ECC approves commercial borrowing guarantee limit of PIACL by Rs. 13.585 billion
Islamabad, Nov. 1 (TNS): The Economic Coordination Committee (ECC) approved a proposal to increase the commercial borrowing guarantee limit of PIACL by Rs. 13.585...
Russia calls for establishing direct banking channels with Pakistan
Islamabad, Nov 17 (TNS): Russian Ambassador to Pakistan Alexey Yurievich Dedov has called for establishing direct banking channels between Pakistan and Russia for promotion...
Rs 330.992 bn released for development projects under PSDP 2017-18
ISLAMABAD Jan 09 (TNS): The government has released over Rs330.992 billion under its Public Sector Development Programme (PSDP) 2017-18 for various ongoing and new...
‘Fiscal Vulnerabilities, Tighter Credit Conditions’ Growing in Pakistan, Arab States: IMF
Moscow, May 2 (TNS): The International Monetary Fund has released its annual outlook on the Middle East, North Africa, Afghanistan and Pakistan, showing the...
Pakistan offers tax holiday for foreign investments in tourism sector
Islamabad, Oct 02 (TNS): Pakistan is offering tax holiday for foreign investments in tourism sector in a bid to attract Foreign Direct Investment.
Chairman Board...
Pakistan, Sri Lanka sign MoUs in various sectors
Islamabad: Feb 24, 2021 (TNS): Pakistan and Sri Lanka have signed several Memorandums of Understanding (MoU) in various sectors including commerce, investment, education, science...
Malaysia’s Axiata to buy Pakistan telecom towers
Kuala Lumpur, August 31 (TNS): Malaysian telecommunications firm Axiata Group’s infrastructure unit is buying telecom towers in Pakistan for $940mn in partnership with a...
China’s giant Alibaba Group broke into the Pakistani market with a bang
Islambad, May 8 (TNS): China's giant e-commerce company, Alibaba Group, broke into the Pakistani market on Tuesday by fully acquiring Daraz Group.
"With the acquisition,...
Bridging Lanka-Pakistan trade imbalance needed
Colombo, Jan. 13 (TNS): Pakistan’s Minister for Commerce Mohammad Pervaiz Malik emphasised the need to bridge the imbalance in the trade volume between Sri...
ADB acknowledges structural reforms by Pakistan
Islamabad, Oct 19 (TNS): Asian Development Bank has acknowledged the structural reforms undertaken by Pakistan towards economic stabilization.
President ADB Takehiko Nakao was talking to...
