Chinese firm eager to explore hydrocarbon resources of Pakistan
ISLAMABAD:Â Sichuan Chuanzhong Gas Investment Company, a major gas sector group from China, has expressed willingness to invest in Pakistan for exploration and...
Assets of banned outfits frozen, Pakistan tells FATF
A Pakistani delegation on Tuesday told the Financial Action Task Force’s (FATF) Asia Pacific Group (APG) that the bank accounts and assets...
Commercial Bank of Dubai to take control of Abraaj assets secured against loan
Stakes in Abraaj’s Infrastructure and Growth Capital Fund, as well as its funds focused on Turkey, Latin America, North Africa, Africa and health, were held as security against CBD’s loans, a joint provisional liquidators’ report from July shows
Tax dept’s justification on declining tobacco revenue rejected
ISLAMABAD: A special committee has rejected the tax department's briefing on a matter pertaining to the decline of Rs60 billion in revenue from the tobacco...
Govt places immediate ban on furnace oil imports
ISLAMABAD:Â The government has notified an immediate ban on the import of furnace oil and ordered all refineries to utilise billions of rupees...
Japanese businessmen apprised of Pakistan’s investor-friendly policies
KARACHI:Â Pakistan Japan Business Forum (PJBF) took a business delegation, comprising several business groups and small & medium enterprises (SMEs), to the 8th...
Pakistan, Japan agree to enhance trade ties
ISLAMABAD:Â Japanese Ambassador to Pakistan Takashi Kurai paid a farewell call on Adviser to Prime Minister on Commerce Abdul Razak Dawood on Monday...
Govt targets 5.8pc growth rate in 12th Five-Year Plan
ISLAMABAD: The 12th Five-Year Plan, drafted by the previous government of Pakistan Muslim League-Nawaz (PML-N), is all set to be launched with a projection...
Minister calls for stringent measures to curb profiteering, hoarding
ISLAMABAD:Â Planning Minister Makhdoom Khusro Bakhtiar, while chairing a presentation by the Statistics Division in Islamabad on Monday, has said that the government...
Southeast Asia wary of China’s Belt and Road project, skeptical of US, reveals survey
SINGAPORE: Southeast Asian countries should be cautious in negotiating with China on its flagship Belt and Road Initiative (BRI) to avoid being...
Weakness in China economy gives Beijing incentive for trade deal, says Trump
WASHINGTON: US President Donald Trump said on Sunday that trade talks with China were going very well and that weakness in the...
Vigilant to global economic risks clouding recovery, says Japanese PM
TOKYO: Japan’s government will keep a close eye on looming risks to a global economic recovery as it guides policy, Prime Minister...
Kuwait reiterates request to Dubai to release $496 million frozen funds
DUBAI: Kuwait reiterated its request to Dubai to release $496 million in frozen funds held for over a year and belonging to...
Iran’s central bank proposes slashing four zeros from falling currency: IRNA
DUBAI: Iran’s central bank has proposed slashing four zeros from the rial, state news agency IRNA reported on Sunday, after the currency...
IMF calls Asad Umar ‘arrogant’, journalists claim
A short clip of a talk show aired on the local TV channel is making rounds on social media on Friday where...