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Business

Pakistan, ADB sign $178m deal for M-4 motorway

Pakistan and the Asian Development Bank (ADB) earlier yesterday signed a loan agreement of $178 million for construction of the…

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“Pakistan hotbed of opportunities”: Chinese Director

"The upcoming collaboration for the China Pakistan Economic Corridor (CPEC) will certainly bring fruitful results for Islamabad and Beijing," GEODIS…

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“The world will not wait for Pakistan”: KATI chief

The Korangi Association of Trade and Industry (Kati) President Zahid Saeed criticised the inordinate delay in announcing the trade policy…

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Euro rises higher as ECB reports improved bank lending

The euro edged higher against the dollar earlier yesterday after the European Central Bank reported eurozone banks were improving lending…

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Current account deficit steadily shrinks by 93.3%

Pakistan’s current account deficit in the first quarter of 2015-16 remained $109 million, according to data released by the State…

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Pakistan trying to leverage US and China’s interest in the region

The consensus of the US and China on the economic and trade integration in this region has created a feeling…

6 Min Read

Local industry protection: 10% regulatory duty imposed on cotton yarn imports

The government has decided in effect to impose a 10% regulatory duty on imports of cotton yarn, grey and processed…

5 Min Read

Govt earns an estimated Rs.170 bln through privatization

Chairman Privatization Commission Muhammad Zubair Friday stated that, "the government has earned Rs.170 billion during last 15 months through privatization."…

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CPEC group forecasts energy shortfall to increase to 10,844MW

The energy planning expert group of China-Pakistan Economic Corridor (CPEC) has forecast electricity shortfall to further increase to 10,844MW by…

3 Min Read