Foreign investors welcome Pakistan’s improved security paradigm: survey

KARACHI The Overseas Investors Chamber of Commerce and Industry (OICCI)’s 2017 annual security survey, which was conducted in June 2017, highlights a positive...

LCCI expresses concerns over PSMC crisis

LAHORE Lahore Chamber of Commerce & Industry has expressed deep concern over deteriorating state of the affairs of Pakistan Steel Mills Corporation (PSMC)...

Country’s direct investment surges by 4.6pc to $2.410bn

KARACHI The country received direct investment (DI) of $2.410 billion in July-June 2016-17, up by 4.6 per cent compared to $2.305 billion in...

Benchmark gains 185pts as investors remain sidelined

LAHORE Investors remained on the sidelines at the Pakistan Stock Exchange (PSX) as the legal team of the first family challenged report of...

Swift industrial gas connections essential for industry revival: PIAF

LAHORE: Pakistan Industrial and Traders Associations Front (PIAF) has welcomed the recommendation of the National Assembly Standing Committee on Petroleum and Natural...

Rising political temperature results in weakened economy: FPCCI

ISLAMABAD The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) on Saturday said after two years of consolidation and growth cracks have...

Crop-based collateral lending unveiled in Pakistan

ISLAMABAD In a major development, Pakistan’s leading bank, Hank Bank Limited (HBL) has disbursed first-ever loans based on crop (wheat) as collateral to...

Hakla-D.I. Khan Expressway to be completed next year

Islamabad: The construction work on 285 kilometer long Hakla-Dera Ismail Khan Expressway is in full swing and the project would be completed...

‘Smart’ money moving to ‘green’ financing: UN report

New York: Even though investments towards sustainable development in developing countries have fallen short by nearly $2.5 trillion each year, emerging financial...

Borrowing from private sector surges by 126pc: SBP report

Karachi: A recently released report from State Bank of Pakistan (SBP) has revealed that borrowing from the private sector has surged by...

Petroleum ministry contemplating floating tenders for building of oil pipeline

Islamabad: The tragic oil tanker incident which took place in Ahmedpur East last month has made the petroleum ministry to consider revamping...

Commerce ministry focusing on overhauling trade mechanism

Islamabad: The Ministry of Commerce is focusing on modernizing the trade mechanism to facilitate international and domestic trade, and enhance export. "We are...

Export benefits from CPEC projects will take time to accrue says: IMF report

Islamabad: The International Monetary Fund (IMF) report has provided a detailed overview about the Chinese-Pakistan Economic Corridor (CPEC) stating export benefits from...

CPEC to open up attractive avenues for investment

Islamabad: The China-Pakistan Economic Corridor (CPEC) is a unique opportunity to integrate regional economies, an analyst on contemporary politics and international relations...

Govt considering to setup incubation centre in Quetta

Islamabad: The government has planned to set up a National Incubation Centre (NIC) in Quetta with the aim of promoting entrepreneurship in Pakistan,...