Business
Business
Trade deficit widens around 4.22% and surges to $15.1 billion
Pakistan’s trade deficit worsened to $15.1 billion in the first eight months of the ongoing fiscal year. This is partly…
Oil prices surge as IEA sees possible price ‘bottom’
Oil prices rebounded earlier yesterday after the International Energy Agency said that after the market’s prolonged freefall, there were signs prices may…
OGRA against increase in margins of OMCs, dealers
The Oil and Gas Regulatory Authority (Ogra) has out rightly opposed any kind of increase in margins of oil marketing…
July-Feb: Remittances amount to $12.7 billion
Karachi: Overseas Pakistanis sent remittances amounting to $12.7 billion in July-February, which translates into a year-on-year (YoY) increase of 6%, according…
Bilateral ties: Algeria interested in enhancing trade with Pakistan
The People’s Republic of Algeria is very interested in enhancing trade relations with Pakistan as there is potential to promote bilateral trade…
Pakistan, Iran ready to sign 3,000MW power supply deals
Both Pakistan and Iran are all set to sign deals for supply of over 3,000 megawatts of electricity to meet…
Pakistan, China at odds over tax exemptions
Differences still exist between both China and Pakistan over Beijing’s demand to grant tax exemptions to its commercial banks based on the income…
“Our goal is to boost economy’s global ranking” Finance Minister Ishaq Dar
Finance Minister Ishaq Dar said that, "the administration’s goal is to improve the country’s economy and increase its international ranking…
LNG supply mechanism full of procedural lapses
The liquefied natural gas (LNG) supply mechanism appears to be full of procedural lapses which could create major problems for the…