Minister for Power Division Omar Ayub Khan has revealed that a Saudi power producing company, ACWA Power, will invest $4… Read More
No Rifts in Govt’s Economic Team: FBR
Federal Board of Revenue (FBR) has denied the rumors about “any sort of rift in the economic team” of the… Read More
Fitch Affirms Pakistan at ‘B-‘ Stable Outlook & Improved Economic Conditions
The credit rating agency, Fitch Ratings, has affirmed Pakistan’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘B-‘ with a Stable… Read More
Malaysia to Expand Palm Oil Trade With Pakistan After New Indian Restrictions
Malaysia is keen to expand its palm oil trade with Pakistan after new restrictions imposed by the Indian government on… Read More
Investment in The Country Has Increased 78%: Hammad Azhar
Federal Minister for Economic Affairs Hammad Azhar has said that investment in the country has increased 78% thanks to the… Read More
Pakistan Halal Authority Aims to Capture The International Market With Exports
Pakistan Halal Authority (PHA) is set to capture international markets to export halal products. The newly established authority in Islamabad… Read More
Remittances Touch Seven Month High
In December 2019, the inflows of workers’ remittances amounted to $2.097 billion, a seven month high since May 2019. It… Read More
Azakhel Dry Port to Boost Trade & Create Employment Opportunities: PM
Prime Minister Imran Khan has officially inaugurated the newly constructed Azakhel dry port in Khyber Pakhtunkhwa. Azakhel Dry Port was… Read More
NutriCo Morinaga Starts Producing Infant and Growth Formula Products in Pakistan
NutriCo Morinaga Private Limited, a subsidiary of ICI Pakistan Limited has commenced commercial production in the country. In a notification… Read More
No Agreed Target Level for Exchange Rate Under IMF, SBP Clarifies
State Bank of Pakistan has confirmed that the exchange rate is determined by market forces of demand and supply and… Read More
Pakistan’s Forex Reserves Increase to Another High
According to the released data by the State Bank of Pakistan, the country’s total liquid foreign exchange reserves have increased… Read More
Ministry of Finance Predicts Economic Recovery By the End of FY20
The Ministry of Finance has said that the government’s extensive measures have helped the economy move progressively along the adjustment… Read More
