New York, March 7: Wall Street stocks fell in early trading on Thursday, extending a negative streak as the European Central Bank slashed its growth forecast. The Dow Jones Industrial Average, which has
March 7, 2019: The pharmaceutical products worth US $122.181 million were exported during first seven months of current financial year as compared the exports of US $118.942 million of the corresponding period of
March 7, 2019 (MLN): Engr. Daroo Khan Achakzai, President FPCCI has released a report on “Economic Relations between Pakistan and Vietnam” which were prepared by Research and Policy Division of FPCCI. The President
March 7, 2019: Advisor to Prime Minister on Institutional Reforms and Austerity, Dr Ishrat Hussain Thursday said that the government was considering a proposal to delegate more financial powers to the line ministries
March 7, 2019: The government has so far released an amount of Rs240.890 million for various projects of the Industries and Production Division under the Public Sector Development Programme (PSDP 2018-19) against the
March 7, 2019: Pakistan is ready to avail the opportunity emerged after announcement by the US to withdraw special duty benefits on around US$5.6 billion Indian exports under Generalized System of Preference (GSP).
March 7, 2019: Global supplies of copper are far from secured with mining companies facing a myriad of environmental, social and governance challenges, a study has shown. In the coming age of renewables,
March 7, 2019: Prime Minister Imran Khan has directed to complete construction work of Kartarpur corridor swiftly. In a statement in Islamabad on Thursday, he directed Frontier Works Organization (FWO) to complete standard
March 7, 2019: Asian markets stuttered Thursday with no fresh news on the China-US trade front and as investors turn their attention to further signs of weakness in the global economy. A worldwide
March 7, 2019: US manufacturers increasingly worry trade spats and other factors will dampen their growth prospects, while widespread worker shortages are also hampering industries nationwide, the Federal Reserve said Wednesday. Even though
March 7, 2019 (MLN): Senate Standing Committee on Commerce and Textile Industry in its meeting has recommended to bring Pakistan Cotton Research Centre back under the control of Textile Industry Division from Ministry
March 7, 2019: Saudi Foreign Minister Adel al-Jubeir will arrive in Islamabad today on a day-long official visit to Pakistan. He will meet Prime Minister Imran Khan, Foreign Minister Shah Mehmood Qureshi to
Washington, March 6: Despite reporting solid growth in recent weeks, US manufacturers increasingly worry trade spats and other factors will dampen the outlook, the Federal Reserve said Wednesday. At the same time, widespread
ISLAMABAD, Mar 6: Minister for Finance, Revenue and Economic Affairs Asad Umar on Wednesday informed the Senate that the sale prices of petroleum products were fixed in paisas along with rupee as per
March 6, 2019 (MLN): The Government of Pakistan has, after discussion with various stake holders, proposed amendments to make the Finance Supplementary (Second Amendment) Bill, 2019 more comprehensive and investment friendly. Finance Minister
ISLAMABAD, September 12: The Senate of Pakistan has passed the Corporate Rehabilitation Bill, 2017. The Minister for Law, Zahid Hamid, moved the Bill. Senator Saleem Mandviwalla also supported the Bill, saying that the Standing Committee had
USF Policy Committee Meeting, the management forum for the USF, was convened on Tuesday in the Ministry of Information Technology and Telecom, Islamabad. The Minister of State for IT & Telecom; Mrs. Anusha Rahman chaired the meeting in
The KSE-100 index was banking this week on earnings from refineries; however the earnings, safe to say, within the market expectations. Barring the sequential decline in Millat Tractors Ltd. (MTL), the stock held its own
U.S. Deputy Chief of Mission (DCM) to Pakistan John Hoover inaugurated the International Conference on Sustainable Energy Technologies. The two-day conference is organized by the U.S.-Pakistan Center for Advanced Studies in Energy (USPCAS-E) – a United States Agency for
The Asian Development Bank (ADB) and Pakistan signed a loan agreement for $100 million that will improve and strengthen the standards in the development and delivery of Public-Private Partnership (PPP) projects to increase investment in
Overseas Pakistani workers remitted US $3496.13 million in the first two months (July to August) of FY18, compared with US $3089.02 million received during the same period in the preceding year. During August 2017, the
In order to promote the ease of doing business, the Securities and Exchange Commission of Pakistan (SECP) has introduced numerous reforms through the enactment of the Companies Act, 2017. In order to increase the number
The Pakistan Economy Watch (PEW) on Tuesday asked the government to take note of worsening economic situation and take remedial steps without any delay. The current economic situation has emerged as the greatest threat to the limping
The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) on Tuesday asked the government to take steps to improve the economic situation for which future economic direction should be the first step. Seventy years into its
The Boards of Younus Brothers Group Pakistan and Sapphire Group announce their investment decision for ENERGAS LNG Terminal to be developed at Port Qasim. The LNG terminal is designed to berth a FSRU of 173,340
The Asian Development Bank (ADB) and Pakistan today signed a $335 million loan to help develop a Bus Rapid Transport (BRT) system in Peshawar, the capital city of Khyber Pakhtunkhwa province. The project will improve
The Federal Minister for Commerce, Mohammad Pervaiz Malik said this in a meeting with U.S Ambassador to Pakistan, Mr. David Hale who called on the Federal Minister for Commerce today. The Commerce Minister said that
Federal Minister for Planning, Development and Reform and Deputy Chairman Sartaj Aziz said that Pakistan has been suffering from a multi dimensional energy crisis during the past decade. Power shortages coupled with high cost of
The figures posted on the Pakistan Bureau of Statistics have been revised downward and now the exports for the month of August have been 1.86 billion dollars versus earlier figures of 2.069 billion dollars. Since
According to figures released by the PBS, Pakistan’s trade deficit was $3.423 Billion in August 2017, compared to a deficit of $3.204 Billion in July 2017 and a deficit of $2.65 Billion in August 2016.
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