Govt releases Rs257 billion for development projects
ISLAMABAD: The Ministry of Planning Development and Reforms has so far approved release of Rs257.167 billion, including Rs53.62 billion foreign aid for...
Saudi Arabia kick-starts IPO of world’s largest oil company
DUBAI: Saudi Arabia’s state oil company kick-started its initial public offering (IPO) on Sunday, announcing its intention to list on the domestic...
US-China trade deal in sight after progress in high-level talks
WASHINGTON: The United States and China said they made progress in talks aimed at defusing a nearly 16-month-long trade war that has harmed...
Cement sector posts growth for second consecutive month
ISLAMABAD: The cement sector reported a 9.19pc increase in despatches in October 2019, as 4.984 million tonnes of cement despatched during the...
FBR to tighten noose around ‘tax-evading sectors’
ISLAMABAD: In an effort to meet the conditions of the International Monetary Fund (IMF), the Federal Board of Revenue (FBR) is all set...
Trade deficit falls by 33.5pc in four months FY20
Pakistan's trade deficit decreased significantly by 33.5pc during the first four months of the fiscal year 2019-20, a commerce ministry report revealed...
Telenor Pakistan partners with Engro’s Enfrashare for infrastructure development
ISLAMABAD: Enfrashare Pakistan Private Limited, a connectivity infrastructure company, and Telenor Pakistan have entered into a long-term partnership for the development of connectivity...
Trade talks in balance at Southeast Asian leaders summit
BANGKOK: Plans to finalise an Asia-wide trade deal at a summit in Bangkok this weekend were uncertain after new demands raised by...
Imports from India plunge 39.47pc in 1QFY20
ISLAMABAD: Pakistan's imports from India dropped by 39.47pc during the first quarter of the current financial year (FY19-20), following the dip in...
Provinces directed to ensure lowest prices for edible items
ISLAMABAD: Prime Minister Imran Khan on Saturday directed the provincial governments to ensure the availability of edible items at the lowest possible prices.
Chairing...
PM reaffirms support for smart subsidy
Punjab govt mulls launching 'Kissan Card' programme to ensure 'targeted subsidy for small farmers'
Farmers having up to five acres of...
SECP issues rules for rehabilitation of sick industry
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP), with the approval of the federal government, has notified the Corporate Restructuring Companies Rules,...
Pakistan’s Airlift secures $12m in Series A financing
Airlift, a Pakistan-based decentralised mass transit system, has secured $12 million in Series A financing. The round was led by First Round...
‘SBP committed to streamlining its legal framework’
State Bank of Pakistan (SBP) Governor Dr Reza Baqir has said that the central bank would further strengthen its legal framework to...
Pak-China JWG stresses crop productivity, technology transfer
ISLAMABAD: The first meeting of the Pak-China Joint Working Group (JWG) on Agriculture has agreed to focus on the vertical increase in...