Interloop targeting Pakistan’s largest-ever private sector IPO
The nation’s 7th largest exporter is keen to get listed on the Pakistan Stock Exchange
021Disrupt: First step towards building a Silicon Gali in Pakistan?
How one conference wants to help create an entrepreneurship ecosystem in the country that badly needs one
ECC to decide on issues of surplus wheat, PPAF, PSM dues
LAHORE: A meeting of the Economic Coordination Committee (ECC) of the Cabinet will be held on Tuesday, 20 November 2018, stated a notification...
Pakistan’s first tranche of $1 billion aid from Saudi Arabia to arrive on Monday: Asad Umar
The second and third tranche are expected to be received over the course of next two months from Saudi Arabia
Asad Umar says no plan to privatise ‘strategically important’ PSM, PIA
'Govt has given PSM management a 45-day ultimatum to come up with a comprehensive plan with regard to running the mill...
Pakistan involved in various projects to meet energy needs
TAPI project will cost an estimated $7-9 billion and will transfer 90 million cubic metres of gas per day to these countries
ECC not to interfere in cement industry, permits them to increase prices
According to the Ministry of Industries and Production, in spite of the high cost of production and higher taxes, the prices of cement in Pakistan were lower than those in India and Sri Lanka
IMF proposes government to raise GST to 18% as part of comprehensive fiscal adjustment
IMF has recommended bolstering revenue collection at the import stage because of 26% depreciation of the rupee since January 2018 and imminent depreciation under its programme
Pakistan goes against the grain with coal power spree
Environmental concerns about Pakistan's coal spree go beyond the villages of Thar. The UN has warned that the country risks an “absolute” water shortage by 2025, and activists have warned about the impact of such industries on increasingly scarce water supplies
Current account deficit balloons 34% MoM in October to $1,218 million
In the first four months (July-October) of current FY19, current account deficit has fallen by 4.6% year-on-year (YoY) to $4,840 million
Fresh audit reveals PIA’s market share greatly diminished between 2008-2017
According to the audit report, the state-owned airline couldn’t continue as a going concern without the assistance of the government since it had accumulated a loss of Rs361 billion till December last year
GNL set to launch Renault trucks in Pakistan
GNL will be responsible for the import, distribution and after-sales service of the three new ranges and also the CKD assembly at its manufacturing site located at Port Qasim, Karachi by the end of next year
Engro needs a year for next LNG import terminal decision
Royal Dutch Shell, trading house Gunvor and local company Fatima are partners in Engro’s second planned terminal which would be located at Port Qasim with a Floating Storage and Regasification Unit (FSRU) vessel processing the gas
IMF bailout still in Pakistan’s best interest, says Asad Umar
'It will be a huge challenge if there is no headway in the negotiations in the next few days'
Finance Minister Asad...
IMF hopeful of economic turnaround under incumbent regime
Mission says CPEC will not only increase Pakistan's energy production but will also help the country achieve sustained economic growth
ISLAMABAD: The International Monetary Fund...