Pakistan
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China gives Pakistan one-year extension on $2bn loan repayment
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[ad_1] US One dollar banknotes are seen in front of displayed stock graph in this illustration taken, February 8, 2021. — Reuters ISLAMABAD: In a major development, China rolled over $2 billion loan to Pakistan for one year, confirmed the Ministry of Finance on Saturday. According to the ministry, the loan was originally due for…
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Gold rates climb in Pakistan as global investors flock to safe-haven asset
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[ad_1] A saleswoman shows gold bangles to a customer at a jewellery showroom on the occasion of Akshaya Tritiya, a major gold buying festival, in Kolkata, India, May 3, 2022. — Reuters Gold prices in Pakistan rose for the second consecutive day on Tuesday, in line with investors rush to safe-haven assets in international markets,…
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Pakistan, Azerbaijan eye formalising $2bn investment in April
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[ad_1] Prime Minister Shehbaz Sharif expresses his views during joint delegation level talks between Pakistan and Azerbaijan during two-day official visit to Baku, Azerbaijan, February 24, 2025. — PID ISLAMABAD: Underscoring the need to enhance bilateral trade between Pakistan and Azerbaijan, Prime Minister Shehbaz Sharif on Monday expressed optimism about both countries formalising agreements for…
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Govt approves tax relief for ICC as Pakistan hosts Champions Trophy 2025
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[ad_1] Minister for Finance and Revenue, Senator Muhammad Aurangzeb chairs the meeting of the Economic Coordination Committee (ECC) of the Cabinet at the Finance Division on February 20, 2025. — PID ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Thursday approved income tax exemptions for the International Cricket Council (ICC) in connection with…
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Pakistan Post aims for Rs14b revenue | The Express Tribune
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[ad_1] Listen to article ISLAMABAD: Federal Minister for Communications, Privatisation & Board of Investment Abdul Aleem Khan has tasked the Pakistan Post with increasing its revenue to Rs14 billion by June 30. Chairing a review meeting, Aleem Khan directed changing the framework of Pakistan Post to establish a world-class courier company that can compete with the private…
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Pakistan to issue $200m Panda Bond by June: Aurangzeb
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[ad_1] Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb addressing media persons at PTV Headquarters.— APP/File The federal government has planned to launch Panda Bond by June this year to increase Pakistan’s footprint in Chinese equity markets, Finance Minister Muhammad Aurangzeb said. “Pakistan plans to raise approximately $200 million from Chinese investors through the…
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Pre-flight checks for Uraan Pakistan | The Express Tribune
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[ad_1] Listen to article ISLAMABAD: Despite unfavourable economic and political headwinds, it is commendable that the current government is aiming for a take-off in the form of initiative titled “Uraan Pakistan”. It is of utmost importance that the pilot and co-pilot understand and agree upon their respective roles through this Uraan and a proper cabin crew is…
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Pakistan, China capital markets to deepen ties | The Express Tribune
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[ad_1] Listen to article KARACHI: A high-level delegation from Pakistan’s capital markets, led by Securities and Exchange Commission of Pakistan (SECP) Chairman Akif Saeed, visited China recently. During the one-week visit, the delegation engaged with key Chinese financial institutions, including the China Securities Regulatory Commission, China Securities Depository and Clearing Corporation and others. The primary goal of…
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Chinese delegation shows interest in establishing medical city in Pakistan
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[ad_1] President Asif Ali Zardari (centre) in a group photo with Chinese business delegations, who called on him, at Bilawal House Karachi, on December 12, 2024. — PID A Chinese business delegation called on President Asif Ali Zardar in Karachi and expressed interest in investing $1 billion to establish a medical city in Pakistan to…
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Pakistan issues Rs55 memorial coin on Guru Nanak’s birth anniversary
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[ad_1] This photo features both sides of Rs55 commemorative coin issued by the SBP on 555th Jayanti of Guru Nanak Dev Ji. — SBP On the auspicious occasion of 555th “Jayanti” of Guru Nanak Dev Ji, the founder of the Sikh religion, the State Bank of Pakistan on Friday released a Rs55 commemorative coin. The…
