Pakistan’s consumer price inflation eased to 8.5 per cent in April, the Pakistan Bureau of Statistics said on Friday, extending a months-long decline as the economy tanks due to the co... Read more
The price of oil has sunk to levels not seen since 2002 as demand for crude collapses amid the coronavirus pandemic. Brent crude fell to $22.58 (£18.19) a barrel at one point on Monday, its... Read more
Adviser to Prime Minister on Finance and Revenue Abdul Hafeez Shaikh on Thursday chaired the meeting of Economic Coordination Committee (ECC) and approved an emergency fund to be established... Read more
World Bank and International Monetary Fund (IMF) have urged its bilateral creditors to suspend debt payments from International Development Association countries to help them combat the COVI... Read more
KABUL – A Turkish company agreed Wednesday to invest $1.6 billion on an electricity transmission line project involving Turkmenistan, Afghanistan and Pakistan. The memorandum of unders... Read more
PARIS – Twenty Pakistani companies have set up stalls to showcase preventive gloves, headgear and other specialized risk preventive wears at the three-day 27th Expo Protection, held in... Read more
ISLAMABAD – The Economic Coordination Committee (ECC) which met in Islamabad on Wednesday with Finance Minister Asad Umer in the chair decided to fix support price of wheat at Rs1300 p... Read more
ISLAMABAD – The Competition Commission of Pakistan has approved Alipay (Hong Kong) Holding Limited’s acquisition of 45% shareholding inTelenor Microfinance Bank Limited, paving t... Read more
KARACHI – Toyota Indus Motor Company (IMC) is expected to launch its Vios sedan in the last quarter of 2019 in Pakistan. According to PakWheels, Toyota IMC has asked the vendors to make Vios... Read more
ISLAMABAD – Prime Minister Imran Khan’s visit to China from November 2-5 has moved the overall economic relationship between the two friendly countries to the next level, according to... Read more