As the arrival of Crown Prince of Saudi Arabia opened way to various new avenues for Pakistan by signing of $20 billion (Rs2.8 trillion) memoranda of understanding (MoUs) with an aim of further
London, Feb 23: Three members of Prime Minister Theresa May's cabinet warned Saturday that Brexit must be delayed if she cannot persuade the British parliament to back her EU divorce deal next week.
Market Data and Economic Indicators Weekly Performance Feb 22, 2019 Feb 15, 2019 PKR InterBank 138.546 138.8317 KSE100 Index 40,016.13 40,486.67 Avg Daily Volume 105,336,660 135,270,288 Gold (Karachi) Rs/10 gm 59,242 58,428
LAHORE: The All Pakistan Textile Mills Association (APTMA) Chairman Syed Ali Ahsan has said the export enablers ensured by the government are likely to increase textile and clothing exports to $15 billion during
Washington, Feb 23: US President Donald Trump said on Friday a trade summit with Chinese leader Xi Jinping was likely next month, and hailed two days of “very good talks” by negotiators. The
London, Feb 22: World stock markets advanced Friday as investors awaited what they hoped will be encouraging news from US-China trade talks in Washington, dealers said. Europe's key equity markets were modestly higher
LAHORE, Feb 22: Federal Minister for Energy (Power Division) Omar Ayub Khan Friday said the government has set target of 55,000MW power generation by 2030 out of which 18,000MW power generation will be
February 22, 2019: Honorary Consul General of Rwanda ,Farooq A. Khawaja Friday said that Africa is billions dollars export market for Pakistan, which has been neglected so far and stressed that Pakistani exporters
February 22, 2019: Engr. Daroo Khan Achakzai, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has expressed his serious concern and anxiety over the critical situation prevailing between India
February 22, 2019: Following a comprehensive bidding and evaluation process and exhaustive technical negotiations, the Pakistan Water and Power Development Authority (WAPDA) in a meeting held today accorded approval to award contract to
February 22, 2019 (MLN): Pakistan’s terms of trade have not only been adverse, but have also deteriorated over the years, which has unfavorably impacted the economy in terms of growth and balance of
February 22, 2019 (MLN): The Financial Action Task Force (FATF) has pronounced Pakistan’s efforts to curb terror financing and money laundering as ‘limited’ based on the country’s inability to demonstrate a proper understanding
February 22, 2019: Federal Minister for Planning Development and Reform Makhdum Khusro Bakhtyar has said that 12th Five Year Plan has extensively covered growth, macro stability, expand agriculture production, galvanize agro-business potential, industry
February 22, 2019: The government has released a sum of Rs. 33,365.570 million for various water and power projects in annual Public Sector Development Programme (PSDP) for fiscal year 2018-19 so far. According
February 22, 2019 (MLN): Pakistan’s Sensitive Price Index (SPI) for the combined group during the week ended February 21, 2019 has inched up by another 0.34% over the week whereas change as compared
PML-N to retain Power in 2018 Election China Will Remain Pakistan’s Leading Economic Partner Government to Face Opposition to Sell-Off State Run Units Inflation to Pick Up Owing to Global Energy Price Increase PKR expected
Karachi Traders Alliance on Tuesday questioned claims of the government regarding economic development terming it eyewash. Production, exports, exchange rate and production continue to fall while the country is progressing in slogans, crimes, uncertainty and acquiring loans,
Islamabad Chamber of Small Traders on Sunday said record trade deficit is becoming unmanageable and it may soon result in new IMF loan and mini-budgets. The trade deficit for eleven months has touched an all-time
The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) on Sunday said non-payment of refunds has become a threat to the export sector and the fragile economy. The policy of blocking refunds to show
Finance Minister Muhammad Ishaq Dar says budget of current fiscal year has been prepared with the primary aim of providing relief and increasing the welfare of the general public. He stated this while presiding over
The Pakistan Economy Watch (PEW) on Sunday said the country is spending billions of dollars on the import of agricultural products which indicate the want of enabling policies. Pakistan can save billions of dollars annually by
Finance Minister, Senator Mohammad Ishaq Dar, chaired a meeting at the Ministry of Finance on Sunday on implementation measures for the budget for FY 2017-18. The Finance Secretary briefed the Finance Minister on the status
Pakistan Railways has experienced surge of more than Rs. 20 billion in revenue and its deficit slashed by Rs. 10 billion during the last four years along with improved services for the people. It was
Ambassador of Pakistan to France Moin-ul-Haque on Friday said that Pakistan is on an upward growth trajectory since last four years and experiencing robust growth since last four years. He expressed these views during his meeting with
WASHINGTON — President Donald Trump on Thursday promoted a “golden era” of the U.S. energy business by seeking to assert power abroad through a boost in natural gas, coal and petroleum exports. In what he called
WASHINGTON — The U.S. economy grew a little faster than first thought in January, February and March, as new data showed more strength in consumer spending and exports. The Commerce Department said Thursday the world's largest
The Federal Reserve has given the green light to all 34 of the biggest banks in the U.S. to raise their dividends and buy back shares, judging their financial foundations sturdy enough to withstand a
Finance Minister, Senator Mohammad Ishaq Dar chaired a meeting at the Federal Board of Revenue (FBR) on Wednesday regarding the state of tax revenue collection in the current fiscal year. Finance Secretary, Chairman FBR, and
Chinese state-run daily Global Times has termed India's efforts towards establishing trade linkages in the region 'geopolitical stubbornness' and urged New Delhi to develop economic and trade relations with Islamabad instead of bypassing Pakistan entirely. A column published by the GT discussed whether
Chinese Special Envoy for Afghanistan Affairs Deng Xijun says good friendly relations between Pakistan and Afghanistan and peace and stability in the region are in the best interest of China. Talking to newsmen in Beijing, he said as Pakistan and China are neighbors and important
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