CDA to spend Rs55bn on Islamabad development projects, PM told
Prime Minister (PM) Imran Khan on Thursday was apprised that the Capital Development Authority (CDA) would utilize Rs55 billion it had collected...
NEPRA approves Rs1.62 per unit hike in power tariff
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Thursday approved an increase of Rs1.62 per unit in the power tariff due...
GSP-Plus facility: EU envoy urges Pakistani exporters to focus on product diversity
ISLAMABAD: European Union’s Ambassador to Pakistan Androulla Kaminara has stressed the need for product diversity and more value-addition to exploit the full potential...
PM directs all-out measures to facilitate foreign investors
ISLAMABAD: Prime Minister Imran Khan on Thursday called for the utmost facilitation and incentivization of Pakistani expatriates looking to invest in their...
SBP reserves fall $119m to 12.7bn
The foreign exchange reserves held by the State Bank of Pakistan declined 0.9pc on a weekly basis, according to data released by...
Govt following macroeconomic fundamentals to achieve inclusive growth: Hafeez Shaikh
ISLAMABAD: The government is committed to following macroeconomic fundamentals through effective policy making and targeted reforms with an aim to achieve sustainable...
Parliamentary panel for removal of bottlenecks in CPEC SEZs
ISLAMABAD: Parliamentary committee on Thursday directed the ministries concerned to remove all bottlenecks associated with the establishment of special economic zones (SEZs)...
SBP eases cash margin restriction on imports
The State Bank of Pakistan (SBP) has eased 100pc cash margin requirement on the import of certain raw materials to support manufacturing...
CCoE forms committee to finalise agreements with IPPs
ISLAMABAD: The Cabinet Committee on Energy (CCOE) on Thursday reviewed the report of a committee that was formed to negotiate with Independent...
Pegasus to start Pakistan-Turkey flights from tomorrow
KARACHI: Pegasus Airlines, a low-cost Turkish carrier, is set to launch its flight operation to and from Pakistan as the Civil Aviation...
TOMCL profit rises 22pc in FY20
LAHORE: The Board of Directors (BOD) of The Organic Meat Company Limited (TOMCL) met on Thursday to review the company's performance and...
Farmers to bear brunt of GIDC row
The government and fertiliser industry's row over gas infrastructure development cess (GIDC) dues will have an adverse effect on farmers as urea...
Chinese universities to open campuses in Haripur: CEN
ISLAMABAD: Chinese universities will collaborate with the government of Pakistan to open campuses in Pak-Austria Institute of Applied Sciences and Technology, Haripur,...
NIFT, Checkout.com aim to bring int’l payment methods to Pakistan
'Implementation of the project, MoU for which was signed last month, will enable both organisations provide payment services through each other's infrastructure'
Five years on, flood-damaged hydel electric projects in Chitral remain inoperable
PESHAWAR: Due to the financial crisis faced by the Khyber Pakhtunkhwa government, completion of a number of important power generation projects in...