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...
Pakistan repays $137m to IDB, after rollover request rejected
ISLAMABAD: Pakistan on Friday made repayments of $137 million loan to Islamic Development Bank (IDB) after its request for an extension to...
Depreciating rupee on IMF directives unfortunate: ICST
ISLAMABAD:  Islamabad Chamber of Small Traders on Saturday said weakening rupee on the directives of IMF is unfortunate as inflation has started to increase hitting the entire population...
Thar coal cheapest option in the energy supply chain: FPCCI
ISLAMABAD: The Businessmen Panel of the FPCCI on Saturday said Thar coal remains cheapest option for power generation in the energy supply...
China, UK agree to strengthen trade relations as Brexit takes shape
BEIJING: Britain and China pledged Saturday to promote London as a center for offshore use of Beijing’s currency and cooperate in clean...
Market Weekly: Index continues to bleed, settles below 39,000 pts
LAHORE: Pakistan’s Benchmark KSE 100 index fell 1.1 per cent or 434 points week on week basis to close at the 38645.90...
World Bank approves $300 million for modernizing agriculture in Punjab
WASHINGTON: World Bank on Friday gave approval for $300 million funding for modernizing agriculture in Punjab.
Under the Strengthening Markets for Agriculture and...
Pakistan can grab huge share of international halal trade
LAHORE: Livestock is an integral part of agriculture sector of Pakistan and has the potential to get huge share in the international halal trade...
PSO’s receivables balloon to over Rs300 billion
ISLAMABAD: Pakistan State Oil’s financial woes continue as its receivables are said to have swelled over Rs300 billion.
The state-owned oil marketing giant is...