Pakistan meets all performance criteria for end-September with comfortable margins: IMF
ISLAMABAD: The International Monetary Fund (IMF) and the local authorities have finally reached a staff-level agreement after the lending agency concluded its...
FBR to fully automate ‘Track and Trace’ system for four major sectors
The Federal Board of Revenue (FBR) would be instituting within this financial year a fully automated ‘Track and Trace’ system for at...
PM invites Huawei to explore Pakistan’s e-commerce market
Prime Minister Imran Khan has invited Huawei to explore business opportunities in the e-commerce sector of Pakistan, a private media outlet reported...
SBP reserves surge $443m to stand at $8.4bn
The foreign exchange reserves held by the central bank jumped 5.6pc on a weekly basis, according to data released by the State...
Govt starts restructuring BoDs of state-owned enterprises
ISLAMABAD: The government has started making changes to the Board of Directors (BoDs) of various state-owned companies, including the Sui Southern Gas Company...
Rs5.5bn collected through amnesty schemes, NA body told
--FBR chief says 135 individuals opted for tax amnesty scheme offered by PML-N govt in 2018, while 56 people availed PTI scheme...
Sindh govt orders K-Electric to pay Rs61.28m stamp duty fee
KARACHI: In an effort to recover the outstanding dues from different organisations, the Sindh government has ordered K-Electric Limited to pay at...
NESPAK wins ADB-funded water sector project in Balochistan
NESPAK has won the project design, construction supervision and implementation support for the Asian Development Bank-funded Balochistan Water Resources Development Sector Project...
Govt mulls issuing interest-bearing bonds to reduce circular debt
ISLAMABAD: The Finance Division has been mulling to issue interest-bearing bonds to reduce the power sector's circular debt, Pakistan Today has learnt.
Sources...
ECC approves energy ministry’s plan to raise over Rs136bn financial facility
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved a proposal of the Ministry of Energy to raise finance facilities...
KE reaffirms commitment to Karachi with $3bn investment
K-Electric is committed towards Karachi and its growth with an investment of $3 billion over the next four years across its value...
SECP launches ‘Startup Portal’ to encourage tech innovation in Pakistan
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has launched an exclusive 'Startup Portal' to encourage technology innovation in Pakistan.
SECP Information...
PM orders establishment of ‘special cell’ to check prices of essential items
ISLAMABAD: Prime Minister Imran Khan has ordered the establishment of a 'special cell' in the Ministry of National Food Security with immediate effect...
Pakistan, Qatar agree to enhance trade, investment ties
Pakistan and Qatar have agreed to strengthen and expand bilateral cooperation, particularly in the fields of trade, industry, transport, energy, manpower export,...
Govt facilitates clearance of over 1,000 imported cars
ISLAMABAD: As the new conditions imposed by the government on the import of used cars have discouraged the importers, the Economic Coordination...