Draghi urges countries to work together against anti-globalization
Wyoming: Mario Draghi, president of the European Central Bank, said Friday that the global economy is strengthening but warned that countries must...
Pakistan may import POL, LNG from Maldives once IGA gets signed
Islamabad: Energy ministry sources have revealed that once Pakistan and Maldives sign an Inter-Governmental Agreement (IGA), it is expected that Pakistan will...
Pakistan receives automatic tea-processing plant from Turkey
Islamabad: National Tea and High Value Crops Research Institute (NTHVCRI) Director, Dr Farrukh Siyar Hamid on Friday disclosed that Turkey’s Ministry of...
KP govt floats proposal for getting exploration rights without bidding
Islamabad: Khyber-Pakhtunkhwa (KP) government has floated an idea for getting petroleum exploration rights which would be granted to provincial energy companies for...
APBF urges government to take measures which would help maximize exports
Lahore: All Pakistan Business Forum on Friday requested the government to take measures which would help in reducing imports into Pakistan and...
Pakistan hasn’t gained much from China FTA, says study
Lahore: A study conducted by the Lahore School of Economics has revealed that due to lower tariffs on Chinese imports has affected...
PPL spent Rs6.322b under CSR in last six years
Islamabad: Pakistan Petroleum Limited (PPL) has spent around Rs 6.322 billion under Corporate Social Responsibility (CSR) obligation in different oil and gas...
SECP continues enforcement drive against insurers
Islamabad: The Securities and Exchange Commission of Pakistan (SECP) has concluded adjudication proceedings against six insurance companies in July and August 2017.
Orders...
Rice worth $107.896m was exported in July 2017
Islamabad: Rice worth US$ 107.896 million has been exported during the first month of current financial year.
Rice exports from the country during...
Local LPG production touched 1.918m tons in last three years
Islamabad: Local production of Liquefied Petroleum Gas (LPG) remained over 1.918 million metric tons (mmt), imports 0.840 mmt, sales 2.559 mmt during...
Nepra approves reduction in power tariff of Rs1.70 per unit for July
Islamabad: National Electric Power and Regulatory Authority (NEPRA) on Wednesday approved a tariff refund of Rs1.70 in electricity rates due to fuel...
PBC asks PM to offer tax amnesty scheme to help bolster declining forex reserves
Islamabad: Pakistan Business Council (PBC) has requested the government to offer tax amnesty scheme for resident and non-resident Pakistani’s which could be...
Imports rise 6.64pc to reach $4.834b during July 2017
Islamabad: Pakistan’s imports registered a 36.74pc year-on-year increase alongside 6.64pc rise on a month-on-month basis to reach $4.834b during July 2017 as...
Textile exports rose by 3pc during July 2017 to touch $1.006 billion
Islamabad: According to data released by the Pakistan Bureau of Statistics (PBS) on Tuesday, exports of textiles and clothing rose 3pc to...
Private sector credit touches Rs4.683 trillion during July 2017: SBP
Karachi: State Bank of Pakistan (SBP) on Tuesday released data about private sector’s outstanding credit to reach Rs4.683t from Rs3.922t in same...