KSA to extend $3bn safe deposit to assist Pakistan
ISLAMABAD: Saudi Arabia has decided to extend period of its $ 3 billion safe deposit in assistance to Pakistan. According to sources in finance ministry, Kingdom of Saudi Arabia will extend its $ 3 billion safe deposit for one more year adding that...
PM calls for urgent operationalisation of TTA, PTAs with Uzbekistan
ISLAMABAD: Prime Minister Shehbaz Sharif underscored need for urgently operationalising Transit Trade Agreement and Preferential Trade Agreements with Uzbekistan to fully unlock immense bilateral economic potential. ...
How to make a country economically developed?
It was once believed that increasing economic growth will open doors for employment opportunities and in turn raise the living standards of the general public. However, with the pandemic still on the loose, the business world has come to a very diffe...
Pakistan, Turkey sign PTA to boost trade
ISLAMABAD: Pakistan and Turkey signed Preferential Trade Agreement (PTA) aimed at boosting trade in goods between two countries. Prime Minister Shehbaz Sharif witnessed inking of PTA at a ceremony held at PM Office, as visiting Turkish Trade Minister...
Pakistan receives LOI from IMF, inches closer to sealing bailout deal
Islamabad: Pakistan reached a staff-level agreement with International Monetary Fund (IMF). Islamabad received letter of intent (LOI) a document declaring preliminary commitment of one party to do business with another from global lender. Receipt of...
Nepra jacks up power tariff by Rs9.90 per unit
ISLAMABAD: National Electric Power Regulatory Authority (Nepra) increased in electricity tariff by Rs 9.90 per unit on account of monthly fuel adjustment (MFA) for June 2022. According to notification issued by Nepra, CPPA had requested an incr...
PM Shehbaz assures Japanese investors of all possible support
ISLAMABAD: Prime Minister Shehbaz Sharif assured Japanese investors of providing all possible facilities as country looks to encourage foreign investment. According to details, a delegation of Japanese investors called on Prime Minister Shehbaz Shari...
Services helping flood victims highly commendable: SM Muneer
KARACHI: *Former Chairman of Korangi Association of Trade and Industry (KATI), Senator Abdul Haseeb Khan at a book launch ceremony ‘Iman Aur Bandgi’, said that it is one of countless gifts given to us by Allah Ta’ala. I have written...
Minister assures Ericson full cooperation towards IT projects
ISLAMABAD: Minister for Information Technology (IT) and Telecom Syed Amin Ul Haque extended his full support to Ericson Pakistan Chairperson Ekow Nelson in projects related to IT and Telecom sector. During a meeting here Minister lauded commitment of...
NEPRA approves Rs11.10 hike in power tariff
ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) notified an increase in power tariff by Rs 11.10 per unit for K-Electric consumers on account of fuel charges adjustment (FCA) for June 2022 amid worsening power outages in metropolis. F...
