IFC invests $25m in Packages Limited to modernise operations, cut energy, water use in Pakistan

ISLAMABAD: IFC, a member of the World Bank Group, has signed a deal for a five-year loan investment of US$25 million in...

Govt has prepared 8 bills to move Pakistan into FATF ‘white list’, says Qureshi

MULTAN: Foreign Minister Shah Mahmood Qureshi said on Saturday that the government has prepared eight bills for legislation on money laundering and...

Traders demand withdrawal of SOPs at Torkham border

PESHAWAR: The Sarhad Chamber of Commerce and Industry has demanded the government to withdraw standard operating procedures at the Torkham border, besides...

31 bonded labourers freed from private jails of landlords

UMERKOT: On the order of a local court, 31 bonded labourers, including women and children, were freed from two private jails of...

ALPA offers assistance to PIA, PALPA in addressing safety, technical issues

The Air Line Pilots Association, International (ALPA) has offered Pakistan International Airlines (PIA) and Pakistan Air Line Pilots Association(PALPA) assistance to address...

PM Imran says govt won’t ban social media

PM gives PTA and IT ministry a week to prepare social media regulations

Banks not ready to share client data with FBR: report

Commercial banks are not willing to share details of their account holders with the Federal Board of Revenue, a private media outlet...

UAE to give preference to Pakistanis for jobs, says Bukhari

ISLAMABAD: PM's Special Assistant for Overseas Pakistanis Zulfikar Bukhari said on Saturday that once the coronavirus pandemic subsides, the United Arab Emirates...

US new home sales shine in June; business activity picks up

WASHINGTON: Sales of new US single-family homes raced to a near 13-year high in June as the housing market outperforms the broader...

Mansehra-Thakot Motorway to open for traffic soon, says Asim Bajwa

Special Assistant to Prime Minister on Information & Broadcasting and China-Pakistan Economic Corridor (CPEC) Authority Chairman Lt Gen (r) Asim Saleem Bajwa...

NTDC installs 600MVA transformer at Yousafwala grid station 

MD says transformer installation will help improve power supply to MEPCO areas of Sahiwal, Chichawatni, Pakpattan, Arifwala, Kassowal, Vehari and Chishtian

Govt approves Rs1.5bn sales tax subsidy on locally manufactured tractors

ISLAMABAD: The government, under its 'agricultural fiscal package', has approved Rs1.5 billion sales tax subsidy on locally manufactured tractors in order to...

MoU signed between ABAD, ML&C to facilitate one window operation for construction industry

KARACHI: Association of Builders and Developers of Pakistan (ABAD) signed a Memorandum of Understanding (MoU) with the Military Lands and Cantonments (ML&C)...

IT export remittances surge by 23.71pc

ISLAMABAD: The Information Telecommuni-cation (IT) and IT enabled Services (ITeS) export remittances comprising computer services and call center services surged by 23.71...

CDA approves bids for plots in Blue Area

ISLAMABAD: The Capital Development Authority (CDA) Board approved bids of the recently conducted auctions of 12 plots in Blue Area in Islamabad...