Despite recent softening, global economic growth will remain robust at 3.1 percent in 2018 before slowing gradually over the next two years, as advanced-economy growth decelerates and the recovery in major commodity-exporting emerging
Dr. Shamshad Akhtar, the Minister for Finance, Revenue, Economic Affairs, Statistics and Planning and Development chaired a meeting here on Wednesday to review the performance of the Federal Board of Revenue in the
Sojitz Corporation (Sojitz) along with Nishat Mills Limited and Its associates (together referred as NML), a consortium forming part of major Pakistani Conglomerate Nishat Group, and Millat Tractors Limited (MTL), Pakistan’s largest tractor
In May, the Securities and Exchange Commission of Pakistan (SECP) registered 1,094 new companies. As compared to the corresponding month of last financial year, it represents a growth of 17 percent, raising the total number
The government is encouraging establishment of new deep conversion oil refineries by extending a landmark incentive package including exemption from all duties, taxes, surcharges and levies on import besides a 20-year income tax
Pakistan Railways inducted as many as 145 new locomotives in the fleet during last five years to facilitate the passengers and generate more revenue for the department. “Currently Pakistan Railways had owned 468
The total inflows of external financing are expected to the tune of over US$ 11.653 billion during the upcoming fiscal year (2018-19). “Total inflows of external financing are expected to be US$ 11,653.9
The export of cement from the country soared by 42.52 percent to $19.14 million in April 2018 from $13.4 million in same month a year ago, latest data of Pakistan Bureau of Statistics
Australia's economy grew at a faster-than-expected pace at the start of this year, with exports and business inventories rising even as consumer spending remained weak, official data showed Wednesday. The 1.0 percent growth
Energy Experts on Wednesday said that development of new water and hydropower projects is the need of the hour to meet the ever-increasing demand of water and energy in country. Energy Expert Hanan
US Oil prices edged high on Wednesday after industry data showed a fall in US crude Inventories. Crude oil is trading at $65.89 a barrel up by 0.39 percent whereas Brent is currently
Tokyo stocks closed slightly higher on Wednesday supported by a cheaper yen, despite ongoing concerns about global trade tensions and European political turbulence. The benchmark Nikkei 225 index rose 0.38 percent or
The Punjab government has launched second phase of up-gradation of Livestock for increasing milk and meat production in the country. The Additional Director Livestock and Dairy Development, Gujranwala, Dr. Rana Abdul Rauf talking
The government has released over Rs. 741.6 billion under its Public Sector Development Programme (PSDP) 2017-18 for various ongoing and new schemes against the total allocations of Rs. 1,001 billion. The released funds
The government has so far released Rs. 494.994 million for various ongoing and new projects of Revenue Division under the Public Sector Development Programme (PSDP) for the current fiscal year (2017-18). The government
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