Telecom sector contributed Rs53.76b during first two quarters of FY 2016-17
Islamabad: The telecom sector has contributed Rs582.95 billion to the national exchequer during the last three and a half years, making it...
PSEZs to provide opportunities to foreign investors, increase FDI
ISLAMABAD
Prioritised Special Economic Zones (PSEZs) would provide immense opportunities to the foreign investors and increase Foreign Direct Investment (FDI) in the country.
Pakistan...
China eyes greater cooperation with Equatorial Guinea on Belt and Road construction
BEIJING
China and Equatorial Guinea can increase cooperation under the Belt and Road Initiative, China's top political advisor Yu Zhengsheng said Thursday.
Chairman of...
Strategy devised to limit fiscal deficit within manageable limits
ISLAMABAD
The government has come up with a comprehensive strategy to maintain fiscal deficit within manageable limits by taking many revenue generation measures...
Afghanistan resolves to cooperate for ITI container train
ISLAMABAD
The 9th High-Level Working Group (HLWG) Meeting of the ECO Container Train on Islamabad-Tehran-Istanbul (ITI) route was held in Islamabad. It was...
KSE-100 ends flat after morning boom
LAHORE
It was a good day of trading at the Pakistan Stock Exchange (PSX) as investors saw the index trade positive and end...
Fresh Saudi taxes on expatriates worry Pakistanis
ISLAMABAD
The tax increase on foreign workers in Saudi Arabia has hit Pakistani laborers and professionals alike. Amid the shaky developments, new taxes...
Saad Rafique urges IDB, ECO bank to invest in railways infrastructure
ISLAMABAD
Minister for Railways Khwaja Saad Rafique on Wednesday urged Islamic Development Bank and Economic Cooperation Organization Trade and Development Bank to promote...
Govt directs new car assemblers to finalise agreements soon
ISLAMABAD
The government has directed the four new players in the auto sector to formally sign their agreements to get the ‘Greenfield Status’...
Extension in deadline for urea exports may not provide relief to the sector
LAHORE
Urea exports stayed crucial in providing relief to inventory concerns of fertilizer industry despite the government’s move of extending deadline by 6...
Moody’s maintains stable outlook, affirms Pakistan’s B3 rating
KARACHI
The Moody's Investors Service (Moody's) has maintained a stable outlook of the Pakistani economy, affirming government of Pakistan's B3 issuer and senior...
KSE-100 falls to year’s low
LAHORE
Political turmoil continues to dampen investor’s confidence as the Pakistan Stock Exchange (PSX) came crashing down to low of the year.
The benchmark...
Moody upholds Pakistan’s B3 credit rating
Lahore: Pakistan has retained its B3 issuer and senior unsecured ratings by the Moody’s Investor Service as announced on Tuesday by the...
Marble exports decline 32pc during FY 2016-17
Karachi: The All Pakistan Marble Mining Processing Industry and Exporters Chairman Sanaullah Khan on Tuesday said marble exports had fallen 32pc from $57.96m...
Pakistan could become world’s 5th largest importer of LNG by 2022
Islamabad: Pakistan says it could become one of the world's top-five buyers of liquefied natural gas (LNG), with Petroleum Minister Shahid Abbasi...