Pakistan resolves $1.2bn Karkey dispute with Turkey

The Pakistani government has resolved the Karkey power plant dispute with the help of Turkish President Recep Tayyip Erdogan, Prime Minister Imran...

FM Qureshi invites Malaysian investors to explore Pakistani market

Foreign Minister Shah Mehmood Qureshi on Monday invited the Malaysian investors to avail the investment opportunities in Pakistan. Talking to the business community...

300MW power project finally inaugurated in Gwadar

ISLAMABAD: The much-awaited 300-megawatt imported coal-fired power plant has been inaugurated in Gwadar with an estimated Chinese investment of around $600 million. The...

Textile exports up 2.9pc to $3.37bn in 1QFY20

ISLAMABAD: Textile exports from the country grew by 2.95pc during the first quarter of the current financial year (1QFY20) as compared to...

Bullish sentiment prevails as KSE-100 stages 900-point rally

KARACHI: Bulls of the Pakistan Stock Exchange (PSX) remained dominant on the first trading session of the week, as the indices moved north...

Cement sector posts growth for second consecutive month

ISLAMABAD: The cement sector reported a 9.19pc increase in despatches in October 2019, as 4.984 million tonnes of cement despatched during the...

FBR to tighten noose around ‘tax-evading sectors’

ISLAMABAD: In an effort to meet the conditions of the International Monetary Fund (IMF), the Federal Board of Revenue (FBR) is all set...

Trade deficit falls by 33.5pc in four months FY20

Pakistan's trade deficit decreased significantly by 33.5pc during the first four months of the fiscal year 2019-20, a commerce ministry report revealed...

Imports from India plunge 39.47pc in 1QFY20

ISLAMABAD: Pakistan's imports from India dropped by 39.47pc during the first quarter of the current financial year (FY19-20), following the dip in...

Provinces directed to ensure lowest prices for edible items

ISLAMABAD: Prime Minister Imran Khan on Saturday directed the provincial governments to ensure the availability of edible items at the lowest possible prices. Chairing...

PM reaffirms support for smart subsidy

Punjab govt mulls launching 'Kissan Card' programme to ensure 'targeted subsidy for small farmers' Farmers having up to five acres of...

SECP issues rules for rehabilitation of sick industry

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP), with the approval of the federal government, has notified the Corporate Restructuring Companies Rules,...

‘SBP committed to streamlining its legal framework’

State Bank of Pakistan (SBP) Governor Dr Reza Baqir has said that the central bank would further strengthen its legal framework to...

Pak-China JWG stresses crop productivity, technology transfer

ISLAMABAD: The first meeting of the Pak-China Joint Working Group (JWG) on Agriculture has agreed to focus on the vertical increase in...

NRTC issued licence to manage tobacco tracking system

ISLAMABAD: Federal Board of Revenue (FBR) has granted a licence to National Radio Telecommunication Corporation (NRTC) at price of Rs731 per 1,000...