ISLAMABAD: The country’s Gross Domestic Product (GDP) recorded 13-year highest growth of 5.8 percent during the outgoing fiscal year (2017-18), indicating success of the government’s growth-oriented initiatives and prudent economic policies introduced for the economic development of the country. “Had... read more
South Korean telecoms giant Samsung Electronics said Thursday its first-quarter net profits soared by more than half thanks to strong demand for memory chips and its latest high-end smartphone. The world's biggest maker of memory chips and the flagship subsidiary... read more
KARACHI: The Pakistan Stock Exchange (PSX) was remained bearish today (Wednesday) as KSE-100 Index closed at 45718.34 points as compared to 45876.70 points on the last working day with a negative change of 158.36points. The total turnover was 180,707,520 as... read more
NEW YORK: US stocks slid on Tuesday as 10-year Treasury yields hit the highly anticipated 3 percent mark for the first time in four years, stoking concerns over higher borrowing rates for companies already facing rising costs, and as quarterly... read more
GWADAR: For over a decade, Pakistani officials have dreamed of transforming the small but strategically located fishing port of Gwadar into a duty-free port and free economic zone – Pakistan’s answer to Dubai. The aim is for Gwadar – located... read more
ISLAMABAD, Apr 23 (APP): Utility Stores Corporation (USC) has proposed Rs 1.733 billion subsidy for Ramzan Relief Package in order to provide daily-use goods on controlled rates to facilitate people during holy month. The Corporation intends to provide 19 essential... read more
ISLAMABAD, Apr 23 (APP): The budget for the upcoming fiscal year 2018-19 will focus on economic stability and growth, as the government had taken feedback from all the stakeholders for preparing the budget, Rana Muhammad Afzal said Monday. Briefing the... read more
KARACHI: Prime Minister Shahid Khaqan Abbasi on Monday has said that China-Pakistan Economic Corridor (CPEC) has now become a reality, adding that CPEC will not only bring prosperity in Pakistan but in the entire region. "CPEC is a project of... read more