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Pakistan has to pay 11.5 billion dollars in next 18 months

ISLAMABAD -UNS- – Pakistan has to pay 11.5 billion US dollars to various international monetary institutions during the next 18 months. According to details, the country has to pay a sum of USD 8.76 billion to International Monetary Fund (IMF), World Bank and Asian Development …

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PSX enters 2017 with bullish trend, surpasses 48,000 mark for first time

KARACHI -UNS- Pakistan Stock Exchange (PSX) on Monday successfully continued its bullish trend in 2017 with massive induction of 517 points to surpass 48,000 level for the first time in history. 100-index is currently trading at 48,345 points. PSX rallied 46 percent in 2016. The …

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15th birthday, Euro: key things to know The euro, used by nearly 340 million people each day, celebrates its 15th birthday on Sunday. Like a teenager in the throes of adolescence, the euro has lurched from crisis to crisis in recent years, but still manages …

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Eight industrial zones to be set up under CPEC project

BEIJING: Federal Minister for Planning, Development & Reform Ahsan Iqbal says CPEC will not be limited to development projects but also help to boost people-to-people contacts between the two countries. He said this while talking to media, after the concluded meeting of two-day Pak-China Joint …

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AWC will provides Super Mushaq Air Craft to Nigeria, Qatar

ISLAMABAD -UNS -: The National Assembly Standing Committee on Defence visited Pakistan Aeronautical Complex, Kamra. During a visit the committee held meeting with the Chairman and other officers of Pakistan Aeronautical Complex. The Chairman Pakistan Aeronautical Complex comprehensively briefed the Committee over the activities/achievements and …

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ECC allows conditional export of 225,000 tons of sugar

ISLAMABAD -UNS : The Economic Coordination Committee (ECC) on Wednesday allowed the conditional export of 225,000 metric tons of sugar from the surplus after ascertaining that 1.23 million metric tons of surplus sugar would be available in the country. Finance Minister Ishaq Dar chaired the …

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Sixth meeting of Pak-China Joint Cooperation Committee on Dec 28

BY IFTIKHAR MASHWANI ISLAMABAD- The sixth meeting of Pak-China Joint Cooperation Committee the principal decision making and implementation forum of China-Pakistan Economic Corridor will be held in Beijing, China on 28th and 29th of this month. During the meeting both sides will evaluate progress on …

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Govt to introduce one-time amnesty scheme for offshore company owners

ISLAMABAD :Federal government is mulling to introduce one-time amnesty scheme for offshore company owners to bring back black money held by Pakistanis abroad. Sources told that such schemes will motivate them to bring their assets/cash back to their homeland through banking channel and play their …

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Karachi-Lahore LNG Pipeline to be inaugurated in January

ISLAMABAD -UNS- Karachi to Lahore Liquefied Natural Gas (LNG) Pipeline project is expected to be inaugurated in January. Prime Minister Nawaz Sharif will likely to inaugurate the pipeline in first week of January next year. Out of a total of 1,300 kilometres long pipeline, 350 …

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Petrol price likely to go up by Rs1.50 per litre

ISLAMABAD -UNS – Prices of petroleum prices are likely to increase by Rs3.50 per litre from next month, sources told. Petrol price is expected to go up by Rs1.50 a litre while light diesel price could go up by Rs1.30, high speed diesel Rs1.40, high …

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