President Alvi Directs Bank to Compensate for Account Holder’s Loss of Rs. 800,000
President Dr. Arif Alvi on Thursday upheld the decision of the Banking Mohtasib directing a private bank to credit the lost amount of Rs. 800,000 [more…]
CBD Punjab Highlights Investment Potential of Province at Dubai Expo 2020
The Government of Punjab has been successful in garnering the interest of foreign investors at Dubai Expo 2020 by showing the investment potential of Punjab [more…]
Russia Keen on Enhancing Bilateral Cooperation in Pakistan’s Energy Sector
Federal Minister for Economic Affairs, Omar Ayub Khan, on Thursday, visited the TMK pipe factory in the Russian city of Yekaterinburg along with Minister of [more…]
PM accords approval to merger of ERRA into NDMA
Prime Minister Imran Khan has accorded approval to the merger of Earthquake Reconstruction and Rehabilitation Authority into National Disaster Management Authority. Presiding over a meeting [more…]
ECNEC approves 69 km long Sialkot–Kharian Motorway
Executive Committee of the National Economic Council has approved Sialkot–Kharian Motorway project costing Rs.43,382.552 million for construction of 69 kilometer long, 04-lane wide Sambrial- Kharian [more…]
Finance Ministry Rubbishes False Claims About LNG Shortfalls During Winters
In an interesting development, a certain news item published in the national daily, The News, titled, “Govt couldn’t purchase gas Cargoes in time, admits Tarin,” [more…]
Dozens of Companies Are Pulling Out of China to Set Up in Gwadar
Ministry of Maritime Affairs has informed the Senate Committee that 40-45 Chinese companies are being dislocated from China and anticipated to set up their plants [more…]
Rupee Crashes Again Breaking the Winning Streak Against the US Dollar
The Pakistani Rupee (PKR) has broken its winning streak against the US Dollar (USD) once again and depreciated 73 paisas against the greenback in the [more…]
State Bank of Pakistan Projects 4-5% GDP Growth Rate in FY22
The GDP [Gross Domestic Product] growth of Pakistan is expected to stay within the range of 4-5 percent in the fiscal year (FY) 2021-22, according [more…]
Google Weighs Pakistan’s Economic Potential through Digital Transformation
Digital transformation can help Pakistan unlock up to Rs. 9.7 trillion ($59.7 billion) in annual economic value by 2030, equivalent to about 19 percent of the [more…]