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
Brussels, March 6: European Union and British negotiators conceded Wednesday that talks aimed at getting their Brexit agreement through parliament in London have been “difficult” as a solution remained elusive three weeks before
ISLAMABAD, Mar 6: Minister for Finance, Revenue and Economic Affairs Asad Umar told the Senate on Wednesday that no bailout package had been approved for any state institution by the government during current
March 6, 2019: Prime Minister Imran Khan on Wednesday approved, in principle, the first ever ‘National Tariff Policy’ (NTP) of the country to ensure transparency, predictability and institutionalizing the entire structure of the
March 6, 2019: President Dr. Arif Alvi has underscored the need for value-addition in all sectors, especially in textile, for increasing Pakistan's exports in international market. Talking to a delegation of All Pakistan
March 6, 2019: The Senate was informed on Wednesday that government has ensured uninterrupted gas and power supply to industry, relief in taxes and clearance of refunds to enhance industrial growth. Responding to
March 6, 2019 (MLN): The Central Government’s debt and liabilities by the end of January 2019 had risen to Rs.18.45 trillion as per a statistical report release by the State bank of Pakistan,
March 6, 2019: The imports of agriculture machinery into the country during first seven months of current financial year increased by 6.72 percent as compared the imports of the corresponding period of last
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 $2.65 Billion in August 2016.
The President and CEO of National Bank Pakistan (NBP) Mr. Saeed Ahmad visited the Gwadar region to assess prospects for NBP to play an active role for participation in business opportunities and to strategically focus
The government has released over Rs 132.87 billion under its Public Sector Development Programme (PSDP) for the fiscal year 2017-18 for various ongoing and new schemes against their total allocations of Rs.1001 billion. The released
Pakistan’s total tax revenue witnessed gradual increase from 10.6 per cent of Grand Domestic Product (GDP) in 2000 to 12.6 per cent of GDP in 2016. According to a report released by Asian Development Bank
About 24,393 metric tons of fresh fruits worth US$ 19.483 million was exported during the first month of current financial year as compared the exports of the corresponding period of last year. According the data
The Federal Board of Revenue (FBR) would brief the Senate Committee on Finance, Revenue and Economic Affairs on the issue faced by importers on the import of solar power generator systems during its upcoming meeting
Pakistan and Bosnia have agreed to enhance bilateral trade and withdrawal of double taxation system. The agreement was reached during a meeting between President Mamnoon Hussain and Bosnian counterpart and Herzegovina Bakir Izetbegovic, on the sidelines of OIC
The oil markets reacted positively to Saudi Arabia's talks of extending supply cuts in the coming months. The Saudi Arabian Oil Minister discussed a possible extension of cuts with his Venezuelan and Kazakh counterparts. News
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