Pakistan signs six agreements with China for development of Gawadar port
GWADAR:Â Pakistan and China, on Monday, inked five agreements and a Memorandum of Understanding (MoU) for strengthening collaboration between Gwadar and the Chinese...
NA body suggests global connectivity for increasing exports
ISLAMABAD:Â National Assembly Sub Standing Committee on Commerce and Textile, on Monday, proposed to increase global trade links and connectivity in order to...
Faysal Bank set to open 100 branches in Pakistan during 2018
DUBAI: Bahrain-based Ithmaar Bank plans to add more than 100 branches in Pakistan this year through its subsidiary Faysal Bank, to capitalize...
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...
Telenor was highest direct tax payer during FY 2015-16: SDPI
LAHORE: A report published by Strategic Development Policy Institute (SDPI) revealed Telenor Pakistan was among the highest tax contributors in telecon and...
Center rebuffs Balochistan’s request to lift ban on new housing schemes in Gwadar
ISLAMABAD: Balochistan’s government suggestion to re-open launch of new commercial and housing societies in Gwadar has been shot down by the federal...
Seafood exports increase 9.08 percent during first half of FY 2017-18
ISLAMABAD: The exports of fish and fish preparations from the country during first half of current financial year increased by 9.08 percent...
Pakistan’s remittance outflows among the highest in the region: Pew Research Center
KARACHI: The importance of remittances to Pakistan’s economy cannot be negated, as it provides much needed foreign exchanges in terms of dollars...
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,...
Increased competition on horizon, as five new airlines to enter Pakistan
KARACHI: Pakistan is set for entry of five new airlines, Afeef Zara, Askari Air, Air Sial, Go Green and Liberty Air in...
NFC award to be decided after general elections
ISLAMABAD: The National Finance Commission (NFC) award will be decided upon by the next government in a consensus reached between federal and...
Free Zone to turn Gwadar into region’s big commercial hub: Chairman COPHC
GWADAR:Â Chairman China Overseas Port Holding Company (COPHC) Zhang Baozhong, on Sunday, said that with the construction of Free Zone, the port city...
7th NFC Award fails to give any policy in devolution of fiscal resources: IMF report
ISLAMABAD:Â The 7th National Finance Commission (NFC) Award has become redundant as it has failed to give any policy in terms of devolution...
FTA with Turkey to be concluded soon: Commerce secretary
ISLAMABAD:Â Ministry of Commerce Secretary Younas Dhaga has said that regarding the Free Trade Agreement (FTA) with Pakistan, the Turkish Commerce Ministry has...
Malaysia-Pakistan Business Council welcomes Pakistan’s high commissioner
KAULA LUMPUR:Â Malaysia-Pakistan Business Council (MALPAK), which was established in 2010 with the initiative of Federation of Pakistan Chamber of Commerce and Industry...