Thai companies explore investment avenues in Pakistan Pakistan and Thailand will hold political consultations at the secretary level as well…
Browsing: In The News
*Trends in the tanker market International Experts revealed that the crude oil tanker market is currently suffering from a very…
PAKISTAN NEWS: KP govt to build a digital complex in Peshawar: Khyber Pakhtunkhwa (KP) Information Technology Board and PCSIR Labs…
Oilcrops International studies forecast for the 2019-20 season point to relatively balanced markets for oilseeds and derived products. After reaching…
PAKISTAN NEWS: VEON to extend digital services: VEON’s co-Chief Executive Officer Sergi Herrero visited Pakistan to meet with key government…
Indian and Pakistani investors in Dubai Investment flows into Dubai property market from India and Pakistan could come under severe…
*Imran Khan plans to enlarge scope of Panagah Prime Minister Imran Khan has decided to enlarge the scope of his…
Philippines notifies US of intent to end major security pact The Philippines notified the United States on Tuesday it would…
Door left Ajar for IMF-Islamabad contract In a first serious challenge to keep the $6 billion extended fund facility on…
Shipping in peril from the coronavirus aftermath The shipping industry as a whole is in dire straits, as a result…
Milk prices to stabilise in fiscal year 2020-21 Milk prices, which have risen by Rs 4-5 per litre over the…
Dubai investments posts dh657.55m profit in 2019 Dubai Investments has said that its annual net profit increased to Dh657.55 million…
*Pakistan and Malaysian strategic partnership *CPEC enters in 2ND phase with SEZ On the conclusion of Prime Minister Khan’s two-day…
Are bad days in Indian economy over? There is suddenly buzz around Indian economy, once again. A survey has shown…
Trade deficit shrinks over 28pc to $13.8bn Pakistan’s trade deficit shrank over 28 percent to $13.8 billion in first seven…
Older ships are being rushed to the scrapyards Amidst a major crisis like the current one, with most of China…
PAKISTAN NEWS: Huawei Knowledge Factory program launched in collaboration with Jazz: Jazz, the leading telecommunications company in Pakistan, has announced…
Coal production in North Dakota dropped 8% in 2019 Coal production in North Dakota dropped 8% in 2019, compared to…
Brexit: win-win game for UAE-GCC and UK Trade between the UK and GCC will increase in post-Brexit era as the…
*Prime Minister Imran Khan Invites Facebook and abolish unnecessary taxes Prime Minister Imran Khan invited Facebook to consider investments to…
CPEC: The bigger scenario Why is Washington making a song and dance about the China-Pakistan Economic Corridor (CPEC)? Are their…
Government to limit its role in lng industry: Babar Liquefied natural gas (LNG) has been a source of lucrative business…
Demolition market off to a good start Ship owners have been more active in the demolition market this week, as…
PAKISTAN NEWS: Customers can reduce their electricity bill by upto 75pc through Mevris App: Mevris, (Make Everything Smart) is Pakistan’s…
PM for advanced planning to meet wheat requirement Prime Minister Imran Khan has directed for advanced planning to meet the…
Gulf States – Economics & Finance Steel producers-UAE seek hike in anti-dumping duty Steel manufacturers in the UAE have called…
* Imran Khan invites German Software Company to support Pakistan and thank Azerbaijan’s president Prime Minister Imran Khan and his…
Slowing Indian economy weighs on insurance and reinsurance sectors Slowing Indian economy will weight on insurance premium growth over the…
Pakistan-Belgium trade boosts to €900mn Euros Bilateral trade between Pakistan and Belgium has increased to 900 million euros as Pakistan…
Demolition market off to a good 2020 begin With the majority of shipping markets on a downward path, market delegates…
PAKISTAN NEWS: PTA announces fixed number of days for users to pay for phone registration with DIRBS: With reference to…
Column-China virus outbreak a further risk to iron ore, steel viewpoint The risk to commodity demand from the spread of…
Oman’s new Sultan faces ‘balancing Act’ as credit crunch looms Holders of more than $20 billion of Oman’s dollar bonds…
*Four more youth empowerment initiatives on the cards Prime Minister Imran Khan and the government believe that if one start-up…
Vietnam aims to grow its economy by 7pc this year Vietnamese officials aim to expand their economy by 7percent this…
Lobbies become active to holdup Tapi gas pipeline Certain lobbies appear to be working to delay the Turkmenistan-Afghanistan-Pakistan-India (Tapi) gas…
ABB presents recommendation for zero-emission marine technology ABB Marine & Ports delivered testimony in the US House of Representatives Committee…
PAKISTAN NEWS: Govt Launches Digital Pakistan Internship Portal to Automate Hiring: The federal government recently launched the Digital Pakistan Internship…
Cow milk production decreases in Turkey Turkey’s statistical authority said on Monday that, in November, Turkey collected almost 728,000 tons…
UAE, GCC stocks plunge; investors to take wait-watch approach Most of the Gulf stock markets fell on Wednesday in line…
*Govt to establish 1st corporate restructuring company Prime Minister Imran Khan has taken one more step towards economic development as…
South Korea announces $51bn infrastructure spend ahead of elections South Korea plans to pour billions of dollars into developing public…
Economic times of Pakistan World Bank terms Punjab’s $200mn-worth project moderately unsatisfactory The World Bank has downgraded the $200-million Punjab…
How will technology shape the shipping industry in 2020? The impact of technology on the shipping industry will grow in…
Oil falls below $65/bbl in first weekly drop Oil fell below $65 a barrel on Friday in its first weekly…
