Pakistan urged to resolve corporate issues faced by Korean companies
ISLAMABAD: Officials of Pakistan's Ministry of Commerce (MoC) and South Korea's Ministry of Trade, Industry and Energy (MOTIE) held the 3rd Round of...
SBP recommends increase in retirement age to cut fiscal burden
KARACHI: The State Bank of Pakistan (SBP) has recommended an increase in retirement age in order to reduce the average coverage period...
‘Continent of future’: Pakistan seeks enhanced trade ties with African states
FM Qureshi says recent initiatives led to 7pc growth in trade with Africa despite Covid-related challenges
Pakistan, KSA discuss joint ventures in energy, tourism sectors
ISLAMABAD: Energy Minister Omar Ayub Khan has said that the government is focusing on energy projects under the new renewable energy policy...
IsDB to support Pakistan’s anti-polio drive with $60m aid
ISLAMABAD: An agreement was signed between Islamic Development Bank (IsDB) and Economic Affairs Division for $60 million financing -- $39 million in...
BOP, Akhuwat Islamic Microfinance sign MoU to facilitate applicants under Kamyab Jawan programme
The Bank of Punjab (BOP) and Akhuwat Islamic Microfinance (AIM) have signed a memorandum of understanding (MoU) to provide financing to applicants...
ECC approves removal of additional customs duties on 152 tariff lines
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday gave a go-ahead to remove 2pc additional customs' duties on 152...
Pakistan, Iran to open Pishin border crossing to boost trade
TEHRAN: Iran and Pakistan are set to open a third terminal in their borders in the near future in a bid to...
Oil extends gains after surprise Saudi output cut
LONDON: Oil prices extended gains on Wednesday, rising to their highest since late February, after Saudi Arabia announced a big voluntary production...
FBR urged to revise mandatory filing of taxpayers’ profiles
ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) has called upon the Federal Board of Revenue (FBR) to revise its policy for...
Stocks gain 502 points to breach 45,000 barrier
KARACHI: Bulls regained control of the Pakistan Stock Exchange (PSX) on Wednesday, with the benchmark index crossing the 45,000 threshold for the...
NYSE may make second U-turn on China telecom delistings amid confusion over policy
NEW YORK: The New York Stock Exchange is reconsidering its plan to allow three Chinese telecom giants to remain listed, the latest...
World Bank forecasts Pakistan’s growth rate at 0.5pc in FY21
--Containment measures, impact of pre-pandemic monetary and fiscal tightening cited as key reasons for restrained growth in Pakistan
--Global economic prospects report stresses...
CAA updates Covid advisory, int’l travel categories
KARACHI: The Civil Aviation Authority of Pakistan on Tuesday updated its Covid advisory and A & B categories for international travel, which...
PM directs Punjab govt to ensure financial assistance to farmers
ISLAMABAD: Prime Minister Imran Khan has directed the officials concerned to activate the Punjab Cooperative Department to ensure financial assistance to farmers.
The...