CPEC western route highways hit by funding, approval snags

ISLAMABAD: In a presentation to the Senate Standing Committee on Planning and Development, the National Highway Authority (NHA) conceded Monday that the CPEC...

FDI increases to $233.8mn in FY2017-18

ISLAMABAD: Foreign Direct Investment (FDI) in Pakistan has increased to $233.8 million in the fiscal year of 2017-18 whereas, during 2010 to...

Petroleum division to approach NAB to investigate Pak-Qatar LNG deal

2nd LNG supply deal between Qatar and Pakistan highlights surprising terms and conditions for the buyer: sources

Pakistan only better than Myanmar, Bangladesh in ‘ease of doing business’

Ranks 147 out of 190 in the global list of ranked countries

SECP registers 1,101 new companies in Aug

ISLAMABAD: In August 2018 despite Eid holidays, the SECP registered 1,101 new companies – representing 17 percent growth over the corresponding month in the last fiscal, raising...

China’s Xi offers another $60 billion to Africa

Chinese companies will be encouraged to invest no less than $10 billion in the continent in the next three years

Iraq oil exports hit 2018 peak in August

Iraq's oil exports for August hit their highest monthly figure this year, the oil ministry said Saturday, with nearly 112 million barrels...

US planning to boost investments abroad to counter China’s growing influence: report

WASHINGTON: The United States is working to create a new agency with broad authority to compete with China in offering countries financing...

Cabinet to ratify decisions regarding import of vintage cars, cars for disabled persons

ISLAMABAD: The federal cabinet will ratify decisions taken by the previous government pertaining to import 50-year-old vintage cars and up to 1350cc...

Ethiopia debt woes curtail China funding

Ethiopia has been a top destination for Chinese loans in Africa, despite its lack of natural resources, with state policy banks extending it more than $12.1 billion since 2000

Dollar rises for second day as U.S., Canada end talks with no deal

The greenback is on track to end the month of August on a positive note, up about 0.6 percent amid trade tensions

Govt determined to develop CPEC to eradicate poverty: Khusro

ISLAMABAD: The government is determined to develop Cthe hina-Pakistan Economic Corridor (CPEC) to eradicate poverty, provide education to youth, and create job...

Market Daily: KSE-100 drops 121.28 points

LAHORE: Bears were in control of the Pakistan Stock Exchange (PSX) for the fourth consecutive session while the Finance Minister briefed the Prime...

Iran’s foreign minister calls on Asad Umar, urges for better relations

LAHORE: The Foreign Minister of Iran Jawad Zarif called on the Federal Minister for Finance, Revenue and Economic Affairs Asad Umar this...

9 Pakistani companies represent country at Shanghai textiles fair

KARACHI: Asia’s premier textile fair which held its 22nd edition from 27 to 30 August 2018 in Shanghai was attended by 40,000...