China sees Afghanistan as critical to retaining its hegemony over trade across Asia: Report
LAHORE: China is competing with India for geo-political influence in war-torn Afghanistan, as it moves ahead to forge closer economic ties and...
SBP expresses inability to trace/bring back money stashed abroad by Pakistani’s
ISLAMABAD: A State Bank of Pakistan report submitted to the apex court has expressed its inability to bring back money stashed overseas...
Petrol, diesel prices expected to go up by Rs3.56 & Rs6.99 per litre
ISLAMABAD: Petrol prices are expected to be jacked up by over Rs3.56 per litre, as diesel prices will also see a hike...
Pakistan’s budget deficit rose to 3.2 percent by mid-February 2018
ISLAMABAD: Pakistan’s budget deficit touched 3.2 percent of gross domestic product between start of July 2017 and mid-February 2018, officials revealed Tuesday.
These...
Heavy bikes imports surge 150 percent
KARACHI: Heavy bike imports have recorded a major surge due to major demand from Sindh and Punjab governments.
This increase in demand of...
Iran seeks $1.2 billion damages for shelving of IP gas pipeline
ISLAMABAD: Pakistan now faces another international arbitration case as Iran threatened to take the country to The Hague for unilaterally shelving the...
Govt committed to implementing reform agenda in BOI
ISLAMABAD: The government is committed to implement reform agenda in Board of Investment (BoI) for ensuring ease of doing business for local...
Pakistan and KSA reaffirm commitment to strengthen trade ties
RIYADH: “Saudi Arabia views Pakistan as one of the top destinations for making investments,” said Kingdom of Saudi Arabia Deputy Minister for...
Pakistan to reach ‘tipping point’ for cloud transformation in 2018, claims SAP
LAHORE: In 2018, Pakistan will reach the “tipping point” for the cloud transforming industry verticals, and citizen and customer experiences, digital transformation...
Japan provides $7.7mn to support FMD control, reduce poverty in FATA
ISLAMABAD: The government of Japan would provide an amount of $2.7 million and $5 million respectively for Food and Agriculture Organisation (FAO)...
US to assist Pakistan in establishment of Renewable Energy Institute and formulation of energy policy
ISLAMABAD: The United States will explore ways and means to assist the Power Division in the establishment of Pakistan’s First Renewable Energy...
Pakistan Railways prepositions itself for CPEC
ISLAMABAD: The second Inter-Ministerial Meeting on the improvement of rail connectivity with Karachi Port Trust (KPT), Bin Qasim (BQM) and Gawadar was...
SECP holds sessions under ease of doing business reforms agenda
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) on Tuesday organized two sessions with contributors under ease of doing business reforms...
Senate committee expresses concerns over special treatment to Chinese companies
ISLAMABAD: As the concerned ministries failed to justify the special exemption on taxes being given to Chinese companies under China Pakistan Economic...
Market Daily: Turbulent session settles positive
LAHORE: The Pakistan Stock Exchange (PSX) witnessed another uncertain session on Tuesday, recovering losses midday. In midst of political turmoil, investors remained...