Economy

ISLAMABAD: The Joint Working Group on Trade and Investment of Pakistan and Turkey was held on February 13, 2020 under the 6th HLSCC held in Islamabad, Pakistan. Both sides reviewed the existing bilateral trade and agreed to increase the…
Read More...

ISLAMABAD: A delegation of the American Business Council called on Adviser to the Prime Minister on Finance and Revenue, Dr Abdul Hafeez Shaikh  at the Ministry of Finance. During the meeting, the Adviser highlighted the government…
Read More...

BY REUTERS: The death toll from China’s coronavirus epidemic has soared past 1,000, the government said on Tuesday, as worry grew that the extent of economic disruption to the world’s second-largest economy was greater than estimated.…
Read More...

ISLAMABAD: The Economic Coordination Committee (ECC) on Monday decided that sugar will not be exported from the country, local media reported. A meeting presided over by Adviser to the Prime Minister on Finance, Dr Abdul Hafeez…
Read More...

ISLAMABAD: A delegation from top Thai investment firm called on Privatization Chairman Mohammedmian Soomro in Islamabad on Monday. The Ministry of Privatization has prequalified 12 companies for the Privatization of two RLNG based power…
Read More...

Pakistan’s High Commissioner in Kuala Lumpur Amna Baloch Sunday said that Malaysia was negotiating with Pakistan to hire security guards. “The initial negotiations between both the countries have already been held at highest level while…
Read More...

ISLAMABAD: The Ministry of Finance has described as misleading and factually incorrect a news reports published in a section of press claiming that the government’s foreign borrowing increased by US$ 5.5 billion during July-Dec 2019 period.…
Read More...

BEIJING: China rebuked the United States on Thursday for making negative remarks about the China Pakistan Economic Corridor (CPEC). "We noted that during her recent visit to Pakistan, Ms. Alice Wells，Acting Assistant Secretary for South…
Read More...

PARIS/MUNICH (Reuters) - European industrial policy chief Thierry Breton dismissed claims that relying on European companies to build a 5G network would delay its rollout, weighing in on an increasingly tense debate in Germany over the risk…
Read More...

BERLIN/BENGHAZI (Reuters): Forces loyal to eastern commander Khalifa Haftar have shut off production at all Libya’s major oil fields, an escalation that threatened to strangle the country’s finances and overshadowed an international peace…
Read More...

Pakistan has undergone a challenging year where stabilization program was intensively pursued to improve economic fundamentals. An ambitious structural reform agenda (energy governance, privatization, tax administration and PSEs reforms)…
Read More...

On the completion of first review of Pakistan’s economic performance, IMF has acknowledged that Pakistan’s reform program is on track and already producing results. Decisive policy implementation has started to address the deep-seated…
Read More...

A delegation of Huawei called on Federal Minister for Information Technology and Telecommunication Dr. Khalid Maqbool Siddiqui and discussed matters related to Information and Communication Technology (ICT) and Artificial Intelligence (AI).…
Read More...

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Shabbar Zaidi said on Tuesday that the agency was looking to curb the under invoicing of imports. He tweeted that the board would require the help of the business community and the chamber…
Read More...

ISLAMABAD: German development bank (KfW) has announced that it will provide grant assistance worth € 12.5 Million to the Government of Gilgit-Baltistan and Agha Khan Rural Support programme. Mr. Muhammad Hammad Azhar, Federal Minister for…
Read More...