Promotion of trade with SCO nations vital for Pakistan: FPCCI Chief
Karachi: Irfan Iqbal Sheikh President FPCCI, Chairman of Pakistan Chapter of SCO Business Council emphasised that Pakistan must aggressively promote its trade, investment and economic ties with Shanghai Cooperation Organisation (SCO) nations as formi...
MOFA to facilitate business community in promoting Pakistan’s exports: ICCI
ISLAMABAD: President Islamabad Chamber of Commerce and Industry Ahsan Zafar Bakhtawari said that Pakistan needed great boost in exports to improve its economy and urged Ministry of Foreign Affairs (MOFA) to cooperate with business community in that r...
KSE-100 closes near 42,000 after 347pts gain
Karachi: Pakistan Stock Exchange (PSX) saw an upbeat trading session and KSE-100 Index jumped 0.83 percent on back of encouraging market news, share buybacks and financial results. By end of session, KSE-100 Index rose 346.79 points to close at 41,92...
Digital environment can address governance, service delivery issues: CDT head
ISLAMABAD: Tabadlab’s Centre for Digital Transformation (CDT) head of advisory Umar Nadeem said Pakistan lags far behind in establishing digital environment that can effectively address chronic governance challenges, service delivery issues, ec...
Govt ends subsidy of Rs80bn on gas for export-oriented sectors
ISLAMABAD: Government has ended subsidy amounting to Rs 80 billion on gas for five export-oriented sectors. According to media reports RLNG supply at rate of 9 dollar has been scrapped to textile (jute), sports, leather, surgical and carpet sectors....
PTI govt stopped work on CPEC projects: Kh Asif
SIALKOT: Minister for Defence Khawaja Muhammad Asif said that during Pakistan Tehreek-e-Insaf government Pakistan was deliberately pushed towards economic instability and work on game-changer project, China-Pakistan Economic Corridor was stopped by g...
Oil prices drop as US rate hike fears, weak China data offset supply cuts
TOKYO: Oil prices fell as jitters over economic impact of US Federal Reserve potentially raising interest rates and weaker Chinese manufacturing data were enough to outweigh support from new OPEC+ supply cuts taking effect this month. Brent futures f...
JPMorgan buys First Republic Bank's assets
Karachi: JPMorgan Chase and Co (JPM.N), biggest US bank by assets said it will buy most of First Republic Bank's (FRC.N) assets after US regulators seized troubled bank. Collapse marks third major US lender to fail in less than two months, after week...
ADB Board of Governors’ four-day annual moot starts today
SEOUL: Asian Development Bank (ADB) is all set to hold Board of Governors’ 56th annual meeting at South Korean city Incheon, bordering capital of Seoul from May 2 to 5. Theme for this year’s conference is ‘Rebounding Asia: Recover R...
NAVTTC, OGDCL will impart skills to 400 youth of less developed areas
ISLAMABAD: On direction and guidance of Minister for Education and Professional Training Rana Tanveer Hussain, National Vocational and Technical Training Commission (NAVTTC) and Oil and Gas Development Company Limited (OGDCL) signed an accord for col...
