Naya Pakistan Housing: pipe dream or bold vision?
Experts weigh in on the feasibility of the government’s target of building 5 million homes in the country over the next five years
Eighteen: How an Egyptian company is building a new $2 billion Islamabad suburb
Orascom’s real estate arm believes there is a large enough market for Pakistanis who want to live the suburban life around the nation’s capital
ECC likely to increase electricity tariff by Rs3.81 per unit
Consumers will have to bear an additional burden of about Rs406 billion
ISLAMABAD: The Economic Coordination Committee (ECC) has decided to go ahead...
Dearth of economic experts in Finance Ministry irks PM
‘There is not a single ministry official who holds a PhD degree in the field of economics and finance’
‘Secretaries have...
Pakistan won’t need IMF again, Umar claims
–Finance minister says govt trying to bridge $12bn financing gap through policies, bailout programme
–Says economy improving as exports have increased, imports are...
Engro says govt has no contractual right to renegotiate LNG agreement
On Thursday, the Information Minister Fawad Chaudhary had announced the government would be conducting an audit of the two LNG deals
Azerbaijan offers $100m credit to address Pakistan’s energy woes
ISLAMABAD: Ambassador of Azerbaijan Ali Alizada called on Information Minister Chaudhry Fawad Hussain on Friday and said his country was ready to...
Honda Atlas increases prices of its vehicle lineup
Honda Atlas Cars (Pakistan) Limited on Friday increased the prices of its vehicle lineup. The new tariff will be effective from October...
Pakistan’s gross public debt surged by 16.6% during FY18
The report said major growth in public-sector enterprises debt and loans for commodity loans and external liabilities drove Pakistan’s total debt and liabilities (TLDL) to 86.8 percent of GDP at end of June 2018 compared to end-June 2017
APG group recommends various actions to help Pakistan get out of grey list
The source told that Pakistan is in conformity with over 50% of the recommendations.
Gwadar could likely become Pakistan’s version of Shenzhen
Chinese companies were doing much infrastructure construction work in Pakistan, and they had invested about $19 billion and participated in more than 20 major projects
Pakistan’s direct investment dips by 42pc in Q1
KARACHI: The direct investment in the country has declined by 42 per cent in the first quarter (Q1) (July-September) of the fiscal year...
WSJ accuses Abraaj founder Arif Naqvi of ‘heavy embezzlement’
Naqvi denies reports, says it’s based on isolated extracts from illegally obtained documents
Indus Motors jacks up prices of Corolla for fourth time this year
Indus Motor has hiked the prices by Rs50,000 for Toyota Corolla XLI to Rs1.944 million till December and it will see a further rise of Rs50,000 in January to Rs2.044 million
FBR increases regulatory duty on 570 imported items by 5 to 10pc
ISLAMABAD: The Federal Board of Revenue (FBR) has increased the regulatory duty (RD) by 5 to 10 per cent on the import of...