Lahore Chamber for early tax refunds of exporters
LAHORE: Lahore Chamber of Commerce and Industry (LCCI) on Wednesday urged the government to resolve export-oriented industry's issues like delay in refund...
Country’s current account deficit widens to $6.430bn in Jul-Nov 2017-18
KARACHI: Despite all efforts of the federal government to reduce the current account deficit (CAD), the country’s CAD further widened to $...
Market Daily: PSX takes a breather, recovers 289 points
LAHORE: Sentiments at the Pakistan Stock Exchange (PSX) were weak again on Wednesday in absence of a positive trigger. Media reports quoted...
WB approves $825mn loan to support power transmission, health, education
ISLAMABAD: The World Bank (WB) on Monday approved an $825 million funding for Pakistan to bolster its electricity transmission and distribution network,...
Ten Rs25 billion SEZ projects face delays, threatens investment
ISLAMABAD: Over ten projects of Rs25 billion in various sectors like automobile, auto parts, steel and pharma have been marred by delays...
External financing gap stands around $12 billion, says: SBP governor
ISLAMABAD: In an in-camera briefing to National Assembly Standing Committee on Finance and Revenue on Tuesday, State Bank of Pakistan Governor Tariq...
North-South pipeline set to receive financial backing from China’s Silk Road Fund
ISLAMABAD: Russia beset by sanctions, struggles to implement $2 billion North-South gas pipeline in Pakistan, a benefactor in shape of Shanghai-based Silk...
ADB lauds Pakistan’s improved credit rating
ISLAMABAD: A senior official of Asian Development Bank (ADB) on Tuesday said the credit rating of Pakistan had significantly improved during the...
ADB, Pakistan sign $200 million PICIIP agreement
LAHORE:Â Asian Development Bank (ADB) and Government of Pakistan (GOP) have signed a $200 million agreement to develop a sustainable urban infrastructure in...
Millat Tractors signs letter of intent for 18pc stake in Hyundai Nishat Motor
LAHORE: A bourse filing Tuesday from Millat Tractors revealed Nishat Mills through a letter of intent offered up to 18% shares of...
Pakistan may consider using Chinese Yuan for bilateral trade
ISLAMABAD: With the growing cooperation with China following implementation on China-Pakistan Economic Corridor (CPEC) plan, Pakistan is considering using Chinese currency instead...
Japan’s exports rose 16pc in November
TOKYO: Japan’s exports rose 16 percent in November from a year earlier driven by robust overseas demand for cars and manufacturing equipment...
The good ol’ Jackson
As one drove down the Native Jetty Bridge, the unpleasant ubiquitous stench of stale fish hit the nostrils. With high-axle vehicles rolling...
Gunning for capital growth
Introducing equity investment in Pakistan, Capventures brought $5 million as FDI to Pakistan from the UK, the UAE and Hong Kong –...
CPEC loans: China offers explanation over interest to be paid by Pakistan
ISLAMABAD:Â Pakistan will have to pay only 1 or 2 percent interest on concessional loans given by the Chinese government for execution of...