Forex reserves rise $29m to $11.29b
Foreign currency deposits have surged $2.19b in four monthThe central bank said in its latest weekly update on Thursday that the country’s foreign exchange reserves, held by the SBP, decreased…
CDA to Auction Luxury Hotel Plots for Overseas Investors
On Wednesday, the Capital Development Authority (CDA) announced that two luxury hotel plots have been offered for international auction, scheduled for December 17, 2024. These plots are aimed at attracting…
China resilient against external shocks, vice commerce minister says amid US 60% potential tariff threat
China’s economy has demonstrated strong resilience, great potential and vitality, and the country is capable of resisting the impact of external shocks. Tariffs will only lead to high costs for…
China open to dialogue, cooperation with U.S. to promote steady economic relations: official
China is ready to engage in dialogue, expand areas of cooperation and manage differences with the United States to promote steady and sustained development of bilateral economic and trade relations,…
Photographic Competition Announced to Mark Mountain Day
The Pakistan Tourism Development Corporation (PTDC) has announced a photography competition to celebrate International Mountain Day 2024, which will be observed on December 11. This year’s theme, “Mountain Solutions for…
Pakistan: Delivering clean air
IN recent days, we saw economic and social life in almost all of Punjab and KP come to a standstill. The air quality in Punjab, the most populous and most…