Rice exports grew by 31.91pc during first quarter of FY 2017-18
ISLAMABAD: Rice exports from the country during first three months of current financial year grew by 31.91 percent compared to exports in...
Pakistan Railways and Sindh dispute over KCR route remains unresolved
ISLAMABAD: The final go-ahead for the $2b Karachi Circular Highway (KCR) is in doldrums as Pakistan Railways and Sindh government are yet...
Govt selects two financial advisors syndicate to raise $2b from Eurobond/Sukuk bond
ISLAMABAD: To raise $2b via Euro and Sukuk bonds for easing balance of payments position, the government has decided to appoint two...
LSM registers 8.5pc year-on-year growth during August
ISLAMABAD: Data released by Pakistan Bureau of Statistics on Wednesday revealed that large-scale manufacturing (LSM) had registered 8.5pc year-on-year (YoY) growth during...
Rs2,526 million released under PM’s SDG program
ISLAMABAD: As the government moves towards next general election, it has started to release development funds for special constituencies including the electorates...
Gwadar set to become Pakistan’s “crown jewel”
GWADAR: Remote and impoverished, Pakistan´s Gwadar port at first glance seems an unlikely crown jewel in a multi-billion-dollar development project with China...
Pakistan’s borrowing touched $1.4b during July-September quarter
ISLAMABAD: $1.4b of loans were obtained by Pakistan during the first quarter of financial year 2017-18 to shore-up foreign exchange reserves and...
NAB directed to investigate how $8b were invested in Dubai’s real estate
ISLAMABAD: National Accountability Bureau’s help has been sought by National Assembly’s Standing Committee on Finance sub-committee to investigate and fetch information about...
Dar’s ministry took loans from banks without knowledge of cabinet or parliament
ISLAMABAD: Finance Minister Senator Ishaq Dar has taken heavy loans worth more than Rs 800 billion from the banks to run the...
Water supply from Mangla Dam closed due to water scarcity
ISLAMABAD: The Indus River System Authority (IRSA) closed the water supply from Mangla Dam on Monday with immediate effect as Mangla power house indent...
Foreign investors have bought $54m of Pakistani stocks since September
LAHORE: Pakistan Stock Exchange (PSX) is again beginning to look as an attractive and cheap destination for foreign funds, as $54m Pakistani...
NTC imposes 19.15% anti-dumping duty on steel re-bars
KARACHI: In its latest notice National Tariff Commission (NTC) has announced a definitive anti-dumping duty (ADD) of 19.15% on import of Deformed...
Chiniotis mean business!
Mushtaq Ahmad Yousufi, the greatest-ever Urdu language satirist, in one of his trademark quips said that Muslims of undivided India thrived only...
Pakistan wants strong trade relationship with African countries, says: PM
ISTANBUL: Prime Minister Shahid Khaqan Abbasi has said that Pakistan desires to develop strong relations with African countries by enhancing trade, investment...
PM woos Turkish entrepreneurs; seeks investment in energy, infrastructure development
ISTANBUL: Prime Minister Shahid Khaqan Abbasi has invited Turkish entrepreneurs, business giants and mega companies to invest in diverse areas of economy in Pakistan especially...