LNG is the future and only option to save foreign exchange for Pakistan: Iqbal Z Ahmed
By 2020, it is anticipated the country’s LNG imports will rise to 30 million ton
Govt discerns over 24,000 properties for privatisation to raise proceeds
The cabinet was informed that around 24,066 properties fell in three brackets, rest house, federal government property and residence
Readymade garments export reaches $599m in three months
ISLAMABAD:Â Readymade garments worth $599.260 million were exported in the first quarter of the current financial year (FY19) as compared the exports of...
Banking sector profits decline by 27pc to Rs31.6bn
KARACHI: The profitability of Pakistan’s banking sector declined to Rs31.6 billion during the third quarter of 2018, down by 27 per cent YoY...
Oil edges up on hopes that U.S. and China can resolve trade dispute
Front-month Brent crude futures were at $73.04 per barrel at 0520 GMT on Friday, up 15 cents, or 0.2 per cent, from their last close.
Yen falls, Australian dollar gains as U.S.-China trade angst eases
Worries about Chinese economic growth and the trade row had pushed the offshore yuan to a 22-month trough of 6.9800 midweek.
Global shares rally, dollar eases as Trump report fans U.S.-China trade deal hopes
SHANGHAI/TOKYO: Asian shares rocketed to three-week highs on Friday while the dollar softened on a report that U.S. President Donald Trump is...
Chip sector slowdown hits Swiss tech group Comet
Lower sales growth, shifts in the product mix and higher-than-expected restructuring costs would also hit profitability this year, the company said in a statement.
Exports of engineering products post 21pc increase in FY18
ISLAMABAD:Â Exports of engineering products in the last fiscal year 2017-18 registered about 21 per cent growth as compared to the previous year...
PSX stays afloat amid volatility, gains 66.74 points
Foreign investors continued to off-load on Wednesday once again with a net outflow of $1.06 million
Meezan Bank and Hyundai Nishat Motor sign Rs5.66b Islamic finance facility
Meezan Bank is the sole lead arranger of this Islamic finance facility for Hyundai Nishat to finance its upcoming vehicle manufacturing project
Transactions through e-banking channels touched Rs47.4 trillion in FY18: SBP
The number of local e-commerce merchants registered with banks reached 1,094 and consumers carried out 3.4 million online e-commerce transactions valuing Rs 18.7 billion
Shell profits soar to four-year high
The world’s second-largest listed oil and gas company saw its cash generation from operations rise by nearly 60 percent to $12.1 billion, as deep cost savings in recent years filtered through
FATA has attracted Rs3.5b investment from oil & gas companies in last one year
Oil and Gas Development Corporation Limited (OGDCL), Al-Haj Enterprises Pvt Ltd, BGP (Pakistan), Xian Senshe, Geofysika Krakow and MOL (Pakistan) have established base camps in different agencies in erstwhile FATA
APTMA seeks $5b credit line from China for new investments and joint ventures
Pakistani textile export constitutes a meagre 3% of China's textile and clothing imports of $268 billion