Finance ministry dispels impression of ‘shrinking economy’
The Finance Division has described as "incorrect" the impression created in a section of the media that Pakistan's economy is shrinking.
In a...
Three-day ’11th Interiors Pakistan’ exhibition from Nov 22
ISLAMABAD: The Pakistan Furniture Council (PFC) on Friday announced to hold a three-day ‘11th Interiors Pakistan Expo-2019’ from November 22nd.
PFC Chief Executive...
Apple raises iPhone 11 production by about 10pc
Apple Inc has asked suppliers to increase production of its iPhone 11 models by up to 8 million units, or about 10pc,...
Metal exports surge 35.6pc; surgical goods up 24.5pc
ISLAMABAD: The export of base metals and articles from the country grew 35.62pc during the first two months of the current financial year...
KSE-100 gains 281 points as bourse remains bullish
KARACHI: Positive sentiments surrounded the Pakistan Stock Exchange (PSX) once again on Friday, as the indices, despite minor hiccups in the first half...
UAE to invest $5bn in Pakistan’s oil sector: report
ISLAMABAD: The United Arab Emirates (UAE) plans to invest $5 billion in an oil refinery project in Pakistan by the end of...
KP govt to provide grants for boosting tourism
ISLAMABAD: The tourism ministry of Khyber-Pakhtunkhwa (K-P) has drawn up a plan for providing grants in a bid to help locals set...
Senate committee grills FBR over smuggling, under invoicing of goods
ISLAMABAD: Senate Standing Committee on Commerce and Textile on Thursday headed by Senator Mirza Muhammad Afridi grilled Federal Board of Revenue’s (FBR)...
Govt working on setting up country’s first export, import bank
LAHORE: The Ministry of Finance, together with the Ministry of Commerce and the State Bank of Pakistan (SBP), is working to establish...
Cotton production sees drastic fall of 27 percent
KARACHI: Cotton arrivals in ginning factories fell 27 percent to 2.93 million bales till September 30 as pest attacks adversely affected production...
Country’s public debt projected to increase by 47 percent in five years
ISLAMABAD: The government on Thursday projected the country’s total public debt to increase by 47 percent in five years to Rs45.57 trillion...
PM’s adviser stresses need to unlock SME potential
ISLAMABAD: Adviser to Prime Minister on Commerce Abdul Razak Dawood said on Thursday that the 'Growth for Rural Advancement and Sustainable Progress (GRASP)'...
Amer Tufail appointed as SNGPL managing director
The Board of Directors of the Sui Northern Gas Pipeline Limited (SNGPL) has assigned the charge of managing director to Amer Tufail...
KSA restores full oil output after attacks, focused on Aramco IPO
MOSCOW: Saudi Arabia has fully restored oil output after attacks on its facilities last month and is now focused on the listing of...
Omar Ayub defends power tariff hike, slams PML-N for flawed policies
ISLAMABAD: Power Minister Omar Ayub Khan said on Thursday that the recent hike in power tariff would have no bearing on 75...