PM urges nation to pay taxes to build Pakistan

ISLAMABAD: Prime Minister Imran Khan on Friday urged citizens to play their role in the country’s progress and development by paying due...

Centre, Sindh at loggerheads on procurement of wheat

ISLAMABAD: The federal and Sindh government is at loggerhead on procurement as well as releasing of wheat in the local market. Documents state...

No CokeFest this year as Coca-Cola pulls out of the event amid economic slowdown

Lahore: Coca-Cola Export Corporation (Pakistan) has pulled out as the title sponsor from CokeFest, the country’s premiere food festival, amid a market...

Rs27 billion disbursed to young entrepreneurs in six years

KARACHI: Banks disbursed Rs26.76 billion to small businesses and entrepreneurs in seven years, but access of youth entrepreneurs to credit is low...

Farmers demand relief as heatwave destroys crops

LAHORE: The government should write off loans, disburse financial or other assistance to farmers from the heatwave hit areas, demands Dr Zafar...

Pakistan floats tender to buy 5 LNG cargoes for January

LONDON: Pakistan issued a tender on Friday to buy five cargoes of liquefied natural gas (LNG) for delivery in January 2020, Pakistan...

Pakistan likely to miss debt reduction targets

ISLAMABAD: The government may miss its medium-term debt reduction targets due to current high public debt levels amid addition of $14 billion...

Shan foods denies Unilever acquisition rumours, leaves future open to speculation

Lahore: Shan foods has denied that they have been bought out by consumer goods giant Unilever, or that they are even in...

Chinese companies locating businesses in Pakistan: Razak Dawood

ISLAMABAD: Advisor to Prime Minister on Commerce, Investment, Industries and Textile, Abdul Razak Dawood on Thursday said that Chinese companies have started...

Islamic banking’s share in bank assets increases to 14.4 percent

ISLAMABAD: The share of Islamic Banking Institutions (IBIs) in banking sector’s asset increased to 14.4 percent during the first half of the...

Work on 1300MW power plant in Balochistan completed

The 1,320 megawatt (MW) power plant, located in Hub, Balochistan, reached its Commercial Operations Date (COD), announced in a joint statement by...

Mango exports decline as Iran dissatisfied with treatment standards

KARACHI: Pakistan’s mango exports to Iran showed no improvement this year as Iran largely rejected the hot water treatment standards followed in...

Petroleum Division wants Rs6.6 billion for LNG supply to SEZs

ISLAMABAD: The Petroleum Division has asked the government to release Rs6.6 billion through the Public Sector Development Programme (PSDP) for laying a...

Alternatives to biometric verification now available for overseas Pakistanis

KARACHI: The State Bank of Pakistan (SBP) has issued detailed instructions to facilitate overseas Pakistanis in order to access their bank accounts. Overseas...

PM Imran elated over WB’s Ease of Doing Business report

ISLAMABAD: Prime Minister Imran Khan on Thursday expressed satisfaction over Pakistan improving its position on the World Bank of Ease of Doing...