GULF STATES – ECONOMICS & FINANCE Dubai Duty Free’s annual sales hit record dh7.406b Dubai Duty Free began the new…
*Pakistan Launches Health Insurance for Transgender Prime Minister Imran Khan says the Sehat Insaf Card will provide health insurance for…
ASIAN ECONOMY: OVERVIEW, GROWTH & DEVELOPMENT Post-olympic economic slump unlikely to hit Japan As Japan gears up for Olympic euphoria…
ECONOMIC TIMES OF PAKISTAN Government mulls either 5-year or 3-year economic plan Despite a lapse of almost one and a…
Dry bulk newbuilding activity took a dive in 2019 While 2019 was a year of great turbulence in the dry…
PAKISTAN NEWS: Govt cuts taxes on affordable phones by upto 85%: The Government of Pakistan, through a presidential ordinance, has…
World oil prices move higher as US strike killed Iranian commander Oil prices jumped to the highest level in more…
UAE Dirham will maintain its supremacy As the UAE economy grew over the years, the UAE dirham has also emerged…
* Government to announce special concessions for overseas Prime Minister Imran Khan said, the government of Pakistan is working on…
Japan’s economy faces another rocky year The year 2019 was a bumpy one for Japanese Prime Minister Shinzo Abe in…
Government planning to set up petroleum regulatory authority The government is working on a plan to set up an independent…
2019 Ends with plethora of newbuilding and S&P deals Ship owners have sought to seal a number of deals prior…
PAKISTAN NEWS: IT Ministry Asks for Reduction in Taxes on Mobile Phone Imports: The Ministry of Information Technology and Telecommunication…
Oil prices post fourth consecutive weekly gain Oil prices rose to the fourth consecutive weekly gain on Friday, steadying at…
GULF STATES – ECONOMICS & FINANCE 90,000 People apply for over 200 jobs at ikea in Dubai Dubai – and…
Imran Khan says eradication of the polio virus is vital nation Prime Minister Imran Khan urged the nation to join…
Afghanistan’s peace needs capital to endure There is intense focus now on how to reach a peace agreement in Afghanistan,…
Climate-smart farming – a solution to increasing temperature In the context of climate change, feeding a growing population will remain…
Demolition market fired up Ships’ recycling activity has accelerated over the past couple of weeks, in what appears to be…
PAKISTAN NEWS: PTA approaches whatsapp, demands explanation on hacking incidents: With reference to media reports regarding WhatsApp users being targeted…
World oil benchmarks post 3rd weekly gain Oil prices fell on Friday, but both benchmarks logged a third straight weekly…
GULF STATES – ECONOMICS & FINANCE Abu Dhabi airports awards spaces at midfield terminal to Lulu group Abu Dhabi Airports…
*PM Imran launches ‘Digital Pakistan’ initiative International studies revealed that the digital world is increasingly penetrating the education and skills…
Only 13pc of Indonesian family businesses survive until 3rd generation Family businesses account for almost all of businesses in Indonesia,…
ECONOMIC TIMES OF PAKISTAN NTC seeks exemption from 8pc turnover tax National Telecommunication Corporation (NTC) has approached the government, seeking…
More green ship recycling under way Ships’ demolition activity has been on the rise over the last couple of weeks.…
PAKISTAN NEWS: Pakistan receives $238.6 million from China mobile: The Government of Pakistan has received $238.6 million (Rs. 37.16 billion)…
World oil prices decline Oil prices fell on Monday after data showed Chinese exports declined for a fourth straight month,…
GULF STATES – ECONOMICS & FINANCE Emirates launches special fares on UAE’S national day Emirates airline has launched special fares…
*PM’s initiatives for financial inclusion and shelter homes Prime Minister Imran Khan launched the Financial Inclusion Strategy initiative under his…
Jordan PM says 2020 budget to focus on growth to ease unemployment The Jordanian Prime Minister, Omar Al Razzaz, said…
ECONOMIC TIMES OF PAKISTAN Chinese investors keen to pour $2 bn into PSX Chinese investors have expressed keen interest in…
WORLDWIDE SHIPPING INDUSTRY Baltic index gains on stronger vessel demand The Baltic Exchange’s main sea freight index, which tracks rates…
WORLD COMMODITIES TRADING World oil prices tumble on fresh trade tensions, record us crude output Oil prices fell on Friday,…
GULF STATES – ECONOMICS & FINANCE 75PC of UAE companies don’t set aside assets for end-of-service gratuities Three quarters of…
Pakistan’s external debt, liabilities rise $600mn Pakistan’s total external debt and liabilities increased $600 million to $106.9 billion in first…
Govt revises economic growth target The government has revised the economic growth target for the ongoing fiscal by 1.49 percentage…
*PM says Super 6 wind power projects provide affordable energy Prime Minister Imran Khan has signed a deal for Wind-generated…
Maritime industry confronts boatload of environmental challenges Keeping up in a world hurtling toward the dawn of the IMO 2020…
PAKISTAN NEWS: Sindh is Bringing Back Sales Tax on Cellular Services: Sindh’s provincial cabinet has decided to bring back sales…
World oil prices retreat Oil prices fell on Friday, pulling back from two-month highs as concern over U.S.-China trade talks…
GULF STATES – ECONOMICS & FINANCE GCC launches investigation to protect steel industry The GCC has started a safeguard investigation…
ECONOMIC TIMES OF PAKISTAN Pakistan decides to continue supplying imported lng Pakistan decided on Friday to continue supplying imported liquefied…
*PM gives roadmap to ministries, departments for next 3-month Prime Minister Imran Khan has given a roadmap to ministries and…
ASIAN ECONOMY: OVERVIEW, GROWTH & DEVELOPMENT S&P revises MOL outlook to positive on Azerbaijan acquisition S&P Global Ratings revised the…