Foreign Direct Investment plunges 51pc YoY in Sept
KARACHI: Foreign direct investment (FDI) was recorded at $189 million in September 2020, compared to $384 million in September 2019, showing a decrease...
State Bank digitises forex-related operations
KARACHI: State Bank of Pakistan (SBP) Governor Dr Reza Baqir on Friday launched the SBP FX Regulatory Approval System (RAS) for end-to-end...
Punjab govt to share e-stamp, land ownership data with FBR
ISLAMABAD: The Federal Board of Revenue has signed a memorandum of understanding (MoU) with the Board of Revenue-Punjab under which the latter...
PM Imran inaugurates Pakistan’s first stent production facility
ISLAMABAD: Prime Minister Imran Khan on Friday inaugurated a mega stent production facility at the National University of Science and Technology (NUST)...
IT ministry, Microsoft discuss digital initiatives, avenues for collaboration
ISLAMABAD: The Ministry of Information Technology & Telecommunication and Microsoft, the world's leading software company, have discussed possible investment avenues to establish...
Pakistan, Saudi Arabia agree to enhance IT cooperation
ISLAMABAD: Pakistan and Saudi Arabia have agreed to enhance bilateral cooperation in the field of information technology (IT) and to continue close...
21,000 Roshan Digital Accounts opened; $24m received: PM
ISLAMABAD: Prime Minister Imran Khan said on Thursday that around 21,000 non-resident Pakistanis opened Roshan Digital Account remotely and sent $24 million with...
SBP reserves drop $356m to $11.79bn
The foreign exchange reserves held by the central bank declined 2.9pc on a weekly basis, according to data released by the State...
LHC asks govt to explain 262pc hike in drug prices
LAHORE: The Lahore High Court (LHC) on Thursday directed the federal government to submit a report explaining the rationale behind its move...
PM for making NOCs’ issuance to construction industry easy, transparent
ISLAMABAD: Prime Minister Imran Khan has directed the authorities concerned to make the process of issuance of no-objection certificate (NOC) in the...
Planning ministry reviews arrangements for next JCC meeting on CPEC
ISLAMABAD: Planning, Development & Special Initiatives Minister Asad Umar on Thursday chaired a consultative meeting to review the preparations for the upcoming 10th...
Asad Umar warns of another lockdown if Covid cases continue to rise
ISLAMABAD: Planning Minister Asad Umar has urged the people to take Covid-19 standard operating procedures (SOPs) seriously.
In a series of tweets on...
ECC approves import of 340,000MT wheat
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Thursday granted approval for the import of 340,000 metric tonnes of wheat.
Adviser...
Italy reopens seasonal work visas for Pakistan
ISLAMABAD: In the latest announcement of its annual schedule of work visas called 'Decreto-Flussi', the Italian government has allowed Pakistani nationals to...
CCoE to review North-South pipeline’s implementation status tomorrow
ISLAMABAD: The Cabinet Committee on Energy (CCoE) will take up the implementation of 1,100 kilometre North-South Gas Pipeline (NSGP) project in its...