi Group director unveiled the new Vespa Primavera scooter at the launching ceremony...
SBP injects Rs1,050 bn into market
KARACHI: State Bank of Pakistan on Friday injected Rs1,050 billion into money market for seven days as reverse repo through its open...
Pakistan’s largest automobile expo kicks off in Lahore
LAHORE: National Assembly Member Shaista Pervaiz Malik and Italian Ambassador in Pakistan Stefano Pontecorvo inaugurated the Pakistan Auto Show 2018 at the...