Imposition of sin tax on tobacco industry recommended
ISLAMABAD:Â National Health Services Minister Aamer Mehmood Kiani has called for collaborated efforts with the Ministry of Finance to raise the taxation on...
Pakistan to share Chinese debt details with IMF, says Asad Umar
Decision to approach IMF was made after consultation with KSA, China
ISLAMABAD:Â Pakistan will be sharing the details of debt it received from...
Indonesia asked to setup JVs for palm oil production in Pakistan
ISLAMABAD:Â Islamabad Chamber of Commerce and Industry President Ahmed Hassan Mughal has urged the Indonesian investors to set up joint ventures in Pakistan...
Fawad welcomes Spanish investment in energy, tourism
ISLAMABAD:Â Information and Broadcasting Minister Chaudhry Fawad Hussain on Friday welcomed the Spanish companies for investing in the energy, infrastructure and tourism projects...
IMF warns trade friction, market turmoil to hurt Asian growth
The IMF maintained its forecast that Asia’s economy will expand by 5.6 percent this year but cut its projection for next year to 5.4 percent, down by 0.2 points from April
China’s Hunan province delegation interested in JVs, investment in Pakistan
ISLAMABAD:Â A delegation of China Council for Promotion of International Trade (CCPIT) led by its Vice President Wu Dengguo visited the Islamabad Chamber...
CPEC debt servicing to commence in year 2021, says official
The spokesman said Pakistan has opted for Chinese investments under CPEC due to the favourable financing arrangements
PM seeks details of loans taken in last decade
ISLAMABAD: Deeply concerned over the alarming rise in the country’s debt from Rs6 to 30 trillion in the past ten years, Prime...
Exports surge by 4.56pc in three months
KARACHI: Pakistan’s exports enhanced by 4.56 per cent to $5.390 billion in the first three months of Financial Year 2018-19, as compared to...
Global financial stability risks rising with trade tensions, IMF says
In the report, the IMF said economic growth appears to have peaked in some major economies while the gap between advanced countries and emerging markets was widening.
CPEC not behind Pakistan’s debt problem: Chinese FM
Chinese Foreign Ministry spokesperson Lu Kang said on Tuesday that Pakistan's debt problem was not caused by cooperation projects under the China-Pakistan...
Pakistan, China sign $200m agreements for seafood, steel and agri trade
China will invest $200 million in Pakistan’s seafood, steel and agriculture sector to boost bilateral business between the two Asian neighbours.
Pakistani officials...
KCCI laments record rupee depreciation
-- Chamber president says rupee devaluation will result in skyrocketing inflation that would eventually lead to higher interest rates
KARACHI: Karachi Chamber of Commerce...
China slashes banks’ reserve requirements as trade war imperils growth
The reserve requirement cut, the fourth by the People’s Bank of China (PBOC) this year, comes as Beijing has pledged to expedite plans to invest billions of dollars in infrastructure projects as the economy shows signs of cooling further, with investment growth slowing to a record low
Japan cheesemakers fret over EU trade deal
It was three decades ago, but Kazuhiko Ochiai still remembers his first taste of cheese when he visited France, a palate pleaser...