Business
Pakistan and Qatar strike 10-year LNG accord
February 26, 2021
Pakistan and Qatar strike 10-year LNG accord
Pakistan and Qatar Friday signed a ten-year Liquified Nitrogen Gas (LNG) agreement following which Doha will provide Islamabad three million…
Pakistan cotton prices peak to 11-year high
February 26, 2021
Pakistan cotton prices peak to 11-year high
Cotton prices in Pakistan pushed to an 11-year high Wednesday because of a decline in production. Cotton traded at Rs12,000/maund,…
Energy projects won’t add to debt: China
February 26, 2021
Energy projects won’t add to debt: China
A Chinese Foreign Ministry’s spokesperson has said that power projects under China-Pakistan Economic Corridor (CPEC) did not incur debt burden…
Pakistan cotton prices peak to 11-year high
February 25, 2021
Pakistan cotton prices peak to 11-year high
Cotton prices in Pakistan pushed to an 11-year high Wednesday because of a decline in production. Cotton traded at Rs12,000/maund,…
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…