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1-10 results from 1000 for query «growth»

September 21, 2018 12:00 AM Pakistanis lose $4.5 billion/year in net income on patchy electricity access: WB

KARACHI: Pakistani households lose an immense $4.5 billion or 1.7 percent of GDP in net income every year due to the lack of reliable access to electricity, the World Bank said, underscoring the need of energy sector reforms to address inefficiencies. “This estimate is likely to grossly understate the actual loss, because it does not capture the impact 3

September 20, 2018 12:00 AM Jang Economic Session: Good governance linked to effective accountability, political stability

LAHORE: Good governance and improvement in other sectors could not be achieved without effective coordination between the institutions and people. Revolution is required for socio economic growth. These views were expressed by the experts at Jang Economic Session on ‘how to ensure good governance for economic growth’. The panellists were Ansar Javeed 7

September 20, 2018 12:00 AM Malaysia’s inflation rate rises 0.2pc

KUALA LUMPUR: Malaysia´s consumer price index in August rose 0.2 percent from a year earlier, the slowest growth in three-and-a-half years, after the removal of a 6 percent consumption tax, government data showed on Wednesday. The annual inflation rate was below the 0.4 percent rise forecast by a Reuters poll, and was the lowest since February 2015, when it was at 0.1 percent 7

September 19, 2018 12:00 AM China’s ‘reform deficit’ lamented

Beijing: Foreign companies cannot compete on a level playing field in China because the world´s second-largest economy is stuck in a "reform deficit", a European business group said Tuesday. Despite four decades of booming growth, Beijing has fallen behind on pledges to implement reforms and liberalise its economy, the EU Chamber of Commerce in China 3

September 17, 2018 12:00 AM Germany committed to help Iraq rebuild-defence min

TAJI, Iraq: German forces will be needed in Iraq for a long time to help rebuild the country’s military as it struggles to ensure that Islamic State militants do not regroup in underground cells, German Defence Minister Ursula von der Leyen said on Sunday. Germany, which has about 125 soldiers in Iraq, is committed to supporting Baghdad as it rebuilds

September 16, 2018 12:00 AM China to help upgrade Karachi-Peshawar railway track

BEIJING: China has agreed to undertake work on rehabilitation and up-gradation of Karachi-Lahore Peshawar (ML-1) Railway Track (1,872kms) on fast-track basis. This is an important part of Pakistan-China Economic Corridor. National Railway Administration of China (NRAC) and the Ministry of Railways Pakistan have already done some initial work to this effect 3

September 14, 2018 8:46 PM Pakistan, China agree to work more closely to build brighter, prosperous future for region

Islamabad: Pakistan and China have agreed to work more closely to build a brighter and prosperous future for the region. Chinese Ambassador Yao Jing called on Abdul Razak Dawood, Advisor to Prime Minister on Textile, Commerce, Industry and Production, and Investment today at Islamabad. The Advisor stated that in parallel to strong political affinity 1

September 14, 2018 12:00 AM Malaysia may grow 5 percent

HONG KONG: Malaysian Finance Minister Lim Guan Eng said on Thursday that the Southeast Asian country can sustain 5 percent annual economic growth as its new administration reviews mega projects and copes with hefty debts left by the previous government. In August, Malaysia cut its 2018 growth forecast to 5 percent, from 5.5-6.0 percent and reported much slower 4

September 13, 2018 12:00 AM Apple’s newest iPhone could have big screen, big price

SAN FRANCISCO: Apple Inc is expected to blast further past the $1,000 price barrier when it launches new iPhones on Wednesday, but Wall Street is most intrigued by how deep into its larger-than-ever lineup prices hikes may go. Apple´s market capitalization has passed $1 trillion and the company needs to sustain revenue growth from its signature product 4

September 12, 2018 12:00 AM Karandaaz, DFID initiate credit enhancement facility for infrastructure projects

ISLAMABAD: Karandaaz Pakistan and UK’s Department for International Development (DFID) on Tuesday introduced Pakistan Credit Enhancement Facility (PCEF) to public and private sector stakeholders at a conference. The local currency credit enhancement facility was being set up to address and overcome existing constraints in the supply of local financing