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UAE’s $10bn investment, testament to business-friendly policies: Jam Kamal
ISLAMABAD: Minister for Commerce Jam Kamal Khan said that United Arab Emirates’ announcement to invest $ 10 billion in Pakistan was significant endorsement of government’s economic reforms and confidence-building measures. Addressing pre...
CM Murad, FPCCI members discuss issues, way out
KARACHI: Sindh Chief Minister Syed Murad Ali Shah and delegation of FPCCI discussed issues and facilities in direction to cementing business and industrial activities. CM said that FPCCI has proposed construction of an alternative bridge to reduce d...
Ahsan seeks Chinese assistance in key energy projects under CPEC
Islamabad: Minister for Planning, Development and Special Initiatives Ahsan Iqbal sought Chinese assistance for energy projects being developed under China-Pakistan Economic Corridor umbrella. “Pakistan appreciates vision of Chinese leadership...
Pakistan's weekly inflation declines for sixth consecutive week
ISLAMABAD: The weekly inflation measured by the Sensitive Price Indicator (SPI) decreased by 0.34 percent for the combined consumption group during the week ended on May 23. This is the sixth straight decrease in weekly inflation on a week-on-week ba...
PCJCCI celebrate anniversary of Pak-China diplomatic ties
LAHORE: Pakistan-China Joint Chambers of Commerce and Industry (PCJCCI) organised session for celebration of Pakistan and China diplomatic relations at PCJCCI Secretariat. Addressing session, PCJCCI President Moazzam Ali Ghurki said Pakistan and Chi...
WAPDA discusses financing opportunities with ADB for its projects
LAHORE: Delegation of Asian Development Bank (ADB) Alternate Executive Directors visited WAPDA House to discuss financing opportunities in projects of Water and Power Development Authority. Delegation was briefed that Pakistan possesses about 70,000...
Suzuki Motor Corporation to set up biogas plant in Karachi
ISLAMABAD: Global Vice President Suzuki Motor Corporation Kenichi Ayukawa said that Suzuki Motors Corporation wanted to set up biogas plant in Karachi to boost automobile sector in Pakistan. He said, “Renewable energy will be produced by...
IPO stresses for IPR to boost country’s economy
ISLAMABAD: Chairman Intellectual Property Organisation (IPO) Pakistan Farukh Amil stressed importance of intellectual property rights (IPR) to enhance economic development in country. He visited School of Politics and International Relations (...
KSE-100 up 158pts on oil, gas scrips
Karachi: Pakistan Stock Exchange’s benchmark KSE-100 Index regained 75,000 level as index managed to post modest gains amid cautious trading. Index swayed both ways during trading before closing in green. At close, benchmark index settled at 75...
Power generation falls nearly 14pc YoY in April
Karachi: Power generation clocked in at 8,639 GWh (11,612 MW) in April 2024, 13.7 percent lower as compared to same period of previous year. Back in April 2023, power generation stood at 10,010 GWh (13,903 MW). However, on monthly basis, power...
