Governance, institutional reforms critical to extracting benefit from CPEC: ADB
LAHORE: Asian Development Bank on Thursday said Pakistan would need to carry out necessary changes in governance and reform its institutions to...
Hyundai Nishat Motor ground-breaking ceremony set for 20th December
LAHORE: In a bourse filing Friday, Nishat Mills Limited announced the ground-breaking ceremony of Hyundai Nishat Motor (Private) Limited (HNMPL), 20 December...
Progas challenges ICSID court decision in Pakistan’s favour
ISLAMABAD: A court decision in London which came in favour of Pakistan has been challenged by Progas Pakistan shareholders.
Progas Pakistan which is...
Pakistan could become part of high-income economies: World Bank
KARACHI: A World Bank official on Thursday voiced optimism saying Pakistan could become a part of high-income bracket economies if its economy...
80pc of network to be shifted to 4G: Telenor CEO
ISLAMABAD: Telenor has so far invested more than US $ 3.5 billion Foreign Direct Investment (FDI) to expand its network and provide...
Economic pundits see no end to Pakistan’s economic slide
ISLAMABAD: Pakistan's economy has been on a steady downward slide with no end in sight, some experts say, with the currency dropping,...
Foreign office denies China stopped funding for three CPEC projects
ISLAMABAD: Ministry of Foreign Affairs on Thursday denied China had stopped funding for three China-Pakistan Economic Corridor (CPEC) projects and the government...
PTA to digitize 4 million saving accounts of Pakistan Post
ISLAMABAD: Pakistan Post along with Pakistan Telecommunication Authority and other stake holders has planned to build a road map for digitization of...
Pakistan’s liquid foreign reserves increase
KARACHI: The total liquid foreign reserves held by the country stood at $ 20,686.7 million on December 8, the State Bank of...
UK to maintain Pakistan’s GSP Plus arrangements: Elin Burns
KARACHI: British Deputy High Commissioner Elin Burns, while highlighting British government’s commitment, said that when UK leaves European Union (EU), Pakistan’s GSP...
Rupee’s decline, won’t spike foreign investors interest in PSX
LAHORE: State Bank of Pakistan’s decision on Friday to devalue the rupee won’t be enough to prop up the ailing stock market...
EETPL, SSGC sign agreement for additional LNG supply
KARACHI: Sui Southern Gas Company (SSGCL) and Engro Elengy Terminal Private Limited (EETPL) entered into an agreement for procurement of additional 200mmcfd...
Government to lift furnace oil for power plants to ease “jet fuel crunch”
ISLAMABAD: The government on Monday capitulated and principally decided to lift imported and domestic furnace oil for power plants to ease jet...
Pakistan struggled to extract major gains from Chinese in JCC talks
ISLAMABAD: The recently held 7th Joint Cooperation Committee meeting of China-Pakistan Economic Corridor hasn’t brought Pakistan much joy as the Chinese sought...
Rupee closer to stability, says: SBP Governor
ISLAMABAD: State Bank of Pakistan Governor, Tariq Bajwa on Tuesday came forward on Tuesday three days after central banks decision for allowing...