Business
Business
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…
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…
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…
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…
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."…
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…
Pakistan, Russia ink agreement to build Karachi-Lahore gas pipeline
Pakistan and Russia earlier today signed an 'inter-governmental' agreement for the construction of 1100-kilometer gas pipeline project from Karachi to…
“Pakistan on its way to become ‘mini superpower’ within next decade”: Minister
"The country is on its way to becoming a mini superpower by 2025," insisted Minister for Planning, Development and Reforms…
US wants to invest in ‘economic corridor’ projects
The United States has expressed an interest in investing in energy projects under the multibillion-dollar China-Pakistan Economic Corridor (CPEC) to…