Prospect of Fed cut pushing dividend investors into tech, energy
NEW YORK:Â An expected interest rate cut by the Federal Reserve later this month is pushing yield-oriented US fund managers further afield in...
Spices’ exports increase 11.77pc
Exports of spices from Pakistan witnessed an increase of 11.77 per cent during the first 11 months of the last fiscal year...
PEW calls for mechanism to analyse impact of increased taxes
ISLAMABAD:Â The Pakistan Economy Watch (PEW) on Saturday demanded the establishment of a commission to analyse the impact of increased taxes on the...
PM urged to strike preferential trade deal with US
'US should compensate to some extent the huge economic losses incurred by Pakistan post 9/11'
ISLAMABAD:Â The Islamabad Chamber of Commerce and Industry...
Services sector grows by 4.7pc in FY19: SBP
ISLAMABAD:Â The services sector of the country grew by 4.7pc during the financial year 2018-19, representing a slowdown when compared to last year,...
BOI chief stresses need for transfer of technology
KARACHI: Board of Investment (BOI) Chairman Zubair Gilani said on Saturday that the incumbent government, as per its investment policy, was focusing...
China unveils new financial opening-up measures
BEIJING:Â China has announced a slew of new measures to further open up its financial markets, according to the office of financial stability...
‘Fair taxation system imperative to make Pakistan an equitable society’
Shabbar Zaidi says policies of previous govts made Pakistan a trading state instead of a semi-manufacturing state
ISLAMABAD: Federal Board of Revenue...
Toyota, China’s BYD team up to develop battery EVs
TOKYO:Â Toyota Motor said it would develop battery electric vehicles (EVs) and batteries with BYD Co Ltd, in a sign it was ramping...
PIA must upgrade IFE system to survive among regional rivals
Modifications to any aircraft system, including inflight entertainment (IFE), by a person not authorised to do so by the European Union Aviation...
PepsiCo buys Pioneer Foods for $1.8bn in Africa push
JOHANNESBURG: US beverage and food giant PepsiCo has agreed to buy South Africa's Pioneer Foods for about 24.4 billion rand ($1.8 billion),...
Pakistan lost $50m from airspace restrictions: minister
KARACHI:Â The aviation minister has said that Pakistan suffered loses of over Rs8 billion ($50 million) from airspace restrictions imposed since February which...
BMW, Tencent to open computing centre in China for self-driving cars
BEIJING: German automaker BMW and Chinese online gaming giant Tencent Holdings are teaming up to launch a computing centre in China that...
Govt released 18pc extra funds for CPEC projects in FY19, Senate told
ISLAMABAD:Â Planning Secretary Zafar Hassan on Friday informed the Senate's Standing Committee on Planning and Development that the government had spent 18pc extra...
France provides €50.2m loan for Chitral, Dargai hydropower plants
ISLAMABAD: Economic Affairs Division Secretary Noor Ahmed, Ambassador of France to Pakistan Marc Barety and French Agency for Development (AFD) Country Director...