The rupee is falling. Let it crash
Why letting the currency exchange rate fall may help fix some (but not all) of the structural flaws in the economy
While PSX has a horrible year, one company more than doubled its share price
Avanceon Ltd’s CEO Bakhtiar Wain gears up for even faster expansion as cash flows in
Can ITU become Pakistan’s MIT?
Umar Saif’s brainchild is meant to be a research-focused institution. But it remains to be seen whether it has the ingredients necessary to be globally competitive
Chinese debt burden: Facts and Fiction
According to the breakdown of Chinese investments in Pakistan, 22 early harvest projects under CPEC have been completed or are under construction, with a total investment of $18.9 billion.
Russia ready to assist Pakistan Steel Mills expansion
Russia has offered assistance in the expansion of Pakistan Steel Mills (PSM). The 200 Russian companies are keen to explore opportunities in Pakistan, a top Russian leader said here on Friday.
AirSial ready for takeoff, gets go-ahead from PM Imran
Prime Minister Imran Khan on Friday granted approval for the launch of a new private airline, AirSial, from Sialkot International Airport.
PM directs authorities to finalise renewable energy policy by Jan 2019
ISLAMABAD: Prime Minister Imran Khan on Wednesday chaired a meeting of the Cabinet Committee on Energy at the PM’s Office.
The prime minister was...
Khusro Bakhtiar calls for transforming Pakistan into technology-driven economy
'Economic development depends on intellectual capital, quality human resource and upliftment of industry'
ISLAMABAD: Planning, Development and Reform Minister Makhdum Khusro Bakhtiar has...
Govt to implement energy policy by May 2019, IMF told
ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) government is set to implement a comprehensive energy policy covering all elements of the energy supply chain, demand...
Pakistan remained a net loser in FTAs with Indonesia, China, Malaysia and Turkey: Dawood
Govt planning to give a comprehensive industrialisation policy, wherein, the focus will be on engineering, chemical, IT and agriculture sectors instead of the textile sector alone, said Dawood
SEP resubmits offer to acquire 66.4% stake in K-Electric
On December 21st, as per regulations, Shanghai Electric withdrew its offer due to lapse in the prescribed time period for making a public announcement of the offer
FBR to extend EPOS to retail stores and shopping malls
The tax department has informed the International Monetary Fund (IMF) that the government will extend the EPOS to retail chain stores and shopping malls till March 2019
$3 billion to be received in one go from UAE: Report
According to sources, an interest rate of 2.18% will be charged on the $3 billion to be deposited in the central bank
Talks with IMF face obstacles, as adjustments sought deemed “too steep”
The forthcoming IMF programme envisages an adjustment between Rs1,600 to Rs2,000 billion over a three to four years duration
Pakistan plans to relax visa policy in bid to revive tourism
Pakistan was last a prominent tourist destination in the 1970s when the “hippie trail” brought Western travellers through the apricot and walnut orchards of the Swat Valley and Kashmir on their way to India and Nepal