Govt to announce fish policy soon: Minister
ISLAMABAD: Federal Minister for National Food Security and Research, Sahibzada Muhammad Mehmood Sultan on Wednesday said the government would soon announce a...
Directorate against benami properties files one reference in three months
The Directorate General Anti-Benami Initiative (DGABI) has filed only one reference against benami property out of 183 investigations in the three months...
UBL profit jumps 46 percent to Rs14.22 billion
KARACHI: United Bank Limited’s (UBL) profit increased 46 percent to Rs14.220 billion for the nine months period ended September 30, 2019, translating...
Rs160.5bn PSDP disbursement approved for social uplift projects
ISLAMABAD: The Ministry of Planning, Development and Reform has so far authorised the release of more than Rs160.586 billion for various ongoing...
Karachi sees 32 percent jump in tax collection in first quarter
KARACHI: Regional Tax Office (RTO)-II Karachi posted 32 percent jump in revenue collection to Rs26.43 billion in the first quarter of the...
ZIC Lubricants issued notice over anti-competitive practices
ISLAMABAD: The Competition Commission of Pakistan has issued a show-cause notice to Hi-Tech Blending (Pvt) Ltd, the importer of ZIC Lubricants (Korea),...
Trump says likely won’t sign China trade deal until he meets with Xi
WASHINGTON: US President Donald Trump on Wednesday said he likely would not sign any trade deal with China until he meets with...
SECP proposes amendments to public offering regulations
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has proposed certain amendments in the Public Offering Regulations, 2017, to seek public comments.
The...
Pakistan’s debt to surge to over 78pc of GDP: IMF
The International Monetary Fund (IMF) on Wednesday has said Pakistan’s public debt may rise this year to 78.6pc of the total size...
Committee formed to probe irregularities in IESCO
ISLAMABAD: After receiving a large number of complaints, the Ministry of Energy (Power Division) secretary has constituted a four-member committee to probe...
Uniform rate for kinnow to jeopardise exports: PFVA
ISLAMABAD: The Punjab government (Sargodha Division), while abolishing the classification of Kinnow as per its quality, has fixed a uniform rate of Rs1,000...
PM irked as ministries fail to comply with cabinet’s directives
ISLAMABAD: Certain ministries and divisions have been allegedly turning a deaf ear to the important directives of the federal cabinet and in this...
Oil rises on hopes OPEC will extend supply cuts
HOUSTON: Oil rose above $59 a barrel on Wednesday, gaining support due to signs that OPEC and allied producers will make further...
Pakistan, Egypt form joint working group on trade
ISLAMABAD: The Ministry of Commerce organised a Pakistan-Egypt Trade Conference in Islamabad. It was the first of a series of such conferences planned...
PTCL posts double-digit growth in net revenue
Pakistan Telecommunication Company Limited (PTCL) on Wednesday announced its financial results for the first nine months of 2019.
PTCL's revenue for the nine...