Govt to set up markets along Afghanistan, Iran borders

PESHAWAR: The federal government has decided to set up border markets at Iran and Afghanistan borders to boost bilateral trade and provide...

EOBI pensioners to get Rs2.4bn in arrears by next month

ISLAMABAD: The Employees’ Old-Age Benefits Institution (EOBI) Chairman Azhar Hameed on Monday said that EOBI would pay three-month of arrears amounting to...

Cabinet approves appointment of Rahat Kaunain as CCP chairperson

Rahat Kaunain previously served as CCP chairperson from 2010 till 2013, a time when Abdul Hafeez Shaikh was the finance minister 

PSDP 2019-20: Govt’s development expenditure remains Rs56bn short of allocations

ISLAMABAD: The federal government authorised the release of Rs644.7 billion for various ongoing and new social sector uplift projects under its Public...

Govt okays two more projects under public-private partnership 

After Sukkur-Hyderabad Motorway, govt decides to construct Karachi-Quetta Road and Mianwali-Muzaffargarh Road on PPP mode

PSX, MUFAP appreciate ‘long overdue’ capital market reforms, urge govt to do more

KARACHI: In a joint statement released on Monday, the Pakistan Stock Exchange (PSX) and the Mutual Funds Association of Pakistan (MUFAP) appreciated...

First batch of locally-produced ventilators handed over to NDMA

The first batch of domestically-produced ventilators was handed over to the National Disaster Management Authority (NDMA) primarily to treat the critically-ill coronavirus...

 Unbudgeted subsidy of Rs969m extended to RLNG fertiliser plants

Agritech and Fatima Fertilizer will receive RLNG at a subsidised rate of Rs756 per mmbtu for three months to produce around 200,000 tonnes of urea

SNGPL stakeholders elect 11 board of directors

The Sui Northern Gas Pipelines Limited’s shareholders have elected 11 directors of the company for next triennial starting from July 6, 2020.  Of...

PM directs MoC to present five-year trade policy by July 10

ISLAMABAD: The Prime Minister (PM) Imran Khan has directed the Ministry of Commerce (MoC) to present the next five year trade policy...

Pakistan, China ink accord for construction of Azad Pattan Hydel Power Project

Lt Gen (r) Asim Bajwa says the project will attract $1.5bn foreign investment, besides creating 3,000 job opportunities 

Big Four told to ring fence auditing in Britain by June 2024

LONDON: PwC, Deloitte, KPMG and EY should ring fence auditing in Britain as a separate business by June 2024, their regulator said...

SBP extends refinance facility to hospitals serving non-Covid-19 patients

KARACHI: In light of the deteriorating situation of healthcare in Pakistan, the State Bank of Pakistan (SBP) has extended its refinance facility to...

KP government initiates Rs5.76bn relief payment to North Waziristan traders affected by military operation 

PESHAWAR: The Khyber Pakhtunkhwa (KP) government has initiated the payment of more than Rs5.76 billion in total funds to traders affected by...

Foreign investors satisfied with improving security environment: OICCI survey

ISLAMABAD: Overseas Investors Chamber of Commerce and Industry (OICCI) released the results of its latest Annual Security Survey 2020, covering feedback on...