EconomyPakistan
PIA to launch yet another international route flights
ISLAMABAD – Pakistan International Airlines (PIA) to launch yet anotherinternational route flights. PIA is gearing up to resume direct flights...
EconomyPakistan
State Bank of Pakistan issues new SOP for politicians bank accounts
ISLAMABAD – State Bank of Pakistan (SBP) has devised the StandardOperating Procedures (SOPs) to facilitate and streamline account openingprocess of...
EconomyWorld
IMF sees dangers from trade tensions, overvalued dollar
WASHINGTON: The International Monetary Fund said that the US dollar was overvalued by 6 percent to 12 percent, based on...
EconomyPakistan
Huawei plans 170mln investment in Pakistan
ISLAMABAD: Chinese multinational technology company Huawei Group on Wednesday unveiled $170 million investment plan to set up its regional headquarters...
EconomyPakistan
Pakistan foreign exchange reserves register sudden growth
KARACHI: Total liquid foreign reserves of the country stand at dollars15.249 billion, said the State Bank of Pakistan (SBP). SBP’s...
EconomyPakistan
Has Pakistan shared important CPEC data with IMF?
ISLAMABAD: The Senate Standing Committee on China Pakistan EconomicCorridor (CPEC) was informed on Thursday that the government had not sharedany...
EconomyPakistan
SBP declares three Pakistani banks as Systemically Important Banks
ISLAMABAD: The State Bank of Pakistan (SBP) on Thursday announced thedesignation of Domestic Systemically Important Banks (D-SIBs) for the year2019...
Economy
Pakistan CAA suffered loss of Rs 8.5 billion owing to air space closure
KARACHI – Federal Minister for Aviation Ghulam Sarwar Khan Thursday saidPakistan Civil Aviation Authority (CAA) has suffered a loss of...
Economy
Chinese Telecom giant to establish phone manufacturing factory in KP
PESHAWAR – A Chinese Telecom Company has expressed its interest inestablishing a cell phone manufacturing factory in Khyber Pakhtunkhwa. The...