Business
Circular debt to reach Rs2.8tr in next four months
February 25, 2021
Circular debt to reach Rs2.8tr in next four months
The National Assembly’s Standing Committee on Finance and Revenue was informed on Tuesday that the country’s circular debt would surge…
Govt secures $1.1bn from ITFC for oil, gas imports
February 25, 2021
Govt secures $1.1bn from ITFC for oil, gas imports
Economic Affairs Minister Makhdum Khusro Bakhtyar on Wednesday witnessed the signing of International Islamic Trade Finance Corporation (ITFC) Annual Financing…
Pakistan offers Sri Lanka $50m credit line for defence cooperation
February 24, 2021
Pakistan offers Sri Lanka $50m credit line for defence cooperation
Foreign Minister Shah Mahmood Qureshi has said that in a bid to enhance defence and security cooperation to end terrorism,…
Sri Lankan businesses urged to take advantage of opportunities in Pakistan
February 24, 2021
Sri Lankan businesses urged to take advantage of opportunities in Pakistan
Advisor to Prime Minister on Trade and Investment, Abdul Razak Dawood has invited the Sri Lankan business community and take…
Moody’s expects Islamic banking to expand across South Asia post-pandemic
February 24, 2021
Moody’s expects Islamic banking to expand across South Asia post-pandemic
The US based credit rating agency, Moody’s anticipates the rise of Islamic Banking in South and Southeast Amid post coronavirus…
Pakistan’s current account deficit declines to $229m in January
February 23, 2021
Pakistan’s current account deficit declines to $229m in January
Pakistan’s current account deficit shrunk by 55% year-on-year to $229 million in January in the backdrop of recovering exports and…
Oil prices jump on slow U.S. output restart
February 23, 2021
Oil prices jump on slow U.S. output restart
Oil prices jumped by more than $1 on Tuesday, as U.S. output was slow to return after a deep freeze…
PIA’s Boeing 777 aircraft fitted with General Electric engines: spokesperson
February 23, 2021
PIA’s Boeing 777 aircraft fitted with General Electric engines: spokesperson
Pakistan International Airlines (PIA) has said that the company has 12 Boeing 777 aircraft powered by General Electric engines, which…
Govt actions to be reviewed as FATF meeting begins
February 22, 2021
Govt actions to be reviewed as FATF meeting begins
The Financial Action Task Force (FATF) four-day virtual Plenary session, during which Pakistan’s performance in terms of measures taken against money laundering…
Oil gains as US production slowly returns after freeze
February 22, 2021
Oil gains as US production slowly returns after freeze
Oil prices rose on Monday as the slow return of US crude output that was cut by frigid conditions raised…