Business & Economy

SEOUL, Jun 29 (XINHUA/APP): South Korea’s import value logged a double-digit growth last month due to expensive crude oil, central bank data showed Wednesday. The import value index stood at 176.50 in May, up 32.0 percent from a year earlier, according to the Bank of […]

ISLAMABAD, June 28 (Online): Prime Minister (PM) Shahbaz Sharif has said 2 billion dollars will be received from IMF but our real goal is self-reliance. “Self reliance is guarantee for the economic and political independence of any country. We will bring eocnomic stability in 14 […]

Islamabad, June 28 (Online): A delegation of All Pakistan CNG Association called on Minister for Finance and Revenue Miftah Ismail in Islamabad today (Tuesday). The meeting discussed proposal for use of CNG as fuel for motor vehicles to reduce import bill and minimize Carbon Emission. […]

Johannesburg, June 28 (AFP/APP):South Africa, a country plagued by power shortages, on Tuesday imposed the toughest electricity rationing in two and a half years after labour disputes disrupted production at several plants. Highly unpopular power rationing to consumers was ramped up to so-called Stage 6 […]

ISLAMABAD – June 28 (ONLINE) Finance Minister Miftah Ismail has hinted at yet another hike in prices of petroleum products, Online has learnt. Talking to a private news channel, Miftah said government is planning another price hike for petroleum products by July 1. He said, […]

Islamabad; June 28, (PNI) The Government of Japan today announced grant aid worth 313 million Japanese Yen (around 2.4 million USD) for the Human Resource Development Scholarship (JDS) program in the Islamic Republic of Pakistan. Mr. ISHII Kensuke, Charge d’ Affaires ad interim of Japan […]

ISLAMABAD, June 28 (Online): Minister for Finance Miftah Ismail has said Pakistan has received draft Memorandum of Economic and Financial Policies (MEFP) from the International Monetary Fund for the combined 7th and 8th reviews. He tweeted the new tranche of loan is likely to be […]

ISLAMABAD, Jun 27 (APP):Federal Minister for Finance Miftah Ismail said that the government has reduced 10 to 15 percent of non-energy import bill to strengthen the rupee value. Talking to a private news channel, he said the staff level agreement would be signed with IMF […]

PHNOM PENH,June 27 (Xinhua/APP):– Cambodia on Monday organized a national consultation workshop on economic diplomacy in the new normal, aiming at promoting the effective implementation of the strategy in the post-COVID-19 pandemic era. Supported by the Lancang-Mekong Cooperation (LMC) Special Fund, the hybrid workshop was […]

ISLAMABAD, Jun 27 (APP):The tea imports witnessed an increase of 8.17 percent during the first eleven months of the current fiscal year as compared to the corresponding period of last year. The tea imports during July-May (2021-22) were recorded at $580.911 million against the imports […]