VRG loses patience with red-tape to release ‘operational readiness’ ads on Independence Day

PTA irked by ads and reminds VRG that it has still to issue final commencement certificate

SBP’s export facilitation schemes entail substantial financial cost: WB

World Bank study suggests SBP reassess the refinancing rates it offers to commercial banks with a view to making export financing schemes more cost-effective

Pakistan to confer civil award on Ali Baba founder Jack Ma

Ma had donated face masks, test kits, protective gear and forehead thermometers to Pakistan earlier this year to support the country’s fight against coronavirus

KP yet to receive net hydel profit from centre

Over 10.3m units of electricity have so far been transferred from Machai Hydel Project to the national grid, for which the centre has to pay Rs73m to KP

BoI approves SEZ status for Allama Iqbal Industrial City 

ISLAMABAD: The Approval Committee of the Board of Investment on Thursday okayed 'Special Economic Zone' status for the Allama Iqbal Industrial City...

Pakistan on path to sustainable, inclusive growth: Finance Division

'Economic indicators and recent developments signify the strength and reliability of govt's overall economic performance'

Asad Umar sees economic revival from next year 

ISLAMABAD: Planning & Development Minister Asad Umar has said that the government was committed to promoting multiple sectors so as to give...

Cabinet committee expresses satisfaction over CPEC’s progress

--Asad Umar lauds progress made on CPEC in FY20, says next phase will focus on agriculture, science & technology --Asim Bajwa says CPEC's...

PM Khan finally inaugurates Peshawar BRT

Prime Minister (PM) Imran Khan on Thursday inaugurated the Peshawar Bus Rapid Transit (BRT) project. Addressing the inaugural ceremony, the prime minister said...

Cabinet allows TCP to import 1.5m tonnes of wheat

Trading Corporation of Pakistan granted exemption from PPRA rules for wheat import

PSA questions PSX’s failure to disclose material information regarding demerger

KARACHI: The Pakistan Stock Exchange (PSX) Stockbrokers Association (PSA) has written to the Securities and Exchange Commission of Pakistan (SECP) Policy Board...

Five FATF-related bills sail through NA

ISLAMABAD: A day after the government and the opposition succeeded after much dilly-dallying in developing a consensus on six out of eight...

Interest rate on youth loans slashed by half: Hafeez Shaikh

ISLAMABAD: In a major relief, Adviser to Prime Minister on Finance Abdul Hafeez Shaikh on Wednesday announced that the government has slashed...

Pakistan to domestically generate 60pc electricity by 2030: minister

--Omar Ayub says new energy policy will help reduce electricity tariff --SAPM Nadeem Babar assures transparent bidding in renewable energy projects ISLAMABAD: Federal Minister...

ECC okays timely settlement of Roosevelt Hotel’s loan

--Committee gives in-principle approval to the payment of all liabilities resulting from $105m debt secured by PIACL-owned Roosevelt Hotel in New York --ECC...