Food exports climbed 9.85pc during July-October 2017
ISLAMABAD: Pakistan’s food exports increased 9.85 percent during the first four months of the current fiscal year against exports of corresponding period...
Ministry of Finance justifies increasing deficits
ISLAMABAD: Ministry of Finance, which is going through an uncertain situation in the absence of its minister for over 23 days now,...
Pakistan aims to boost exports in desperate attempt to cover deficit
LAHORE: The government is bidding to boost exports by 10 per cent during financial year (FY) 2017-18 by offering tax breaks to...
Planning Minister calls for expansion of cooperation on CPEC project
ISLAMABAD: Planning and Development Minister Ahsan Iqbal has called for expansion of cooperation and administrative structure of China-Pakistan Economic Corridor (CPEC).
He was...
Eurobond/Sukuk bond issuance will provide respite to foreign exchange reserves
KARACHI: Â Pakistan is set to raise $2-3 billion via issuance of Eurobond/Sukuk (Islamic Bonds) for which government is planning to hold road...
Pakistan Army owns $20 billion stakes in fifty conglomerates claims Indian media report
LAHORE: The Pakistan army exercises control over fifty conglomerates said to be worth $20 billion stretching from banks, industrial plants, universities, milk dairies,...
Railways planning to launch three new train services
ISLAMABAD:Â The Ministry of Railways is planning to launch three new train services between Kohat-Rawalpindi, Karachi-Mirpurkhas and Sibi-Khost during the current financial year,...
Pakistan hasn’t defaulted once on its debts since independence
LAHORE: Pakistan joined the fray of six other nations susceptible to possible risk of defaulting on its debts as its credit-default swaps...
Pakistan rebuffs Chinese request to use renminbi
ISLAMABAD: China’s request to use its renminbi currency (RMB) in the Gwadar Free Zone under China-Pakistan Economic Corridor (CPEC) framework has been...
Country’s current account deficit increases to tune of 121pc
KARACHI: Country’s current account deficit has surged to $ 5.013 billion during the July-October 2017-18, which is almost double compared to $...
Foreign commercial loans dependence creates debt servicing costs implications
LAHORE: Continued dependence on Chinese project financing and loans from other foreign commercial banks is creating implications for debt servicing costs that...
PM Shahid Khaqan Abbasi inaugurates Pakistan’s 2nd LNG terminal
KARACHI: Pakistan expects the first cargo of liquefied natural gas (LNG) for its new terminal to be delivered on Friday, Prime Minister...
Profit: The year that was
The great land theft
By Farooq Tirmizi
If there is a single place that can be thought of as the foremost cathedral to free-market...
Computer service exports increase 32pc to over $111mn
ISLAMABAD: The computer services exports from the country increased by 32.11 per cent during the first two months of the current fiscal...
HVDC transmission line from Port Qasim-Faisalabad may not be laid
LAHORE: Another feasibility study is set to be carried out for assessing whether a second 660KV high-voltage direct current (HVDC) transmission line...