US and China close to reaching major trade deal: report
WASHINGTON: The United States and China are close to reaching a major trade deal that would see both sides lower some of the tariffs...
EFTA shows interest to sign Free Trade Agreement with Pakistan
ISLAMABAD: The European Free Trade Association (EFTA) - a regional trade organisation and free trade area consisting of four European states Iceland, Liechtenstein, Norway...
Government in talks with IMF: Asad Umar
-- Says IMF will soon visit Pakistan
-- Tells India will face losses due to increased duties
-- Emphasises 'need to groom professionals'
ISLAMABAD: Finance Minister Asad...
Budget deficit widens to Rs1.03 trillion in July-December 2018
ISLAMABAD: Pakistan witnessed its budget deficit rise to one trillion rupees in the six months (July to December) of the ongoing fiscal year, amounting...
Moody’s changes outlook to negative for Pakistan’s banking sector
--Report says tighter domestic monetary conditions fueled by a wide current account deficit and low foreign exchange reserves will impact economic activity
Moody’s investors’ service on...
Close to reaching agreement with IMF, says Asad Umar
PESHAWAR: Finance Minister Asad Umar on Monday said that the country is close to reaching an agreement with the International Monetary Fund (IMF) in...
IMF agrees to lend $6bn to Pakistan: sources
--IMF team accepts govt’s stance of not further jacking up electricity prices
--Lauds govt’s approach towards the state-owned loss-making organisations
--Repayment of IMF loan taken in...
‘All passenger coaches to be manufactured locally from next year’
Sheikh Rasheed says PM Imran Khan will inaugurate Thal Express on Feb 11 ISLAMABAD: Railways Minister Sheikh Rasheed Ahmad said on Friday that all passenger...
Govt borrowed $2.3bn in first half FY19
ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) government has borrowed $2.3 billion in the first half of the current fiscal year (2018-19), according to the Economic Affairs...
Govt borrowed $2.3bn in first half FY19
ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) government has borrowed $2.3 billion in the first half of the current fiscal year (2018-19), according to the Economic Affairs...
Pakistan, IMF yet to reach bailout agreement
Ministry spokesman says agreement will be signed as soon as a favourable programme is given Pakistan and the International Monetary Fund (IMF) are yet...
Pakistan, IMF yet to reach bailout agreement
Ministry spokesman says agreement will be signed as soon as a favourable programme is given Pakistan and the International Monetary Fund (IMF) are yet...
Bags carry Hermes to record sales in 2018
Hermes saw its strongest growth in China and South Asian countries with a 14pc increase when measured in constant exchange rates PARIS: French luxury group...
Dutch investors to explore Pakistani market next month
PM’s advisor urges Dutch envoy to revisit her country’s travel advisory for Pakistan ISLAMABAD: Ambassador of Netherlands Ardi Braken called on Advisor to the Prime...
Headless PSM causing Rs120m loss per day
In the first six months of PTI govt, Pakistan Steel Mills caused a loss of Rs20bn ISLAMABAD: Pakistan Steel Mills (PSM) is causing approximately Rs120...
SMEs urged to get listed with PSX
ISLAMABAD: The Islamabad Chamber of Commerce and Industry, in collaboration with the Pakistan Stock Exchange, organised an awareness programme to educate potential investors about the...
Pakistan, Turkmenistan pledge to play vital role in regional economic growth
ISLAMABAD: Senate Chairman Muhammad Sadiq Sanjrani said on Friday that enhanced regional and transregional cooperation would not only transform the bilateral ties among different countries...