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Investment in Gwadar: China to help build $3b LNG pipeline and terminal

ISLAMABAD:  The $45-billion worth of agreements signed by Pakistan and China earlier this month included a multibillion-dollar LNG pip...

Textile, clothing exports fall in July-August

ISLAMABAD: Pakistan’s export of textile and clothing fell by over five per cent in the first two months of the current fiscal year from ...

Falling oil price tilts economic balance in US favour

LONDON: The drop in oil prices to their lowest in two years has caught many observers off guard, coming against a backdrop of the worst ...

Floods may cause immense loss to economy

KARACHI: The brokerage houses that keep their eyes on corporate earnings have flooded the market with their reports on the scale of dama...

Economic commotion: Alarm bells go off as investors rethink

KARACHI:  It was the single largest foreign direct investment in Pakistan. At $6 billion, the 250,000-barrel per day (bpd) Khalifa Point R...

Corruption costs poor countries $1tr a year

PARIS: Corruption, fraud and money-laundering cost poor countries a total of $1.0 trillion a year, the anti-poverty organisation ONE sai...

Promises to IMF in doubt as protests sap economy

ISLAMABAD:  Anti-government protests that have gripped Islamabad since mid-August could throw off course economic reforms Pakistan promi...

Power generators: HUBCO puts coal-conversion plan on hold

KARACHI: Hub Power Company Limited (Hubco) has put on hold the plan to convert its oil-based power generators to coal, as it has already...

Pakistan, India: Trade goes on despite political ups and downs

LAHORE:Trade between Pakistan and India is on a continuous rise, which comes despite the fact that economic ties often get complicated...

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