Category: Business
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 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 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...
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 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...
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’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 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...
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 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....