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Budget FY24: missing the bus again
ISLAMABAD: The macroeconomic instability that plagues Pakistan today dates back to 1989 –the year which marked the end of…
Gwadar coal-based power plant impasse
ISLAMABAD: The Gwadar coal-power plant has reached an impasse. The project is being implemented under CPEC by a Chinese company.…
China approves export of Pakistani beef
LAHORE: The decision of the General Administration of Customs of China (GACC) to permit Pakistani meat exporters to export beef to…
Technology essential for economic recovery: SAP
KARACHI: German multinational software company, SAP, believes that technology holds the key to overcoming Pakistan’s ongoing…
Rupee drops after IMF’s budget concerns
KARACHI: The rupee on Thursday came under renewed pressure as it ticked down 0.07%, or Rs0.19, to Rs287.37 against the US dollar…
Pakistan turns to Azerbaijan for LNG
BAKU: Azerbaijan will start sending cargo containers of liquefied natural gas (LNG) to Pakistan from next month, another major…
Dar says no to IMF diktat
ISLAMABAD: What appears to be an end of a thorny four-year relationship, Finance Minister Ishaq Dar on Thursday refused to take…
Spread shrinks as rupee recovers
KARACHI: The gap between rupee-dollar exchange rates in inter-bank and open markets narrowed to Rs7 on Wednesday as the domestic…
Petrol price likely to fall by Rs1.87 per litre
ISLAMABAD: The price of petrol is likely to be slashed by Rs1.87 per litre for the second fortnight of June but high-speed diesel…
Oil flat as markets debate US crude build
HOUSTON: Oil prices were little changed on Wednesday, giving up early gains, as markets weighed an unexpected, large build in US…