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Pakistan, Romania forge agreement to enhance bilateral trade relations
KARACHI: Pakistan and Romania have taken significant step towards bolstering their bilateral trade and economic cooperation with signing of memorandum of understanding. MoU was formally agreed upon by Eduard-Robert Preda, Charge D'Affaires at Embassy...
Karachi Port to receive $250mln investment in 10 Years
ISLAMABAD: Chief Executive Officer of Abu Dhabi Ports Pakistan Khurram Aziz Khan called on Prime Minister Shehbaz Sharif and informed that company would invest $ 250 million in Karachi Port during next 10 years. Company CEO, who was accompanied by d...
Chairman senate committee stresses export diversification
KARACHI: Senate Standing Committee on Commerce, chaired by Anusha Rahman convened at Karachi Chamber of Commerce and Industry to discuss challenges faced by business community in light of latest budget's taxation policies. Committee aimed to assess p...
THAI ranked among top 10 world's best international Airlines
BANGKOK: Thai Airways International Public Company Limited (THAI) was ranked eighth in the Best International Airlines of TRAVEL+LEISURE World's Best Awards 2024. According to Thai Airlines press release,The survey was carried out by TRAVEL+LEISURE r...
Beijingers feel pinch as China economic data disappoints
KARACHI: Business leaders strongly criticised Prime Minister Shehbaz Sharif's announcement of relief for electricity consumption within 200 units. They argue that business and industrial sectors find no significant relief in this package. Small trad...
Minister praises China's development model
BEIJING: Minister for Planning, Development and Special Initiatives Ahsan Iqbal stated that as China finalises its roadmap for future. During his official visit to China, he shared his insights with CGTN on what world can learn from China's developme...
FPCCI calls for reviewing IPPs contracts
KARACHI: Pakistan Federation of Chambers of Commerce and Industry (FPCCI) acting President Saqib Fayyaz Maggu said capacity charges have to be paid due to irrational contracts with Independent Power Projects (IPPs) and they should be immediately revi...
IMF forecasts Pakistan's economic growth to reach 3.5pc
ISLAMABAD: International Monetary Fund (IMF) said that Pakistan's economic growth rate for ongoing fiscal year is projected to reach 3.5 percent. IMF'supdated global economic outlook report states that government has set an economic growth target of...
KSE-100 gains 1,211pts on banks, oil scrips
KARACHI: Pakistan Stock Exchange's (PSX) benchmark KSE-100 Index gained over 1,200 points to close above 81,000, as investors cheered staff-level agreement between Pakistan and International Monetary Fund (IMF). KSE-100 started session with strong bu...
Zong celebrates digital day: Envisioning 4G as an excellent information service
KARACHIl: Zong 4G, Pakistan's leading mobile network operator, celebrated Digital Day 2024 in grand style at its headquarters today. The event served as more than just a celebration; it was a resounded CEO Zong 4G’s vision of positioning Zong...
