A roadmap to diversifying Pakistan’s exports: operationalizing the product spaceOver the past decade, there has been much written about the reoccurring balance of payments crisis in Pakistan. This discussion has covered a wide range of topics, from the cost of oil imports to boos...
BRI: A ROAD MAP TO GLOBAL PROSPERITYPrime Minister Imran Khan was right on money when addressing the second Belt and Road Forum in Beijing he said "In a world of geopolitical uncertainty, of rising inequality and barriers to trade, the...
China’s quest for clean, limitless energy heats upA ground-breaking fusion reactor built by Chinese scientists is underscoring Beijing's determination to be at the core of clean energy technology, as it eyes a fully-functioning plant by 2050. Sometim...
US oil sanctions take effect on Venezuela as crisis intensifiesUS sanctions came into effect Sunday to block Venezuela’s economic lifeline of oil exports, in what Washington hopes will be a major blow in its fledgling campaign to topple leftist President Nicolas...
Sri Lanka resorts face uncertain future after suicide blastsThe cancellations started before the dust had settled on the hotels and churches hit by suicide bombers in Sri Lanka as tourists and operators pressed the panic button. Sanath Ukwatte, chairman of the...
Oil industry under pressure to respond to climate changeThe oil industry, under mounting pressure from environmental activists to react more quickly to counter climate change, has begun to adapt its strategy but is struggling to convince critics it is doin...
Arabian Centres to raise up to $836 mln in Saudi’s biggest IPO since 2014Saudi Arabian mall operator Arabian Centres Co could raise up to $836 million at the top end of the price range for its initial public offering (IPO), the sale prospectus showed on Sunday. The IPO wou...
PSX recovers from its lows, yet closes 0.4% downPakistan's equity market witnessed a volatile week where the benchmark index closed Friday at 37,131 points, down 0.4 percent from last week. Average daily volume remained subdued at 122 million share...
South Korea to look for Iran oil replacementSouth Korea will likely return to a familiar game plan to replace Iranian oil it will no longer have access to after May, now that the US intends to tighten sanctions on Iranian exports. South Korea i...
Weekly gem bazaar to be set up after Eid-ul FitrAll Pakistan Commercial Exporters Association (APCEA) intend to initiate weekly gem Bazar after Eid aimed at providing a platform to showcase Pakistani gems and promote this sector having huge potenti...
ICCI concerned over upsurge in food prices before RamazanThe Islamabad Chamber of Commerce & Industry has shown great concerns over the sharp upsurge in prices of daily food items before the start of Ramazan and called upon the government to take urgent...
Indus Motor announces financial resultsThe Quarterly Board Meeting of Indus Motor Company Ltd. for the quarter and nine months ended 31st March FY 2018-19 was held on April 26, 2019. The company's combined sales of CKD & CBU vehicles f...
India hikes wheat import duty to support local farmersIndia has raised its import duty on wheat to 40 percent from 30 percent, the government said late on Friday, as the world’s No. 2 producer of the grain tries to support local farmers. The step comes a...
Gold price increases by Rs 200Gold price in Pakistan has increased by Rs 200 and current price of yellow metal stands at Rs 69,100 per tola. 10 gram gold is at Rs 59,242 with an increase of Rs 171. Spot gold, in international mark...