Category: Business

Karachi, petrol shortage, citizens, CNG

Karachi hit by overnight petrol shortage, citizens panicked

Petrol stations in various areas of Karachi were shut down as they were running out of stocks after closure of Keamari oil area due to toxic gas leak. According to...

Pakistan, travel services, export,

Pakistan earns $264 mn from travel services’ export

Pakistan earned $264.254 million by providing different travel services in various countries during the first half of current financial year 2019-20. This shows growth...

Son, Duduzane Zuma, South African, president, Pakistan, HBL, scam

Son of former South African president linked to Pakistan’s top bank scam

Duduzane Zuma, son of former South African president Jacob Zuma, is once again battling against accusations of corruption, after an investigation by the State Bank of...

Palm oil, Malaysia, export, Pakistan

Malaysia to increase palm oil export to Pakistan

Malaysia aims to increase the palm oil export to Pakistan to 60 percent from the current 22 percent after Islamabad sounded interest to import more palm oil from the...

IMF, coronavirus, Pakistan, economy, IMF coronavirus

IMF says Pakistan’s economy could be hit by coronavirus

The International Monetary Fund (IMF) has warned Pakistan of potential effect on its economy due to a spillover effect of slowing down of Chinese economy due to...

Island, Gwadar, master plan, Pakistan, Gwadar island

Pakistan’s first man-made island to be built in Gwadar at a cost of $10 billion

A man-made Island, said to be first of a kind in Pakistan, is to be built in Gwadar at a cost of over $10 Billion. The ‘Chaand Taara’ shaped islands representing...

Pakistan, deficit, IMF, review, economy, Pakistan IMF

Pakistan’s deficit under microscope as IMF review begins

Story by Reuters Pakistan will come under pressure to convince the International Monetary Fund (IMF) it can bring down a ballooning fiscal deficit, as a review on the...

Pakistan, coronavirus, China, trade, Pakistan coronavirus

Pakistan says trade with China won’t be affected by coronavirus

The ongoing trade and and the pace of completion on China-Pakistan Economic Corridor (CPEC) projects will not be impacted on account of the coronavirus outbreak...

Pakistani exports

USA, China, UK top three destinations of Pakistani exports: SBP

The United States of America (USA) remained the top export destinations of the Pakistani products during first half of current financial year (2019-20), followed by...

Imtiaz Supermarket, sign, contract, Bahria Town

Imtiaz Supermarket sign contract with Bahria Town

Bahria Town Karachi and Imtiaz Supermarket has signed contract to open its flagship and one of a kind designer store in 2020, with area exceeding over 100,000 sq ft....