China leads in tepid FDI inflows with UK distant second

Chinese share in FDA a sizable 57%; power and construction sectors major attractions KARACHI: Though the foreign direct investment (FDI) inflows remained tepid at...

China, Belt and Road countries’ trade volume amounted to $1.1 trillion last year

BEIJING: Last year, trade volume between China and countries along the Belt and Road amounted to $1.1 trillion, up 14.8 per cent...

NA body calls for workable solution to exporters’ woes

ISLAMABAD: The National Assembly's Standing Committee on Commerce and Textile on Tuesday advised the Ministry of Commerce to find a workable solution to...

China to slash taxes, boost lending to prop up slowing economy

BEIJING: China sought to shore up its slowing economy through billions of dollars in planned tax cuts and infrastructure spending, with economic...

Govt striving for development of country: Rana Afzal

ISLAMABAD: Minister of State for Finance Rana Muhammad Afzal has said the Pakistan Muslim League-Nawaz (PML-N) government was effectively working for the...

Rs7.5b released to CPPA for partial payment of circular debt

PSO supplied 750,000 tons of fuel to power plants during this peak consumption season Islamabad: With the circular debt mounting, the Ministry of...

Indonesia eager to expand bilateral ties with Punjab

LAHORE A high-level Indonesian delegation comprising of Indonesian Ambassador Iwan Suyudhie Amri and, the third secretary of the embassy of the Republic of...

Govt released 18pc extra funds for CPEC projects in FY19, Senate told

ISLAMABAD: Planning Secretary Zafar Hassan on Friday informed the Senate's Standing Committee on Planning and Development that the government had spent 18pc extra...

Market Daily: Indices succumb to late selling, shed 54.43 points

LAHORE: As the international anti-money laundering watchdog moves close to putting Pakistan on the global grey list, investors thought it wise to...

NA body discusses PSM losses, Ramazan package

ISLAMABAD: The National Assembly Standing Committee on Industries and Production met here in the Parliament Lodges on Friday with MNA Asad Umar...

New SBP governor to order inquiry into Pak Rupee fall: Dar

ISLAMABAD Finance Minister Ishaq Dar said on Thursday that the government would appoint a new governor of the State Bank of Pakistan (SBP)...

IMF mission holds discussions with senior officials

ISLAMABAD: The visiting IMF Post Programme Monitoring Mission has held various rounds of technical discussions with the Pakistan side at the Ministry...

Govt striving for technology promotion

FAISALABAD: State Minister for Finance Rana Muhammad Afzal Khan said on Saturday the government was striving hard to promote technology which was...

China’s economy cools further, investment growth at record low

Fixed-asset investment expanded by a less-than-expected 5.5 percent in January-July, a result of Beijing’s crackdown on lavish local government borrowing for projects to boost growth

Rout relents as China keeps yuan on leash

LONDON: A rout in global markets moderated on Tuesday as China kept the yuan on a tight leash after its landmark drop past...