Pakistan ranks third globally in Chinese development finance with $70.3bn portfolio – Viral News
A recent report from AidData, a US-based international development research lab, has revealed that Pakistan is the third-largest recipient of Chinese development finance worldwide,...
Rs69bn tax evasion scheme involving ‘flying invoices’ uncovered – Viral News
The Federal Board of Revenue (FBR) has uncovered a tax evasion scheme involving fake and flying invoices, amounting to Rs68.779 billion by just one...
Indonesia urges enhanced trade – Viral News
KARACHI, PAKISTAN:
The Consul General of Indonesia, Dr June Kuncoro Hadiningrat, has emphasised the need for boosting trade and investment opportunities between Indonesia and Pakistan....
Riyadh asks Islamabad to approach China’s Sinopec for $10bn green refinery project – Viral...
Riyadh wants EPC contract to be given to Sinopec.Â
Petroleum Division asked to assess Sinopec's investment interest.
SIFC asks division to facilitate Chinese...
Pakistan’s first local currency venture capital fund launched – Viral News
KARACHI:
Pakistan is set to launch its first-ever venture capital fund denominated in the local currency, aiming to boost the country’s tech sector and support...
Harsh rains devastate date harvest in Sindh – Viral News
KARACHI:
The recent heavy showers in Sindh have wreaked havoc on the date harvest, causing an acute shortage of this beloved fruit in local markets....
Cement despatches decline by 5.78pc in October 2023 – Viral News
ISLAMABAD: Cement despatches in Pakistan faced a downturn in October 2023, declining by 5.78% on a year-on-year basis. Data released by the All Pakistan...
FBR collection higher than target set by IMF for first quarter: Shamshad – Viral...
We are on track for IMF programme, Dr Shamshad says.
IMF to arrive early next month for review, she adds.
Minister hopeful of...
Forex reserves rise $14m to $7.51b – Viral News
KARACHI:
Pakistan’s foreign exchange reserves rose by 0.18% on a week-on-week basis, with the total standing at $7.51 billion, according to data released by the...
Textile exports record 5% rise in October after months of contraction – Viral News
Textile shipments increase to $1.43bn in Oct: APTMA.
Exports in first 4 months of current fiscal year declined by 7%.
Downward trend in exports...