‘Govt striving to transform Pakistan into an investment-driven economy’
ISLAMABAD: The government is striving to shift the country's economy from a consumption-driven to an investment-driven economy, said Adviser to Prime Minister on...
ECC allows 150MW additional power supply to Karachi
Committee approves Rs1.8bn power subsidy for tribal districts
ISLAMABAD: The Economic Coordination Committee (ECC) on Wednesday allowed an additional supply of 150MW power...
Tractor manufacturers urge govt to abolish GST on imports
'There is no point in paying sales tax directly to govt in a given month and subsequently claim refund in the...
No easy options for China as trade war, US pressure bite
BEIJING: China is running out of options to hit back at the United States without hurting its own interests, as Washington intensifies...
PSX breaks losing streak, closes 406 points higher
Following the completion of drilling process at Kekra-1, the oil and gas exploration sector gained 3.57pc in its cumulative market capitalisation
KARACHI: Putting...
PTI led amnesty scheme divides the business community
LAHORE: The businessmen in Punjab seem to be divided over the first tax amnesty scheme announced by the Pakistan Tehreek-e-Insaf (PTI) government.
While...
Huawei in bid to grow enterprise business amid scrutiny on key telecoms segment
Alibaba Group is the largest cloud service provider in China with nearly 43 percent of the market, followed by Tencent Cloud, according to IDC.
Oil prices ease on surprise rise in U.S. stockpiles, but Middle East tensions support
Brent crude futures were at $70.90 a barrel at 0100 GMT, down 34 cents, or 0.5%, from their last close. Brent closed up 1.4% on Tuesday.
Asia stocks bounce from three-and-a-half month lows as trade fears soften
U.S. crude inventories rose by 8.6 million barrels in the week to May 10 to 477.8 million, compared with analysts’ expectations for a decrease of 800,000 barrels.
Rupee stands it ground, appreciates 87 paisa against GBP
Within the open market, the Pakistani rupee was traded at 142.60/144 against the USD.
Govt urged to pay Rs20.67bn subsidy claim to fertiliser industry
FMPAC urges govt to immediately settle all pending subsidy claims in upcoming budget
ISLAMABAD: The fertiliser industry has requested the government to...
OGDCL discovers gas, condensate in Sindh
ISLAMABAD: The Oil & Gas Development Company Limited (OGDCL) has discovered gas and condensate oil from its exploratory-cum-appraisal well ‘Mangrio–1’ in Nim Block,...
MRI aims to boost Pakistan’s mango exports
MULTAN: The Mango Research Institute (MRI) in Multan is leading several initiatives aimed at helping mango growers increase the yield and improve the...
China, UAE and Singapore among top exporters to Pakistan
ISLAMABAD: China remained the top source of import for Pakistan during the first eight months of the current fiscal year (FY19), followed by...
Pakistani delegation departs for China to attend FATF meeting
Pakistani delegation under Finance Secretary Younus Dagha left for China on Tuesday to attend a session of the Financial Action Task Force,...