Pakistan fails to meet IMF’s conditions regarding reforms in SOEs
ISLAMABAD: Pakistan has failed to meet the International Monetary Fund's (IMF) demand regarding structural reforms in State-Owned Enterprise (SOEs), a condition set...
Govt to notify GI rules required to fight basmati case in EU
ISLAMABAD: Pakistan is going to notify geographical indication (GI) rules to support its case against India's unlawful claim to the GI tag...
Jirga constituted to resolve Diamer Bhasha Dam territorial dispute
ISLAMABAD: A 20-member Jirga has finally been constituted to resolve the long standing dispute over the multi-billion-dollar Diamer-Bhasha Dam land site between...
China to leapfrog US as world’s biggest economy by 2028
LONDON: China will overtake the United States to become the world’s biggest economy in 2028, five years earlier than previously estimated due...
Pakistan registers current account surplus for fifth straight month
Pakistan’s current account recorded a surplus for the fifth consecutive month in November at $447 million as compared to a deficit of...
Pakistan signs pact with 19 creditors for debt service suspension
ISLAMABAD: The government has successfully negotiated and concluded rescheduling agreements with 19 bilateral creditors, including members of the Paris Club, under the...
Pak-Afghan transit trade accord to be finalised by 30th
An Afghan delegation will be visiting Islamabad later this month to finalise Afghanistan-Pakistan Transit Trade Agreement
Gas shortage, low pressure reported countrywide
ISLAMABAD: Citizens all across the country have lamented gas shortage and low pressure in several areas of the country.
Speaking to the media,...
Sri Lanka reverses decision to increase domestic tax on Pakistani kinnow
ISLAMABAD: In a positive development that will further promote and enhance Pak-Lanka bilateral trade, the Sri Lankan government has reversed its decision...
ECC approves electric vehicle, mobile device manufacturing policies
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved the 'Mobile Device Manufacturing Policy' as well as the 'Electric Vehicles Policy'...
Big industry expands 6.6pc in October
ISLAMABAD: The large-scale manufacturing (LSM) sector grew 6.6 per cent YoY during October 2020, according to data released by the Pakistan Bureau...
China bails out Pakistan to repay $1bn Saudi debt
Pakistan will repay $2 billion loan to the Kingdom of Saudi Arabia (KSA) as per the repayment schedule.
According to the people familiar...
Remittances remain above $2bn for sixth consecutive month
Pakistan maintained a strong momentum in workers' remittances, crossing the $2-billion mark for the sixth consecutive month in November, State Bank of...
PM Imran inaugurates Pakistan’s third private airline in Sialkot
'AirSial will put pressure on other airlines, including PIA, to improve their services'
Pakistan finally challenges India’s claim on basmati in EU
ISLAMABAD: With only two days to go in the deadline, Pakistan has finally challenged India’s application for an exclusive Geographical Indication (GI) tag...