Tractor production increases 15.44pc, reaches 67,371 units

ISLAMABAD: The domestic production of tractors during the first eleven months of the financial year 2017-18 registered over 36.61 per cent growth...

Global foreign investment flows tumble on Trump’s tax reform, OECD says

OECD's study revealed global foreign direct investment outflows tumbled 44 percent to $136 billion in the first quarter of this year, from $242 billion in the previous quarter

CPEC major driver of FDI in Pakistan

ISLAMABAD: The multi-billion-dollar China-Pakistan Economic Corridor (CPEC) is an open initiative that welcomes private-sector players from China, Pakistan and third countries to...

Experts believe Dollar may further weaken against Rupee

KARACHI: A crackdown on illegal money exchanges during the last few months and a smooth supply to the Exchange Companies from the...

Global stocks mostly higher, defying Facebook-led tech slump

Germany’s DAX added 0.1 percent to 12,823.64 and the CAC 40 in France was flat at 5,481.07 & Japan’s Nikkei 225 index added 0.6 percent to 22,712.75 and the Kospi in South Korea picked up 0.3 percent to 2,294.99

POL discovers oil in Khaur, North Punjab

KARACHI: Pakistan Oilfields Limited (POL) has successfully discovered hydrocarbons at Khaur North in their Khaur D&P Lease area in which the company...

Trump eases car tariff threat as U.S., EU launch talks to quell trade tensions

Europe has agreed to increase purchases of U.S. liquefied natural gas and lower trade barriers to American soybeans, aiding U.S. farmers and the energy sector, Trump said

China’s Xi says ‘no winner’ in any trade war

JOHANNESBURG: China's President Xi Jinping on Wednesday said that there would be "no winner" in any global trade war, in a direct...

Painful structural adjustments on macro weaknesses await next government

LAHORE: Structural weakness in Pakistan’s trade account deficit that has swelled commodity prices again, poses critical challenges which cannot be managed by...

Pakistan needs to expand water storage capacity: SAARC CCI

ISLAMABAD: SAARC Chamber of Commerce and Industry (SCCI) Senior Vice President, Iftikhar Ali Malik on Wednesday said Pakistan badly needed to expand its...

Private sector’s share of CPEC projects likely to increase: Global Times

BEIJING: The multi-billion-dollar China-Pakistan Economic Corridor (CPEC) is an open initiative that welcomes private-sector players from China, Pakistan and third countries to...

EU readying tariffs on $20 billion of U.S. goods, commissioner tells newspaper

STOCKHOLM: The European Union Commission is preparing to introduce tariffs on $20 billion of U.S. goods if Washington imposes trade levies on imported...

Stable policy environment overturns growth momentum

LAHORE: Pakistan’s Gross Domestic Product (GDP) growth momentum is expected to be dragged down by the current fiscal year while the stable policy...

Strong liaison among public bodies needed to expedite growth, remove bottlenecks: PM

ISLAMABAD: Caretaker Prime Minister Justice (r) Nasir-ul-Mulk has stressed the need for strong coordination amongst government bodies to provide maximum facilities to businessmen...

Reduction in taxes on essential items imperative for people, says ICST

ISLAMABAD: The Islamabad Chamber of Small Traders (ICST) on Sunday said taxes on essentials should be reviewed to shield the vulnerable from...