‘200-acre furniture city to be developed soon’
ISLAMABAD: Faisalabad Industrial Estate Development and Management Company (FIEDMC) Chairman Mian Kashif Ashfaq said on Saturday that the government would fully exploit the...
Weekly inflation drops 0.4pc
ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation (as on January 23) for the combined consumption group decreased by 0.40pc as compared to...
‘Preemptive action’: Interest rate likely to remain unchanged
Analysts say policy rates will be lowered once currency stabilises, exports recover and inflation recedes to a single-digit
Explainer: Why Transparency International Corruption Perception Index 2019 is not representative of PTI govt
Much has been made about Transparency International’s (TI) Corruption Perception Index (CPI) Report 2019 that has reduced Pakistan's score from 33 to...
American energy firms, manufacturers interested in Pak market: Wells
WASHINGTON: Chief US diplomat for South Asian Affairs Alice Wells has said Washington "strongly urges" Islamabad to implement its Financial Action Task Force...
Oil drops more than 2% on China virus fears
NEW YORK: Crude prices fell more than two percent on Friday, heading toward $60 a barrel and a steep weekly decline over...
Gas reserves discovered in Sindh
KARACHI: The Oil and Gas Development Company Limited (OGDCL) has announced about the discovery of gas and condensate at Ranipur Block of...
Cash-strapped PSO may stop oil supply to airlines
ISLAMABAD: The cash-strapped Pakistan State Oil (PSO) has cautioned the government that oil supply to domestic and international airlines may come to...
FATF requirement: SECP to implement new brokers regime
ISLAMABAD: In a bid to meet the pressing demand of the Financial Action Task Force (FATF), the Securities and Exchange Commission of...
Pakistan, Japan agree to enhance cooperation in trade, investment
ISLAMABAD: Pakistan and Japan in their bilateral political consultations focused on ways to enhance cooperation in the fields of trade, investment, people-to-people...
Indonesia to increase imports from India after New Delhi-Kuala Lumpur row
NEW DELHI: Indonesia has agreed to immediately increase imports of Indian buffalo meat, sugar and auto parts after India boosted purchases of...
UK to take decision next week on Huawei 5G despite US opposition
London: Britain is expected to announce next week whether to allow China’s Huawei to develop its 5G network, an official said on...
FBR launches fresh drive against tax evaders, money launderers
ISLAMABAD: In a bid to comply with FATF requirements vis-a-vis money laundering, the Federal Board of Revenue (FBR) has launched a countrywide...
Border trade: A collateral victim of Indo-Pak tensions
ANKARA: The tensions between India and Pakistan, resulting in snapping of trade ties have affected 50,000 people directly in India’s border city of...
Abundant wheat stock available in Punjab, LHC told
LAHORE: The Punjab government informed the Lahore High Court (LHC) on Friday that there was a substantial quantity of wheat available in the flour mills and in...