Chinese vaccine may not be ready for sale until at least 2021: state media
BEIJING: A coronavirus vaccine candidate China is developing may not be ready for sale until at least 2021, as researchers struggle to...
BOI launches portal to facilitate investments in housing sector
ISLAMABAD: The Board of Investment (BOI) has launched on its website a portal for "investment opportunities in the housing sector of Pakistan",...
Trump renews threat to cut ties with Beijing, a day after high-level US-China talks
WASHINGTON: United States (US) President Donald Trump on Thursday renewed his threat to cut ties with China, a day after his top...
NPMC takes notice of essential food items price hike
ISLAMABAD: A meeting of the National Price Monitoring Committee (NPMC) held on Tuesday, under the chairmanship of the finance secretary took notice...
11MFY20: Cement exports fall 6.8pc to $242m
ISLAMABAD: The export of cement from the country witnessed a decline of 6.79pc during the first 11 months of the current financial...
Pakistan fiscal deficit to hit 9.5pc of GDP: Fitch Ratings
According to Fitch, lower oil prices are expected to offset the decline in remittances, which will keep the current account deficit stable at 2% of GDP through the next fiscal year.
OMCs found guilty of hoarding petroleum products
ISLAMABAD: A fuel crisis committee probing the current shortage of petroleum products in the country has found some OMC’s guilty of hoarding...
Senate committee rejects luxury tax on farmhouses
Govt had earlier proposed luxury tax on farmhouses as well as residential homes having an area of over two kanals
Big industry suffers monthly contraction of 32.9pc in April
Overall output of large-scale manufacturing during July-April FY20 decreased by 8.96pc as compared to the same period of last year
SBP raises Rs47bn from Sukuk auction
KARACHI: The State Bank of Pakistan (SBP) has reported that the government raised Rs47.24 billion through the auction of the five-year Government...
Mango exporters welcome opening of borders with Iran, Afghanistan
--Iran allows six more Pakistani companies to export mangoes
--PIA announces concessional air freight charges for mango exporters
ISLAMABAD: With the government's intervention, major...
Emirates to begin flights from Sialkot on June 24
ISLAMABAD: The Dubai-based airline Emirates, on Thursday, announced that it will be flying scheduled flights for travellers from Sialkot from June 24.
In...
SBP reserves rise by $11m to $10.1bn
KARACHI: The net foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $11 million to $10.107 billion during...
PMLN asks PTI government to increase budgetary allocation for livestock, dairy sector
LAHORE: Pakistan Muslim League Nawaz (PMLN) on Thursday asked the Pakistan Tehreek-e-Insaf (PTI) government to increase budgetary allocation for livestock and dairy...
KP govt proposes Rs310bn development outlay for FY21
PESHAWAR: The Khyber Pakhtunkhwa (KP) government has proposed an annual development outlay of over Rs310 billion under the budget for the financial...