Chinese assistance in Pakistan’s development lauded
ISLAMABAD: Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh said that the China Pakistan Economic Corridor (CPEC) was one...
KSE-100 gains 252 points amid volatile trading
ISLAMABAD: It was a short but eventful session at the Pakistan Stock Exchange (PSX) on Friday, as the indices swung in both directions...
JS Investment completes buy back of 18 million shares; CDC notifies cancellation
JS Investments Limited has completed the buy-back of 18,397,562 of its shares amounting to over Rs331 million at the price of Rs18...
Cabinet Division puts end to rift over E-vehicle policy
ISLAMABAD: The Cabinet Division has put an end to the rift between ministries of climate change and industries and production over a...
Telenor and Malaysia’s Axiata call off merger
Norway’s Telenor and Malaysia’s Axiata Group have ended talks about creating a telecoms joint venture with nearly 300 million customers across South Asia...
Axle load reduction will cost Rs450 bn in freight costs monthly: Employers’ Federation of Pakistan
The chairman of the Economic Council of Employers’ Federation of Pakistan (EFP-EC), Mr. Ismail Suttar, endorsed the government's decision to put a...
Termination of Rs40,000 bond leads to documentation of Rs177bn
KARACHI: The government has successfully documented around Rs177 billion since the termination of Rs40,000 denomination prize bonds, claimed a report in The...
Govt pumping Rs250bn in agri sector; hoping for over 3pc growth
ISLAMABAD: The government is hoping for more than three percent growth in agriculture for the current fiscal year as it is pumping...
Pakistan needs structure to increase IT exports
KARACHI: Pakistan can increase its IT exports by a wide margin if it focuses on providing training to its youth on how...
Parliamentary committee rejects CPEC Authority
ISLAMABAD: The Parliamentary Committee on China Pakistan Economic Corridor (CPEC) has unanimously rejected the forming of CPEC Authority, squashing plans of the...
MoST’s failure to suspend ‘corrupt’ officials irks Senate body
ISLAMABAD: Senate Standing Committee on Science and Technology has shared a list of Ministry of Science and Technology (MoST) officials who are facing...
SBP reserves up $9m to $8,28bn
The foreign exchange reserves held by the State Bank of Pakistan increased 0.11pc on a weekly basis, according to data released by...
Pakistan’s forex reserves vulnerable to external threats: Moody’s
Pakistan's foreign exchange reserves continue to remain vulnerable of external pressures, while liquidity risks also remain high, said Moody’s in a periodic...
FBR officials directed to record all interactions during market visits
ISLAMABAD: Prime Minister Imran Khan on Thursday directed the Federal Board of Revenue (FBR) officials to ensure on-the-spot recording of all official interactions...
Govt committed to reviving sick textile units: Dawood
ISLAMABAD: Adviser to Prime Minister on Commerce Abdul Razak Dawood said on Thursday that the government was taking all possible measures to attract...