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...

NA panel directs FBR to take revenue enhancing measures

ISLAMABAD: The National Assembly's Standing Committee on Finance and Revenue, on Tuesday, directed the Federal Board of Revenue (FBR) to take further measures to increase...

Sluggish exports must improve for Pakistan to be competitive: SBP governor

KARACHI: As the country's economy is stabilising, attention needs to be given to pivoting Pakistan from an inward economy to an outward-looking...

Govt’s flawed policies denting investors’ confidence: OICCI

--Chamber says lack of economic documentation, bad tax measures keeping investors at bay --Says investors uncertain about govt's ability to implement tough decisions ISLAMABAD:...

Germany to provide €12.5m for GB uplift projects

Pakistan and Germany have signed the financing agreement for Hydropower and Renewable Energy Phase-II worth Rs2.14 billion. Economic Affairs Secretary Dr Syed Pervaiz...

Growing fiscal, external imbalances wipe away record 10-year gains

KARACHI: Although Pakistan's economic performance remained robust during the fiscal year 2017 but growing fiscal and external imbalances eroded hard-earned gains in...

Pakistan to decide whether to seek IMF bailout ‘by September’

Pakistan is teetering on the verge of a new balance-of-payments crisis which could threaten its currency and its ability to repay debts or pay for imports (Shoulder)

Govt focusing on enhancing exports to strengthen economy: Miftah

Minister for Finance Miftah Ismail has said that country's exports have increased while imports are decreasing due to effective policies of the government.

Talks with IMF face obstacles, as adjustments sought deemed “too steep”

The forthcoming IMF programme envisages an adjustment between Rs1,600 to Rs2,000 billion over a three to four years duration

Government has increased provincial share in PSDP says PM Nawaz Sharif

Prime Minister Muhammad Nawaz Sharif Friday said his government was pursuing a people- centric approach for development and has increased provincial share in...

Ex-finance minister flays government policy of obtaining foreign loans

Islamabad: Ex-Finance Minister Dr Salman Shah criticized the government for its dependence on expensive foreign borrowings and stated debt equity and repayment...

Market daily: PSX stocks end flat on last day of dull week

LAHORE The Pakistan Stock Exchange (PSX) in its last session of the week traded both sides and the benchmark KSE 100 index closed...

China to set up electric vehicle manufacturing plant in Pakistan’s first private SEZ

MG JW Automobile will manufacture electric vehicles at Raiwind SEZ with an estimated FDI of Rs663m and local investment of Rs637m

Pakistan can earn billions through furniture exports says: FPCCI chairman

Lahore: Pakistan can earn billions of dollars annually through furniture exports, said Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Regional Chairman...

ICCI terms budget ‘burdensome’ for business community, common man

ISLAMABAD: The Islamabad Chamber of Commerce & Industry (ICCI) termed the first annual budget presented by the Pakistan Tehreek-e-Insaf government as "quite taxing...