Total exports increase by 11.24pc in July-Dec 2017-18

KARACHI: The country exports surged by 11.24 per cent in first half of the current fiscal year to $ 11.007 billion compared...

Market Daily: KSE 100 leaps another 816 points

LAHORE: It seems as if there is no stopping the indices at the Pakistan Stock Exchange (PSX) as days have turned for...

China pondering allowing companies involved in OBOR to list in Hong Kong

BEIJING: The Chinese government is considering a plan to allow companies involved in the Belt and Road initiative to raise money via...

Attock Cement’s new production line commences operations

KARACHI: A bourse notification filed Tuesday by Attock Cement Company Limited revealed its new production line capable of producing 1.2 million tons...

SBP verbally agrees to withdraw import restriction limit of 35pc on US Dollar

KARACHI: State Bank of Pakistan on Tuesday verbally took back a notification which restricted import of dollars up to 35 percent and...

Companies to be invited for submitting tenders for white oil pipeline

ISLAMABAD: Inter-State Gas Systems (ISGS) is set to invite companies for submitting tenders for Sheikhpura-Peshawar white oil pipeline. This pipeline has been envisaged...

Pakistan’s economy to grow at 5.9 percent over medium-term, predicts: World Bank

LAHORE: World Bank released its “Global Economic Prospects” report on Tuesday revealing growth slowed down in South Asia to 6.5 percent during...

World Bank forecasts global economic growth of 3.1 percent for 2018

WASHINGTON: The World Bank predicts that the global economy will grow 3.1 percent this year, which would be its best showing in...

CPEC to speed up industrialization, urbanization in Pakistan: Ahsan Iqbal

BEIJING: Federal Interior Minister Ahsan Iqbal, who also holds the Planning, Development and Reform portfolio, has emphasised that the Long-term Plan of the...

Rana Afzal denies Dar’s $200bn Swiss banks money claim

ISLAMABAD: State Minister of Finance and Economic Affair Division Rana Afzal on Tuesday denied that Pakistani nationals had kept $ 200 billion...

Arif Ahmad Khan appointed Finance Secretary

ISLAMABAD: The federal government on Tuesday appointed Arif Ahmad Khan, a BS-22 officer of Pakistan Administrative Service (PAS) the new Finance Secretary. Notification...

CITIC Group delegation meets Miftah Ismail

ISLAMABAD: The visiting delegation of CITIC, led by CLSA Chairman Zhenyi Tang, Asia’s leading Capital Markets and Investment Group and subsidiary of...

Market Daily: PSX breaks upward trend, sheds 298pts

LAHORE: Indices at the Pakistan Stock Exchange’s (PSX) halted the upward trend on Tuesday losing -297.78 points. The benchmark indices were seen...

CPEC to improve tourism services between Pakistan and China

ISLAMABAD: Pakistan Tourism Development Corporation (PTDC) Managing Director Abdul Ghafoor has said that China Pakistan Economic Corridor (CPEC) would improve quality tourism...

PIA fortunes to rebound within next 24-30 months: CEO

KARACHI: Pakistan International Airlines (PIA) is one of those public-sector enterprises that doesn’t evoke a sense of pride, due to its mounting...