Multan-Sukkur Motorway opened to light traffic

The Multan-Sukkur Motorway has been opened to light traffic, Radio Pakistan reported on Friday. According to a statement issued by the Ministry of...

Pakistan, China agree to enhance cooperation in fisheries, tourism sectors

ISLAMABAD: Planning Secretary Zafar Hasan has said that the China-Pakistan Economic Corridor (CPEC) was progressing satisfactorily, as a lot of challenges related to...

Remittances from overseas Pakistanis reaches $17.464b during FY 2016-17

Foreign remittances record a 2pc fall on a YoY basis. Karachi: Overseas remittances from expatriate Pakistani’s were recorded at $17.464b in the eleven...

Saudi Arabia wants oil prices to rise to around $60/barrel in 2017

Saudi Arabia wants crude oil prices to rise to around $60 a barrel this year, five sources from OPEC countries and the...

No plan to privatise Telephone Industries of Pakistan: minister

ISLAMABAD: The government appears to have decided not to privatise Telephone Industries of Pakistan (TIP), which has been financially closed since 2006. Instead, IT...

Political turmoil may lead to economic catastrophe, warns SAARC chamber

LAHORE: SAARC Chamber Senior Vice President (SVP) Iftikhar Ali Malik Friday said with the term of the present government coming to an...

IMF calls for further adjustments in exchange rate and monetary policy

The IMF called for 22% further hike in power tariff to address the problem of circular debt

LCCI reacts to unending raids on business premises, demands immediate end

The Lahore Chamber of Commerce and Industry has strongly reacted against continued raids on business premises by the staff of the Federal...

CPEC to bring economic revolution in future: Mushahid Hussain

ISLAMABAD: Chairman Parliamentary Committee on China-Pakistan Economic Corridor (CPEC) Mushahid Hussain Syed has said CPEC would bring economic revolution in the country. Talking...

In a major move, PM establishes direct control over CPEC

ISLAMABAD In a major development, Prime Minister Shahid Khaqan Abbasi has stripped Ministry of Planning, Development & Reforms of its function as the...

President Alvi for enhanced trade ties with Vietnam

ISLAMABAD: President Dr Arif Alvi on Friday called for enhanced trade and investment cooperation between Pakistan and Vietnam. The president said this while talking...

Pakistan’s budget deficit projected to clock at 6% for FY18-19: Fitch Solutions

Revenue growth is likely to be dragged down by the poor economic growth outlook, said the research agency