EU finance ministers eye simpler fiscal rules
HELSINKI: European Union finance ministers were holding the first discussion on Saturday about how to simplify the EU’s complex fiscal rules to help...
NBP employee accused of illegally transferring millions from depositors’ accounts
ISLAMABAD: An alleged corruption scandal has been unearthed in National Bank of Pakistan (NBP) in which a branch manager has transferred millions...
Govt releases Rs84 billion for projects under PSDP
ISLAMABAD: According to data compiled by the Ministry of Planning, Development and Reform, the federal government has released Rs 84.43 billion for...
Govt fails to put CPEC projects back on track in time
ISLAMABAD: The government has missed deadlines to put the delayed China-Pakistan Economic Corridor (CPEC) projects back on track despite the instructions given...
Sugar industry warned of export ban amid rising prices
The government on Friday warned sugar industry that if the commodity's price continues to show an increasing trend in the domestic market,...
17 SNGPL officers hold dual nationality despite SC’s orders
ISLAMABAD: Despite the Supreme Court’s decision, seventeen officers of Sui Northern Gas Pipelines Limited (SNGPL) are holding dual nationality, claimed a report...
Country’s first collateral management company to be operational by end of FY20
KARACHI: The country’s first collateral management company would be operational by the end of this fiscal year, a spokesperson of the Securities...
Cement exports rise, but domestic sales falter
KARACHI: Data released by the All Pakistan Cement Manufacturers Association (APCMA) shows a 5.5% decline in domestic sales during July-August, while exports...
Programme to privatise 17 SOEs initiated: minister
KARACHI: Privatisation Minister and Privatization Commission Chairman Muhammadmian Soomro said on Friday the commission had initiated a programme for the privatisation of 17...
Pakistan to issue Sukuk, Eurobonds to raise over $1bn
ISLAMABAD: Pakistan has decided to raise over $1 billion from the international market through the issuance of Sukuk bonds in the next couple...
IESCO billing fraud irks Senate body
ISLAMABAD: The Senate's Standing Committee on Power has expressed serious annoyance over heavy billing fraud in the Islamabad Electric Supply Company (IESCO).
The Senate...
Remittances drop by $340m in two months FY20
ISLAMABAD: The overseas Pakistani workers remitted $3.73 billion during the first two months of the current fiscal year (2019-20), as compared to $4.07...
Bookings for Kia Picanto from next week
After introducing two of its vehicles in the Pakistani market, Kia Lucky Motors is all set to launch Kia Picanto for its...
Govt committed to realising CPEC potential: minister
ISLAMABAD: Planning Minister Makhdoom Khusro Bakhtiar has said that the China-Pakistan Economic Corridor was a project of great national significance, which would...
LUMS conducts seminar on battery electric vehicles
The Lahore University of Management Sciences recently organized a seminar for the stakeholders of battery electric vehicles (BEVs).
The seminar, held at the...