Pakistan losing competitiveness in int’l market
Pakistan’s competitiveness in global market consistently sliding during past four years
Though the world economies continue trying to improve their trading and...
Govt approves outsourcing of country’s three airports
The Federal Cabinet on Wednesday has allowed the outsourcing of the management of country’s three major airports on the model of the...
Power sector subsidies likely to exceed Rs 118b budget allocation
Subsidies for the power sector may cross the annual budget allocation of Rs118b as the government has already exhausted Rs84b worth of...
Govt to divest 18.3 pc stake in MPCL after JV partners refuse to settle on approved price
The government has taken the decision to divest its 18.3pc stake in Mari Petroleum Company Limited (MPCL) after two joint venture partners...
ADB mission says transport sector inefficiencies are hurting the economy
An Asian Development Bank (ABD) mission led by Peter Turner, on Wednesday visited Lahore Transport Company (LTC) Headquarter to inspect transport projects...
ECNEC approves infrastructure projects before election year
The Executive Committee of the National Economic Council (ECNEC) on Wednesday approved multi-billion rupees worth of mega projects in the transport and...
CPEC investment exceeds $62 billion: Sindh governor
Chinese authorities have approved additional amount for China-Pakistan Economic Corridor (CPEC) reaching the total amount of the economic corridor more than $62...
Pakistan’s economy to grow by 5pc due to CPEC: Moody’s rating
Moody’s, an American business and financial services company has said that Pakistan’s economy has become stable, following the completion of IMF programme.
It...
Services’ exports up by 90pc during Feb
The exports of services from the country increased by 90.31 per cent during February 2017, as compared to the exports of the...
Iraqi businessmen keen to invest in Sindh: Iraqi Ambassdor
Iraqi Ambassador in Pakistan Dr Ali Yasin Mohammad Kareem has said that Sindh, particularly Karachi presents a lot of opportunities for investment...
SECP to hold awareness sessions to address In-house Financing
In the recent notice sent to clearing members / settling banks, Pakistan Stock exchange (PSX) will be joining hands with National Clearing...
Agreement on Pak-Hungary Economic Cooperation signed
Finance Minister, Senator Mohammad Ishaq Dar, witnessed the signing ceremony of the agreement on Economic Cooperation between Pakistan and Hungary at the Ministry of Finance...
Trade deficit reaches historic high of $23.4b
Pakistan’s trade deficit has surged by 38.8pc to a historic high of $23.385b during the first nine months of the current fiscal...
UAE permits transport of halal products via sea
While addressing the foreign delegates attending the 6th International Halal Conference at the Lahore Chamber of Commerce and Industry, Punjab Halal Development...
CDWP approves development projects worth RS 74.48 billion
In another major leapfrog into the federal government's ambitious development agenda, the Central Development Working Party (CDWP) Tuesday recommended ECNEC to consider...