Pakistan uses up Chinese trade financing facility to repay debt
In the current fiscal year 2017-18, China has given about 40 per cent of total foreign loans.
Vast potential for economic cooperation with Pakistan: Japanese ambassador
ISLAMABAD: The Japanese Ambassador to Pakistan, Takashi Kurai has said that there exists a vast potential of economic cooperation between Pakistan and Japan.
Speaking at an...
U.S., EU take small step on trade, but no breakthrough at G7 summit
Expectations for a major breakthrough on trade at the summit, however, remain low, with U.S. allies focused on avoiding rupturing the G7, which in its 42-year history has tended to seek consensus on major issues
CPEC has changed the dynamics of Pakistan’s business & economic landscape
According to China Overseas Ports Holding Company (COPHC), Gwadar port's operator, some 20 companies in different businesses have already joined the Gwadar free zone with direct investment of 3 billion Chinese yuan (over 460 million U.S. dollars)
Belt & Road initiative could increase global trade by 12 percent: Report
ING’s report says countries in Central Asia and Eastern Europe would gain the most from BRI, however, benefits would be contingent upon where trade costs decrease
Oil and gas reserves to end after 10 years, reveals petroleum division
ISLAMABAD: Senate Standing Committee on Petroleum was informed on Thursday that the country’s existing oil reserves will see an end only after 10 years...
Another bailout package with IMF on the cards
ISLAMABAD: Although the government of Pakistan Muslim League Nawaz (PML-N) avoided another loan from the International Monetary fund (IMF) by the end of...
Expo Pakistan: A costly trip for Sialkot’s exporters to Chile
Leading manufacturers and exporters are returning highly disappointed from Chile a week after exhibiting their products at Pakistan’s largest trade event in the South American country.
Govt should take steps to control surge in power outages, demands ICCI
ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) Acting President, Muhammad Naveed Malik has called upon the government to take urgent measures...
Japanese electric rickshaws await FBR’s indulgence to launch in Pakistan
ISLAMABAD: The only hitch in the way of a Japanese company’s plans to introduce electric rickshaws in Pakistan through the import of...
Extension in Pak-China currency swap deal termed ‘pleasing’
LAHORE: The business community on Tuesday welcomed the extension in the currency swap agreement between Pakistan and China terming it beneficial for the local...
Pakistan exported record 370,000 tons of Kinnow in 2017-18
ISLAMABAD: Despite the unfavourable circumstances and various obstacles, Pakistan has exported a record 370,000 metric tons of Kinnow this year making it...
SAARC cannot progress In isolation: Iftikhar Ali Malik
ISLAMABAD: SAARC CCI Senior Vice President (SVP) Iftikhar Ali Malik said that the SAARC, a regional organisation cannot progress in isolation and...
Market Daily: KSE 100 starts positive, increases by 381.10 points
LAHORE:Â The Pakistan Stock Exchange (PSX) marked a positive beginning to the week. The weekend brought in the news of a smooth transfer...
Tea imports growth recorded at over 9% in 10 months
ISLAMABAD: The tea imports into the country witnessed an increase of 9.04 percent during the first ten months of the current fiscal...