Uber valued at $82 billion in IPO as market jitters, Lyft woes weigh
NEW YORK: Uber Technologies Inc priced its initial public offering on Thursday at the low end of its targeted range for a...
U.S. hikes tariffs on Chinese goods, China says to strike back
WASHINGTON/BEIJING: U.S. President Donald Trump’s tariff increase to 25% on $200 billion worth of Chinese goods took effect on Friday, and Beijing said...
Pakistan, IMF close to sealing $7-8bn loan agreement
ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) government and the International Monetary Fund (IMF) are likely to announce a staff-level agreement today (Friday), as the...
Rs 116.5bn revenue expected from tobacco sector
ISLAMABAD: The government is expected to generate taxes of rupees 116.5 billion from the tobacco sector in the ongoing fiscal year. Out...
Mango export commences from 20th May, export target set to 100,000 metric tons
Climatic changes posed serious challenge leading to 30 percent reduction in mango production this year
ISLAMABAD: Export season of mango would commence...
Pakistan prepares formal application for IMF loan programme
Government presents working plan for new taxes worth Rs 750 billion
ISLAMABAD: As Pakistan and International Monetary Fund’s (IMF) have finalized talks...
Finance committee ignored in talks with IMF
ISLAMABAD: Standing Committee on Finance, Revenue and Economic Affairs of the National Assembly has complained that despite the important talks with International...
Growth target of GDP in 2018-19 missed
ISLAMABAD: As per the estimates for the year 2018-19 for Gross Domestic Product (GDP) the target of GDP growth for the fiscal...
IPO-Pakistan maintains status of IPR compliant country in USTR 301 report
ISLAMABAD: The Office of the United States Trade Representative (USTR) released its 2019 Special 301 Report saying “In 2018, Pakistan maintained positive...
Pak-IMF deal may be announced tomorrow
ISLAMABAD: The government and the International Monetary Fund (IMF) are likely to announce a staff-level agreement tomorrow (Friday) as the former has...
Activemedia bags international awards, signs global affiliation deal
ISLAMABAD: Activemedia, a Pakistani experiential marketing and events agency, haswon multiple Effie awards for its marketing prowess.
Effie Pakistan is a non-profit organization...
Trump says he would be happy to keep tariffs on Chinese imports
WASHINGTON: US President Donald Trump said on Wednesday he would be happy to keep tariffs on Chinese imports in place, adding that...
Pak-China trade collaborations to help uplift entire region: official
'China, Pakistan mulling to minimise the closure time of Khunjrab border'
ISLAMABAD: Communications Secretary Shoaib Ahmad Siddiqui has said that cooperation between Pakistan...
‘Foreign companies being encouraged to explore petroleum sector’
ISLAMABAD: Petroleum Minister Omar Ayub Khan said on Wednesday that the government was extending maximum facilitation to foreign companies so as to encourage...
FPCCI delegation visits USA, highlights economic potential of Pakistan
KARACHI: A thirty-member trade delegation of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and American-Pakistan Business Development Forum visited the...