EconomyPakistan
IMF raised concerns over certain CPEC projects
ISLAMABAD – The International Monetary Fund (IMF) has expressed concernsover the energy deals reached under the China-Pakistan Economic Corridor(CPEC). On...
EconomyPakistan
Gas loadshedding plan revealed for winter season
*ISLAMABAD – Pakistani consumers to face gas loadshedding during winters,it has been revealed.* *The Ministry of Energy and Petroleum Division...
EconomyPakistan
CPEC: Pakistan to double wind and solar energy production
ISLAMABAD – The priority projects in energy sector under China PakistanEconomic Corridor (CPEC) would help Pakistan optimizing the energystructure by...
EconomyPakistan
Pakistan Foreign exchange reserves hit new low
KARACHI – Foreign exchange reserves held by the central bank continues toshow downward trend for the 11th consecutive week as...
EconomyPakistan
Pakistan kicks off crucial talks with IMF over possible bailout package
ISLAMABAD – Pakistan begins talks with the International Monetary Fund(IMF) on Wednesday over what would be the country s 13th...
EconomyPakistan
Federal government awards licence to yet another Airline
ISLAMABAD – The federal cabinet has decided to grant the Regular PublicTransport License (RPTL) to the newly introduced Liberty Air...
EconomyPakistan
One of the World s largest mobile payment platform makes entry into Pakistan
ISLAMABAD – The Competition Commission of Pakistan has approved Alipay(Hong Kong) Holding Limited’s acquisition of 45% shareholding inTelenorMicrofinance Bank Limited,...
Economy
Turkmenistan, Afghanistan and Pakistan power transmission Lines: New developments reported in 1.6 billion project
KABUL – New developments have been reported in Turkmenistan, Afghanistan,and Pakistan (TAP) power transmission Lines in capital Kabul today. The...
EconomyPakistan
Shaheen Airlines to be acquired by Saudi Prince
ISLAMABAD – Shaheen Air International (SAI) to be acquired by Saudi Prince,media report has suggested. As per the media report,...
EconomyPakistan
US Dollar rate rises against Pakistani Rupee in interbank market
KARACHI – US Dollar rate in interbank market on Thursday has increased by35 paisa after which its value has reached...