Pakistan China FTA

Pak-China FTA a source of frustration for business community: IWCCI

ISLAMABAD: Islamabad Women's Chamber of Commerce and Industry (IWCCI) on Saturday said that the Free Trade Agreement (FTA) between Pakistan and China is a source of frustration and disappointment for...

MoC, NTC finalise National Trade Policy

ISLAMABAD: Ministry of Commerce (MoC) and National Tariff Commission (NTC) have finalised the much waited National Trade Policy. Commerce Division and NTC have drafted the...

Australia’s largest wealth manager ousts CEO amid fee scandal

LONDON: The head of Australia's largest wealth manager has resigned after the company admitted lying to regulators for more than a decade. AMP chief executive...

Fate of Pfizer’s consumer business in spotlight after Merck sells its unit

NEW YORK: With the sale of Merck's consumer healthcare business to Procter & Gamble, the spotlight now shifts to the fate of Pfizer's consumer healthcare unit,...

Do cures harm the drug business?

OTTAWA: "Is curing patients a sustainable business model?" That provocative question was posed on page 38 of a Goldman Sachs research report on biotechnology...

US consumers set to feel the heat of trade fight started by Trump

WASHINGTON: U.S. consumers may be about to directly feel the effects of the trade fight started by U.S. President Trump with China and other...

Rupee has attained its “optimal value”, no further need for devaluation: Dr. Miftah Ismail

WASHINGTON: Pakistan’s de-facto Finance Minister Dr. Miftah Ismail in an interview to Bloomberg TV on Friday said the rupee had attained its "optimal value"...

IMF requires to control large external imbalances: US Treasury secretary

WASHINGTON: U.S. Treasury Secretary Steven Mnuchin said on Friday that the International Monetary Fund needed to “step up to the plate” to police large...

Pakistan informs U.S it isn’t seeking any bailout from the IMF

WASHINGTON:  Pakistan’s de-facto Finance Minister, Dr. Miftah Ismail apprised U.S officials in a meeting in Washington on Thursday that Pakistan wasn’t seeking any fresh...

Pakistan, Afghanistan agree to meet next month for resolving trade dispute

WASHINGTON: To resolve trade-related problems, Pakistan and Afghanistan have decided to set-up working groups and a high-level meeting in this regard will be held...

UPS targeting Pakistan’s growing international trade and CPEC

LAHORE: UPS, the international global logistic company is entering into a partnership with local logistics and shipping titan TCS, as it eyes Pakistan’s growing...

Appointment of bureaucrat as MD USC, may spark a dispute

ISLAMABAD: The incumbent government has made a contentious appointment of a bureaucrat to the post of managing director, Utility Stores Corporation (USC) which is...

Efforts afoot to introduce 5G technology in Pakistan by 2020: Anusha Rahman

ISLAMABAD: Minister of State for Information Technology and Telecommunication, Anusha Rahman on Friday said the government was making all-out efforts to ensure 5G technology...

Govt spent $7 billion to keep rupee overvalued against the U.S dollar

ISLAMABAD: A member of the Economic Advisory Council (EAC) has said the government spent $7 billion in last few years to keep the rupee...

Pakistan contemplating floating a Panda Bond: Report

LAHORE: Adviser to the Prime Minister on Finance, Dr. Miftah Ismail has stated Pakistan is contemplating to issue a debt denominated in Renminbi for...

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Three major banks are up for sale. Who will buy them?

For the first time in Pakistani history, three perfectly healthy and viable banks are simultaneously up for sale. None of them is a distressed...

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