FDI jumps 90.6pc to $2.401bln in 11 months
KARACHI: Foreign direct investment in Pakistan surged 90.6 percent in 11 months of the current fiscal year from a year earlier, central bank data showed, aided by large inflows in…
Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: Foreign direct investment in Pakistan surged 90.6 percent in 11 months of the current fiscal year from a year earlier, central bank data showed, aided by large inflows in…
KARACHI: Akhtar Mengal, chief of Balochistan National Party (BNP-Awami) announcement on the floor of National Assembly that his party is quitting the ruling coalition sounded alarm bells for PTI led…
Emirates Post has announced the resumption of all mail, packets and parcel services to Pakistan, providing the UAE’s Pakistani community as well as businesses a cost-effective channel to the high-volume…
Karachi: “Today, as more and more people across the globe, including Pakistan are required to stay home due to government lockdown interventions, we are seeing a massive shift towards remote…
ISLAMABAD: With the contraction of Pakistan’s GDP growth rate that falls into zero range at negative -0.38 percent for the outgoing fiscal year, the total size of the country’s economy…
Islamabad: Infinix, with its latest and high-quality premium products, is one of the leading smartphone brands in Pakistan. It has continued growing stronger, and one of the primary reasons is…
KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Agha Shahab Ahmed Khan welcomed United States and United Kingdom’s decision to ease their travel advisory for Pakistan. “Karachi Chamber has…
ISLAMABAD: Pakistan and Iran have expressed readiness to resume ferry service between the two countries while establishing shipping service is also under consideration. An Iranian delegation headed by Reza Rahmani,…
ISLAMABAD: Simon Penney underlined the importance of post-Brexit bilateral trade between Pakistan and UK, and resolved to maintain the same market access to Pakistan as it enjoys with EU countries…
KARACHI: Federal Minister for Planning, Development & Reform Makhdum Khusro Bakhtyar has underlined that greater connectivity can stimulate regional economic cooperation. He stated that CASA-1000 will help Pakistan meet its…
KARACHI: In the best of times, countries in the Middle East, North Africa, Afghanistan, and Pakistan (MENAP) region would face a formidable task of creating jobs for the millions of…
KARACHI: Pakistan’s trade deficit contracted over 11% to $21.5 billion in first eight months of the current fiscal year (July-February 2018-19), primarily because of a steep decline in imports, data…
MONTREAL — Air Canada is resuming flights to northern India today after Pakistan announced it would re-open its airspace Friday despite ongoing tensions between the two nuclear powers. The airline…
KARACHI: Pakistan and the International Monetary Fund (IMF) will soon reach a bailout deal with a potential size of $12 billion, but the south Asian country is expected to have…
KARACHI: The Financial Action Task Force (FATF) has advised Pakistan to take further actions including strengthening of anti-money-laundering and counter terrorism financing – AML/CFT supervisory measures by the regulatory authorities.…
ISLAMABAD: Advisor to the Prime Minister on Commerce Abdul Razak Dawood on Monday termed Saudi investment in Pakistan vital and highly significant for positive development of Pakistan’s economy. Speaking at…
KARACHI: Crown Prince of Saudi Arabia Muhammad bin Salman will arrive in Pakistan today and a historic warm welcome has been planned to greet the most revered friend of Pakistan.…
ISLAMABAD: Pakistan plans to borrow another 200 billion rupees ($1.44 billion) to help clear power sector debt destabilising the finances of the government and private power producers, Reuters reported on…
FAISALABAD: Bilateral trade between Pakistan and Russia has not grown according to its potential due to artificial barriers, but serious efforts are being made to remove the obstacles after a…
ISLAMABAD: President of Islamic Republic of Pakistan, Dr. Arif Alvi has said that Pakistan and China are All-Weather Strategic Cooperative Partners and friendship with China is cornerstone of Pakistan foreign…