7th long-term plan of CPEC to launch on December 18th
KARACHI: Planning and Interior Minister Ahsan Iqbal on Tuesday said, seventh-long term plan of China-Pakistan Economic Corridor will be launched on December...
Parliamentary panel gives govt two weeks to clear its stance on circular debt
ISLAMABAD: The Senate’s Standing Committee on Finance, Revenue, Economic Affairs and Narcotics Control Tuesday gave two-week time to the Ministry of Power...
Govt released Rs3.612 million for petroleum sector from July-November
ISLAMABAD: The government has released Rs3612.280 million for the Petroleum and Natural Resources Division under the Public-Sector Development Programme (PSDP 2017-18) during...
Services exports up by 4.06pc in four months
ISLAMABAD: The exports of services from the country witnessed a growth of 4.06 per cent during the first four months of the...
Dollar touches Rs111.50 in interbank market, closes at Rs110.46
KARACHI: The Pakistani rupee fell for a third straight session on Tuesday after the central bank withdrew its support on Friday, effectively devaluing...
Rashakai to be KP’s first Special Economic Zone under CPEC
ISLAMABAD: Pakistan and China are on one page to give preference to the construction of Rashakai as priority Special Economic Zone in...
Rupee continues depreciation spree for third-day running
KARACHI: The Pakistani rupee fell for a third straight session on Tuesday after the central bank withdrew its support on Friday, effectively...
Pakistan, an important player in region with Chinese investment plans: Zubair
KARACHI: Governor Sindh Mohammad Zubair has said the world is witnessing Pakistan as an important player in the region with the Chinese...
Overseas Pakistanis remit $8bn up by 1.2pc in July-Nov 2017-18
KARACHI: Overseas Pakistani workers remitted $ 8021.18 million, which is up by 1.2 per cent in the first five months (July to...
Overseas Pakistani’s to have bank accounts in Pakistan: SBP
DUBAI: To curb hundi and hawala systems of money transfer, State Bank of Pakistan is set to make it mandatory for overseas...
Rupee continues downward spiral, falls to Rs108.5 against US dollar
LAHORE: The rupee on Monday morning depreciated further against the US dollar to Rs108.5 in the inter-bank market after closing on Friday...
OCAC issues warning of “fuel crisis”
ISLAMABAD: News of fuel crisis is again in the offing as oil companies warned about imminent closure of local refineries over the...
IPPs payables rise to Rs205 billion
LAHORE: Independent Power Producers overdue payables (IPPs) owed by the government have swelled to Rs205 billion by the end of November.
The energy...
PEW expresses concern over slow pace of economic reforms
ISLAMABAD: The Pakistan Economy Watch (PEW) on Sunday lauded the government for continued improvement in the power generation, necessary for socio-economic development.
However,...
Pakistan’s e-commerce market size to grow upto $1bln by 2020: PTA
ISLAMABAD: The size of the e-commerce market, one of the most important drivers of a digital Pakistan, is expected to grow up...