RCCI, Chinese association sign MoU

RAWALPINDI: Overseas Chinese Association of Pakistan (OCAP) has signed a memorandum of understanding (MoU) with Rawalpindi Chamber of Commerce and Industry (RCCI). OCAP...

Pakistan’s growth rate to slow down to 2.6 pc: IMF

DUBAI: After a better than expected performance with five percent growth in 2016, the economies of countries in the Middle East and...

Pakistan, Senegal look forward to partnership in trade, tourism

DAKAR: Pakistan and Senegal agree to promote partnership in trade, agriculture, textiles, higher education and vocational training, information technology, air transport and...

Private sector delegation leaves for Bhutan, will participate in SAARC meeting

LAHORE A high-level delegation of the private sector, on Saturday left for Thimpu (Bhutan) to represent Pakistan in the forthcoming 70th executive committee...

PFC demands radical approach for boosting exports through tariff reforms

LAHORE Pakistan Furniture Council (PFC) on Saturday, while expressing concern over the dwindling of exports, demanded the government to undertake aggressive tariff reforms,...

Aizaz Chaudhry invites US multinationals to invest in Pakistan

WASHINGTON Ambassador Aizaz Chaudhry has invited the US multinational firms to explore the countless investment opportunities in Pakistan by taking advantage of favourable...

Increase in FDI reflects improvement in security environment: APBF

KARACHI The All Pakistan Business Forum (APBF) has said that increase in Foreign Direct Investment (FDI) in 2016-17 reflects the improvement in the...

FPCCI urges proper implementation of FTA with Iran

KARACHI The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) officials here suggested that the implementation of Free Trade Agreement (FTA) with...

SBP keeps monetary policy unchanged at 5.75pc for next two months

Karachi: The State Bank of Pakistan (SBP) kept the policy rate unchanged at 5.75 per cent following a considerable strong growth momentum...

Combined import bill of food, machinery and oil rose by 29pc during FY 2016-17

Islamabad: According to data released by Pakistan Bureau of Statistics on Friday, the combined import bill of machinery, food and oil for...

SBP fails to meet probe deadline into cause of rupee depreciation

Karachi : The stipulated date for completing its inquiry into the reasons for the fall of the PKR on July 5th has...

OGDCL pondering acquisition of exploration & production company abroad

Karachi: Oil and Gas Development Company (OGDC) is pondering on acquiring an exploration and production company in Africa or the Middle East...

US to withhold $50m of coalition support fund to Pakistan

Washington: The United States will withhold $50 million remaining in military reimbursements to Pakistan for fiscal year 2016 because Defense Secretary Jim...

Exports remained flat during FY 2016-17: SBP report

Islamabad: The State Bank of Pakistan on Friday outed data relating to export destination wise receipts for financial year 2016-17, which gave...

Sea food exports rise 21.35pc during FY 2016-17

Islamabad: Sea food exports from Pakistan during 12 months of previous financial year (2016-17) increased by 21.35 percent as compared to exports...