Economy
World Bank commits 700 millions to Pakistan
WASHINGTON – World Bank is committing over seven hundred million dollarsthrough four projects to put Pakistan on the path of...
Economy
For the first time in history, Pakistan Russia in business deals worth 10 billions
ISLAMABAD – Federation of Pakistan Chambers of Commerce and Industry(FPCCI) on Saturday said the business community of Pakistan was eager...
Economy
Most strategic project of the CPEC gets the final nod
ISLAMABAD – Pakistan has cleared the Mainline-I project of theChina-Pakistan Economic Corridor (CPEC) at an initial price tag of $3.4billion....
Economy
State Bank of Pakistan hikes the interest rate due deteriorating fiscal situation
ISLAMABAD – The central bank has hiked the policy rate by 50 basis pointsto 6.50 percent for the next two...
Economy
Shaheen Air faces a big set back: Report
*KARACHI: The Federal Board of Revenue (FBR) has asked the Civil AviationAuthority (CAA) to suspend local flight operations of Shaheen...
EconomyPakistan
Pakistan decides to enhance strategic oil reserves
ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) has proposedconstruction of ten new oil storage facilities, having combined capacity of304,445 metric...
Economy
US Dollar again shoots up in the open currency market
KARACHI: The State Bank of Pakistan’s stipulation for submission ofidentification proof before buying and selling of foreign currency morethan $500...
Economy
IMF raise alarm bells for Pakistan
ISLAMABAD: The International Monetary Fund (IMF) held a moot at Washingtonwhere unofficial consultations regarding economic challenges being faced byPakistan were...
EconomyPakistan
Pakistan again turns towards China to avoid financial crisis
ISLAMABAD – Pakistan has once again turned to China for help in avoiding aforeign currency crisis by borrowing $1 billion...
EconomyWorld
Trump says US-China trade deal needs different structure
Washington: U.S. President Donald Trump has signaled a new direction in China’s trade talks. In a Twitter post he said...