JOHANNESBURG, SOUTH AFRICA — China has connected a high-speed, multimillion-dollar, 15,000-kilometer undersea cable to Kenya, as Beijing advances what’s been dubbed its “digital silk road,” and Africa seeks the infrastructure it badly needs for better …

Pakistan Steel Mills (PSM) accumulated an overall loss of Rs. 67.167 billion in merely six months of 2020 despite laying off 5000 employees who received a golden handshake, according to officials of the Ministry of Industries and Production.The officia…

President, Dr. Arif Alvi has lauded the business and traders’ community for playing an effective role in enhancing exports of the country and economic stability.Addressing the 9th Federation of Pakistan Chambers of Commerce and Industry Achievements Aw…

President Arif Alvi has expressed the resolve that Pakistan will gain an influence in the world by making its economy stable and maintaining a strong defence line.He was speaking at a ceremony after giving awards to the organizers of Pakistan Day Parad…

Commercial banks in Pakistan have approved Rs. 157 billion and disbursed Rs. 56 billion to customers across the country under Mera Pakistan Mera Ghar (MPMG), a markup subsidized scheme of the federal government.This was disclosed by State Bank of Pakis…

An inter-ministerial meeting chaired by Foreign Minister Shah Mahmood Qureshi in Islamabad on Tuesday reviewed arrangements made for the OIC Council of Foreign Ministers meeting to be held on 22nd of this month.In his remarks on the occasion, the Forei…

Finance Minister Shaukat Tarin says the government is fully committed to address the issues of Pharmaceutical industry and provide maximum support to them.He gave the assurance during a meeting with a delegation of Pakistan Pharmaceuticals Association …

Asian Development Bank’s Vice President (Operations), Shixin Chen called on Minister for Economic Affairs Omar Ayub Khan in Islamabad and discussed the Bank’s technical and financial assistance for Pakistan, including ongoing portfolio and priority are…

Finance Minister Shaukat Tarin says the government is committed to the welfare of common man and several steps have been taken in this regard.Addressing the ceremony in Lahore on Friday, he said many welfare programs including the health card and Kamya…

Finance Minister Shaukat Tarin has expressed the confidence that national economy is heading in right direction due to effective measures taken by the government.Addressing a seminar in Islamabad, he said the country’s economy is growing at a rate of f…