Pak-China trade ties to benefit the entire region
ISLAMABAD: Federal Secretary for Communications Mr. Shoaib Ahmad Siddiqui has said that Pakistan and China are hand in hand to further expand range of cooperation in trade, industry and tourism…
National Accounts Committee projects GDP growth at 3.3% for FY19
KARACHI: The 101st meeting of the National Accounts Committee has projected the provisional growth of GDP for the year 2018-19 at 3.3%, Press Information Department (PID) reported.The growth of the…
FPCCI laments frequent increase in domestic air-fares
KARACHI: Engr. Daroo Khan Achakzai, President of Federation of Pakistan Chambers of Commerce & Industry (FPCCI) showing concern on continuation of abrupt hike in the air fares on all the…
CPEC’s first Coal fired power plant faces liquidity crunch as receivables reach $150 million
KARACHI: Port Qasim Electric Power Company (PQEPC), the first power project under China Pakistan Economic Corridor (CPEC), is facing a liquidity crunch as its accumulated receivables have reached $150 million…
Savola Group contemplates SAR 5.3 billion sukuk program
RIYADH: The Savola Group Company has announced its intention to establish a Sukuk Programme to raise a sum of SAR 5.3 billion to fulfill the Company’s financial and strategic needs.The…
ARA US Hospitality Trust listed on SGX mainboard
SINGAPORE: Singapore Exchange (SGX) has welcomed ARA US Hospitality Trust to its Mainboard under the stock code “XZL”. ARA US Hospitality Trust is a Singapore-based stapled trust which comprises ARA…
Shabbar Zaidi officially notified as FBR chairman
KARACHI: The federal government on Thursday officially confirmed the appointment of Shabbar Zaidi as the new chairman of the Federal Board of Revenue (FBR) on an “honorary and pro bono…
SHC puts AG Sindh on notice in ST over Cotton seeds
KARACHI: The Advocate General Sindh was put on notice by an appellate bench of High Court of Sindh in a petition challenging a SRO levying Sales Tax on Cotton Seed…