Wednesday, April 8th, 2009 Posted in Economy | No Comments »
ISLAMABAD: The International Monetary Fund says that Pakistan needs additional aid to withstand a decline in domestic economic activity as exports have dropped in line with slowing growth around the ... Read more..Thursday, March 5th, 2009 Posted in Business | No Comments »
KARACHI (March 05 2009): The dwindling number of foreign investors left in Pakistan must wonder whether it's worth it after militants targeted the Sri Lankan cricket team in Lahore. ... Read more..Monday, March 2nd, 2009 Posted in Dubai Real Estate News | No Comments »
The UAE will execute projects worth $918 billion (Dh3.36 trillion) in oil and gas, petrochemicals, real estate, industry and other sectors, according to the International Monetary Fund (IMF). Read more..Thursday, February 19th, 2009 Posted in Business | No Comments »
KARACHI (February 19 2009): Net foreign investment has declined by 13 percent during the first seven months of the current fiscal year mainly due to massive outflow from portfolio investment ... Read more..Thursday, February 5th, 2009 Posted in Pakistan Real Estate News | No Comments »
KARACHI: Business at the once thriving underground markets of Karachi has come to a standstill given the security situation of the city, a senior officer of the defunct KMC told ... Read more..Monday, February 2nd, 2009 Posted in International Real Estate | 1 Comment »
According to the International Monetary Fund (IMF), Qatar's economy will grow by 29% in 2009, the fastest rate in more than a decade, as natural gas production almost doubles. The ... Read more..Wednesday, January 28th, 2009 Posted in Economy | Comments Off
ISLAMABAD: Pakistan signed an agreement with the World Bank on Tuesday for a soft loan of $500 million for launching various programmes for poverty alleviation. Read more..Tuesday, January 20th, 2009 Posted in Business | No Comments »
KARACHI: Despite cuts in building cost with a steep fall in steel bar prices and some stability in cement rates, construction activity has not picked up. Read more..Sunday, January 18th, 2009 Posted in News | Comments Off
ISLAMABAD (January 18 2009): President Asif Ali Zardari on Saturday advised the government to expedite the Thar coal project by reviewing the progress more often and removing the bottlenecks that ... Read more..Sunday, January 18th, 2009 Posted in Economy | Comments Off
KARACHI: A senior economist and a former federal minister Dr Hafiz Pasha has indicated the possibility of further rise in State Bank of Pakistan’s discount rate in coming days as ... Read more..Tuesday, January 13th, 2009 Posted in Global Financial Crisis | Comments Off
The year started off brightly for Pakistan, with record foreign exchange reserves and a booming stock market, which reached it’s highest ever level of 15,760 in April. Read more..Monday, January 12th, 2009 Posted in People & Places | Comments Off
ISLAMABAD (January 12 2009): Saudi Arabia is embarking on a plan to lay down a railway line connecting the Holy sites of Mina, Arafat and Muzdalifa with Makkah and Madina ... Read more..Friday, January 9th, 2009 Posted in Pakistan Real Estate News | No Comments »
HYDERABAD (January 07 2009): The District Peoples Development Committee (DPDC) Hyderabad in its meeting held under the Chairmanship of MPA Pir Amjad Hussain Shah Jilani has approved 777 different development ... Read more..Thursday, January 8th, 2009 Posted in Pakistan Real Estate News | No Comments »
ISLAMABAD: Many developed countries in the Friends of Pakistan (FOP) forum have termed Pakistan’s request for obtaining $60 billion financing for 71 development projects as a “wish list” or a “long ... Read more..Wednesday, January 7th, 2009 Posted in Economy | Comments Off
ISLAMABAD : The Federal Board of Revenue (FBR) has missed the first half year revenue target of Rs580 billion by a wide margin of Rs36.7 billion raising fears of missing ... Read more..Tuesday, January 6th, 2009 Posted in Economy | Comments Off
KARACHI (January 06 2009): Complying with the IMF's one of the primary conditions, the Federal Government has not only restrained from borrowings but also retired some Rs 98 billion to ... Read more..Sunday, January 4th, 2009 Posted in Economy | Comments Off
LAHORE (January 03 2009): Equities on Friday showed positive signs at the Lahore Stock Exchange (LSE) where fresh buying moved the entire ready-board in upward direction amid increase in index. ... Read more..Sunday, January 4th, 2009 Posted in Eco-Friendly | Comments Off
Shaukat Tarin adressing a press conference - Reuters/File photo KARACHI : Pakistan has met all targets set by the International Monetary Fund (IMF), says adviser to the prime minister on finance ... Read more..Saturday, January 3rd, 2009 Posted in Pakistan Real Estate News | No Comments »
Lahore: SITE offices, manned by the personnel of the agencies concerned, should be set up for the projects being executed under the Lahore Roads Rehabilitation Programme, at a cost of ... Read more..Thursday, January 1st, 2009 Posted in Economy | No Comments »
ISLAMABAD (January 01 2009): Pakistan will receive $500 million from China by January 4 or 5, and would also avail $500 million tranche during this quarter (January-March), says Advisor to ... Read more..Thursday, January 1st, 2009 Posted in Economy | No Comments »
Forex reserves decline 40.1pc Karachi: The rupee depreciated at a mind-boggling rate in the calendar year 2008 and recorded a decline of 27.8 per cent against the dollar, due to depletion ... Read more..Friday, December 26th, 2008 Posted in Economy | No Comments »
Pakistan is to get a $7.6 billion IMF credit facility under a 23-month Stand-by-Arrangement (SBA). An amount of $4.0 billion in credit is due during the current fiscal year to ... Read more..Saturday, December 13th, 2008 Posted in Economy, Global Financial Crisis | No Comments »
‘Govt will have to embrace hard choices in days to come ’ ISLAMABAD: The International Monetary Fund (IMF) said on Friday that Pakistan needs more financing urgently to strengthen its resilience ... Read more..Saturday, December 6th, 2008 Posted in Business | No Comments »
ISLAMABAD: Advisor to Prime Minister on Finance, Revenues and Economic Affairs, Shaukat Tarin has expressed the hope that Pakistan would get US $ 2.5 billion assistance in addition to the ... Read more..Sunday, November 2nd, 2008 Posted in Economy, Global Financial Crisis | No Comments »
ISLAMABAD: Advisor to Prime Minister on Finance, Shaukat Tareen has said that Pakistan needs four billion dollars within 20 days to sustain at its present position. “We need this amount within ... Read more..