OGDCL scraps contract worth $5.6mn awarded to a Chinese company
ISLAMABAD: Oil and Gas Development Company Limited (OGDCL) has scrapped a $5.6 million worth contract for hiring of rigs which was awarded...
SECP reviews regime for IPOs
ISLAMABAD: The Security and Exchange Commission of Pakistan's (SECP) Policy Board reviewed the regulatory regime for Initial Public Offerings (IPOs) and appreciated the...
Railways earns Rs39bn till March 2019
ISLAMABAD: Pakistan Railways generated Rs39.01 billion up till March 2019 which is Rs3.71 billion more than the same period of previous financial...
Pakistan third largest beneficiary of IsDB financing
ISLAMABAD: Islamic Development Bank (IsDB) President Dr. Bandar Hajjar on Sunday said that Pakistan is the third largest beneficiary of IsDB financing in...
Pakistan’s footwear exports up by 11.42pc
ISLAMABAD: The footwear exports from the country witnessed an increase of 11.42 per cent during the first three quarters of the current...
Telecom, info services exports reach $708.93mn
ISLAMABAD: Pakistan's exports of telecommunication, computer and information services have increased to $708.93 million in the first eight months of the current fiscal...
IMF pushing Pakistan into stone age, says President PEW
ISLAMABAD: President Pakistan Economy Watch (PEW) Dr. Murtaza Mughal has said that the International Monetary Fund (IMF) is pushing Pakistan into stone age...
Usage of Chinese yuan in Pakistan, other BRI countries on the rise
BEIJING: The Belt and Road Initiative (BRI) has fueled the yuan's internationalisation, particularly in the past two to three years as work...
US job growth surges; unemployment rate drops to 3.6pc
WASHINGTON: US job growth surged in April and the unemployment rate dropped to the lowest in nearly half a century, pointing to sustained...
EU, Britain condemn US oil and nuclear sanctions on Iran
LONDON: The United States’ allies in Europe have criticized its recent decisions to restrict oil trade with Iran and to limit the extension...
Centre to accommodate provinces through incentive grant system
The Fiscal Coordination Committee (FCC) on Saturday approved a recommendation made by its sub-committee on Public Finance Management Reforms, which set out...
Dawood urges business community to explore Chinese market
'Pak-China FTA has been materialised in connection with the efforts to enhance the country's exports'
ISLAMABAD: The incumbent government is endeavouring to...
PM vows facilitation of foreign investors
'Only foreign investment can steer the country out of prevalent economic crisis'
Prime Minister Imran Khan said on Saturday that only foreign...
Finance adviser, provincial ministers apprise IMF Mission of fiscal policies
ISLAMABAD: Adviser to the Prime Minister on Finance Dr Abdul Hafeez Shaikh, along with the Sindh Chief Minister Murad Ali Shah and provincial...
IMF man to head State Bank of Pakistan
IMF's resident director for Egypt Dr Reza Baqir appointed as governor of central bank for three years
Dr Ahmed Mujtaba Memon...