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...
No Muslim country among top 10 halal food traders
KARACHI: Halal food is meant to be the food that is prepared and preserved in accordance with the Islamic laws. Usually, it...
Pakistan demands advance payment for projects from KSA
The Arab country may invest in the oil city and Special Economic Zones (SEZs) of CPEC for which the Chinese government has no objection,
Adhocism, poor governance main causes of declining cotton production
ISLAMABAD: Owing to the incumbent and previous governments’ lack of interest in the agriculture sector, the production of cotton, and more importantly, the...
Govt considers Afghan request for removal of duties on fruits, vegetables
ISLAMABAD: Prime Minister’s Adviser on Commerce, Textile, Industry and Production and Investment Abdul Razak Dawood on Wednesday said export volume between Pakistan and...
Made in Pakistan expo starts in Kathmandu
ISLAMABAD: The ninth edition of Made in Pakistan Expo kicked off on Wednesday at the United World Trade Centre in Kathmandu, Nepal.
The week-long...
Trump hits Brazil, India commerce after clinching North American trade deal
Trump’s “America First” trade policies, particularly his escalating trade war with China, are aimed at boosting U.S. manufacturing, but they have spooked investors who worry that supply lines could be fractured, and global growth derailed