PBC denounces govt’s ‘knee-jerk U-turns’ on economic policy
KARACHI: The Pakistan Business Council (PBC) issued a strongly worded statement denouncing the government's stance on surcharges and taxes, and dubbing its current...
1.2Bcf LNG being imported to plug deficit, Senate told
ISLAMABAD: Energy Minister Omar Ayub Khan on Friday informed the Senate that the government was importing around 1.2 billion cubic feet (Bcf)...
Textile millers asked to pay QTA arrears by tomorrow
LAHORE: The All Pakistan Textile Mills Association (APTMA) on Friday informed that the power distributions companies (DISCOs) had issued the Quarterly Tariff...
PRA collection registers 24pc growth in first half FY20
LAHORE: The Punjab Revenue Authority (PRA) has collected Rs53.2 billion during the first six months of the current fiscal (2019-20), posting an...
Former Sindh Bank president gets bail in fake bank accounts case
ISLAMABAD: The Islamabad High Court (IHC) on Thursday granted bail to former president of Sindh Bank Bilal Sheikh in fake bank accounts...
Govt likely to leave 9th NFC inconclusive
ISLAMABAD: Despite its tall claims of presenting the National Finance Commission (NFC) Award on time as per its constitutional obligation, the Pakistan...
Govt mulls seeking army’s help to protect crops from locusts
ISLAMABAD: The Ministry of National Food Security & Research (MNFS&R) is weighing the option to seek the army's help to protect and safeguard...
SBP reserves up $146m to $11.7bn
The foreign exchange reserves held by the State Bank of Pakistan increased 1.26pc on a weekly basis, according to data released by...
Int’l payment platform ‘Payoneer’ expands services in Pakistan
ISLAMABAD: Freelancing is gaining traction all over the globe and Pakistan is no different. However, a lack of payment gateways for foreign...
‘Early warning system’ being developed to counter food inflation: minister
ISLAMABAD: National Food Security and Research Minister Makhdoom Khusro Bakhtiar said on Thursday that the government was focused on curbing food inflation...
Senate body concerned over proposed Rs115,000 hike in Hajj package
ISLAMABAD: The Senate Standing Committee on Religious Affairs and Interfaith Harmony on Thursday expressed reservations over the proposed increase of Rs115,000 in the...
New power tariff likely to hamper textile exports
Due to the imposition of multiple surcharges, electricity tariff for Pakistan’s export sector has become highest in region
Ijaz Mazhar takes charge as acting PIA CEO
KARACHI: Pakistan International Airlines (PIA) Chief Operating Officer (COO) Syed Ijaz Mazhar on Thursday assumed charge as the acting chief executive officer (CEO)...
CPEC is in Pakistan’s ‘best interest’, says Qureshi amid US criticism
FM says PTI govt will continue to do 'what is beneficial for Pakistan'
Corruption has increased in Pakistan, says Transparency
CPI 2019 ranks Pakistan 120th out of 180, three spots down from 2018