Merkel open to EU veto power on Chinese investments
FRANKFURT
German Chancellor Angela Merkel said Thursday that she was considering how to protect "strategic" EU industries from Chinese investment, drawing closer to...
KCCI demands reduction in sales tax on mobile phones
KARACHI
Karachi Chamber of Commerce & Industry (KCCI) President Shamim Ahmed Firpo on Thursday urged the federal government to reduce sales tax on...
Propaganda of ‘plastic rice’, stiff competition affect Pakistan’s rice exports
ISLAMABAD
Like textile exports, the foreign trade of rice has also shown negative growth during the last two years with a reduction of...
PSX soars after Eid holidays
LAHORE
The Pakistan Stock Exchange (PSX) opened the session gap in green as the investors came back with a positive buying attitude. Though...
IMF forecasts lower growth rates for USA
WASHINGTON
According to recent reports, the International Monetary Fund (IMF) has cut its growth forecasts for the US economy due to uncertainty overshadowing...
CPEC projects have helped in reducing power outages: Ahsan Iqbal
DALIAN: Minister for Planning, Development and Reform, Prof. Ahsan Iqbal has said that the fruits of China-Pakistan Economic Corridor (CPEC) are beginning...
Qatar’s tourism sector reeling under boycott pressure
Doha: A boycott imposed by four Arab nations that accuse Qatar of supporting terrorism is squeezing the tourism sector and Doha’s hotels,...
Pakistan suffering from Rs3.2t tax losses annually says: World Bank
Islamabad: A newly released report from the World Bank reveals that the Pakistani economy suffers tax losses of Rs3.2t annually which have...
Governments and companies assess impact of global cyber-attack
Paris: Companies and governments around the world on Wednesday counted the cost of a software epidemic that has disrupted ports, hospitals and...
FPCCI stresses need for value addition in horticulture sector
ISLAMABAD - Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Regional Chairman on Horticulture Exports Committee Ahmad Jawad Wednesday underlined the...
ICST appreciates government decision to slap duties on inessential imports
ISLAMABAD - Islamabad Chamber of Small Traders (ICST) on Wednesday lauded the government for discouraging unnecessary imports. The decision to slap additional...
Govt is uninterested in economic revival: PEW
ISLAMABAD: The Pakistan Economy Watch (PEW) on Wednesday said that government seems uninterested in the economic revival as it has focused all...
Pakistan’s oil import bill up by 32.61pc in 11 months
Pakistan is an energy-hungry country, whose imports bill is consistently on the rise with every year and now its oil imports’ bill...
Rs18b loans given out under PMYBL scheme
Islamabad: The State Bank of Pakistan released a quarterly report (Jan-March 2017) for the Prime Ministers Youth Business Loan (PMYBL) scheme last...
Pakistan facing challenges to build economic corridor with China says: Ahsan Iqbal
Dalian: Pakistan faces some challenges in steering an ambitious plan to build an economic corridor with China despite the economic benefits for...