Malaysian HC for enhancing bilateral trade up to $12bn
ISLAMABAD: Malaysian High Commissioner to Pakistan Mohammad Azhar Bin Mazlan said that current volume of bilateral trade between both countries stood at $ 1.8 billion as compared to its existing potential of $ 12 billion annually. Addressing business...
Youm-e-Takbeer day of national pride, courage, determination: Ahsan Zafar
ISLAMABAD: President Islamabad Chamber of Commerce and Industry (ICCI) Ahsan Zafar Bakhtawari said that Youm-e-Takbeer is day of national pride, courage and determination. In press statement, he said that May 28, 1998, is celebrated as day when Pakis...
Pakistan reviving ‘Belt and Road Initiative’ projects: Ahsan Iqbal
ISLAMABAD: Minister for Planning, Development Ahsan Iqbal said that incumbent government was hopeful to inject some fresh momentum into projects that fall under China’s Belt and Road Initiative, as it tries to boost country’s troubl...
Ogra rejects SSGC’s request to install 25,000 new connections
ISLAMABAD: Ogra has rejected request for installation of 25,000 domestic meters on natural gas. According to report, 25,000 connections were pending due to ban of federal government. Gas Company had demanded Rs 28 million for installation of connect...
IMF predicts increase in Pakistan’s trade deficit
WASHINGTON: International Monetary Fund (IMF) has predicted an increase in Pakistan’s trade deficit. According to details, IMF has forecasted that in next fiscal year, Pakistan’s trade deficit is expected to increase, with estimates of g...
China important partner in economic development of Pakistan: PM
ISLAMABAD: Prime Minister Shehbaz Sharif said China is an important partner in economic development of Pakistan and we desire increase of Pakistani exports to China. “Chinese nationals will be provided fool proof security in Pakistan. All...
Selling pressure seen at PSX, KSE-100 closes 466ps lower
Karachi: Selling pressure was witnessed at Pakistan Stock Exchange (PSX) as benchmark KSE-100 index lost 466 points during trading. KSE-100 started session positive, hitting an intra-day high of 76,187.45. However, index soon witnessed selling that...
Tractors assembling increases 54.72 in 10MFY24
ISLAMABAD: Tractor assembling in country during first 10 months of current fiscal year increased by 54.72 percent as compared to production of corresponding period of last year. During period from July-April, 2023-24 over 39,564 tractors were locall...
Oil edges higher ahead of inflation data after downbeat week
LONDON: Oil prices made marginal advances in muted trade owing to public holidays in Britain and United States after downbeat week characterised by outlook for US interest rates in face of sticky inflation. Brent crude July contract was up 56 cents a...
ECC approves Rs4,272mn TSGs
ISLAMABAD: Economic Coordination Committee (ECC) of Cabinet approved Technical Supplementary Grants (TSGs) of Rs 4,272.422 million for various divisions and ministries. According to press release issued by Finance Ministry, Minister for Finance...
