Sanjrani calls for strengthening Pak-China economic ties
Sanjrani expressed his willingness to strengthen exchanges and cooperation with Liaoning in port construction, economic and trade, high-tech, education and training, and continuously strive to consolidate China-Pakistan friendship
China offers Pakistan to trade in yuan, help decrease trade deficit
Sources quoting the Chinese ambassador said Beijing was contemplating to invite new Prime Minister Imran Khan as a guest of honour for China Import Fair set to be held in November 2018
Businessmen Panel for special measures to facilitate overseas Pakistanis
ISLAMABAD: The Businessmen Panel (BMP) a leading think tank group in the Chambers of Commerce suggested to the new government that special...
Rapid depletion in reserves, unsustainable fiscal deficit hurting economy
ISLAMABAD: The economy is facing a major economic challenge with rapid depletion of foreign reserves and unsustainable fiscal deficit denying the country...
Govt of Sindh to initiate Doing Business Reforms across major departments
KARACHI: The Government of Sindh is implementing the Doing Business (DB) Reforms across different departments, said Sindh Board of Investment (SBI) Chairperson,...
Forex Update: Pakistan’s foreign reserves stand at $16.713bn
KARACHI: According to the State Bank of Pakistan (SBP), the total liquid foreign reserves of the country stand at $16.713 billion.
According to...
Why Chinese banks are turning wary of Pakistan loans
Chinese banks have increased their commitment to Pakistani sovereign loans in recent years and policy lenders China Development Bank and the Export-Import Bank of China (Chexim) are playing a leading role in financing CPEC's construction of ports, power stations and transport links.
China, U.S. to hold next round of trade talks in late August
The world’s two largest economies have implemented several rounds of tit-for-tat tariffs on each other's goods since the start of the year and have threatened further tariffs on exports worth hundreds of billions of dollars
New govt tasked with saving economy from major crisis
BEIJING: The new Pakistani government has a major agenda of bringing the economy back on track. Imran Khan, whose political party emerged...
Slap a total ban on import of luxury items, urges SAARC chamber
ISLAMABAD: South Asian Association for Regional Cooperation (Saarc) Chamber of Commerce and Industry (CCI) Pakistan Chapter urged the upcoming government to slap a...
As imports taper off, trade deficit kept in check in July
ISLAMABAD: Pakistan’s exports posted a nominal growth of 1.2 percent in July compared to a year ago, reported the Pakistan Bureau of...
Malaysian businessmen hesitant in investing in Pakistan due to security issues
KARACHI: According to the Consul General of Malaysia in Karachi, many Malaysian companies are interested in investing in Pakistan but are afraid...
Locally manufactured car sales rise by 15.5pc in July
KARACHI: Pakistan’s locally manufactured car sales have gone up by 15.5 per cent in July 2018 (first month of the current fiscal...
Mandviwalla stresses need of FTA with Egypt
ISLAMABAD: The Deputy Chairman Senate Senator Saleem Mandviwalla Thursday stressed upon the need of inking a Free Trade Agreement (FTA) between Egypt and...
Thailand FTA worth $200 million benefits to Pakistan
ISLAMABAD: Pakistan would get benefits worth $200 million after signing the Free Trade Agreement (FTA) with Thailand and enhancing the bilateral trade volume,...