Rs270b released for development projects
ISLAMABAD: The federal government has so far released Rs270.326 billion for various ongoing and new development projects under Public Sector...
Pakistan to enjoy GSP Plus till 2023
ISLAMABAD: The concessions to Pakistan given by the European Union (EU) to Pakistan under GSP Plus scheme will continue till...
10th IMF review to begin on 26th
ISLAMABAD: The 10th review of International Monetary Fund (IMF) with Pakistan would start on January 26. This was informed in...
Govt upgrades 5 industrial estates as special economic zones under CPEC
ISLAMABAD: The government has upgraded five industrial estates as special economic zones under China-Pakistan Economic Corridor project. These include Multan...
Punjab govt to install 100,000 biogas tubewells
FAISALABAD: The Punjab government has announced to install 100,000 biogas tubewells across the province to overcome the shortage of electricity...
Hyundai forecasts 8.13m vehicle sales in 2106, lowest in 10 years
SEOUL: Motor and its affiliate Kia, have forecast their slowest sales growth in a decade for 2016, due to slumping...
Singapore’s economy grew by 2.1% in 2015
SINGAPORE: Singapore's trade-dependent economy grew by an estimated 2.1 percent in 2015, its worst performance since the 2009 recession, as...
Parliamentary committed monitoring progress of CPEC’s western route
ISLAMABAD: A Parliamentary committee, comprising of members from both the Houses, is monitoring the progress of construction work of China-Pakistan...
Shipping intelligence report of KPT
KARACHI: The Karachi Port Trust (KPT) issued the following shipping report for the last 24 hours, ending 0700 hours on...
Shipping movement report of Karachi Port
KARACHI: Following were the movement of ships at Karachi Port during the last 48 hours, ending at 0700 hours on...
Urea sales reached 48m tons in 11 months
LAHORE: The urea sales in the country have grown by 216 per cent monthly in November 2015 with annual growth...
Vietnam suffers $32bn trade deficit with China
HANOI: Vietnam suffered a massive US$32.3 billion trade deficit with China, where it imported from a needle to an elephant,...
Malaysia police arrest two drug smugglers
TERENGGANU: Two suspected drug traffickers were arrested by police near Kampung Temir in Hulu Terengganu after a high-speed chase from...
Oil prices jump over 2% on Saudi Arabia, Iran tensions
SINGAPORE: Oil prices jumped over 2 percent in the first trading hours of 2016 as relations between Middle Eastern rivals...
Lenovo’s server shipments drop over 20% in 2015
WASHINGTON: Despite the acquisition of IBM's server business, Lenovo's server shipments dropped over 20% on year in 2015 and the...
KLCI falls 20 points at midday on weak start to 2016
KUALA LUMPUR: The FBM KLCI slumped more than 1.2% at midday on Monday while key Asian markets posted even bigger...
South Korea tablet shipments rise in 2015
SEOUL: Consumers in South Korea bought more tablets in 2015—but mobile users in the country still have relatively few such...
China shares tumble 7%, trading halted for rest of day
SHANGHAI: China's benchmark CSI300 share index tumbled 7% on the first session of 2016 on Monday, prompting the stock exchange...
Korea’s trade volume falls below $1 trillion for first time in 5 years
SEOUL: Korea's trade volume fell below US$1 trillion for the first time in five years last year due to the...
Japanese spot aluminum premiums rise to $105-$115 MT
TOKYO: Platts assessed spot premiums for Japanese aluminum imports at $105-$115/mt plus London Metal Exchange cash CIF Japan Monday, up...
