Indonesia announces unilateral concession on 20 tariff lines to Pakistan: Dawood
Abdul Razak Dawood said that the ministry of commerce had evolved a comprehensive national tariff policy, which would be presented before the Cabinet for approval on Thursday
Pepsi and Coca-Cola pouring $1.4 billion into Pakistan: government
Pepsi planned to make “a further investment of $1.2 billion” in next five years, Khan’s office said on Wednesday, after the company’s chief executive for Asia, Middle East and North Africa, Mike Spanos, led a Pepsi delegation that met Khan
Pakistan likely to pay back IMF before Chinese debt: U.S. Treasury official
David Malpass, the Treasury’s undersecretary for international affairs, told a U.S. Senate Foreign Relations subcommittee hearing that the Trump administration was pushing for more transparency in Chinese lending, including to Pakistan
Volkswagen’s entry to challenge dominance of Asian producers in Pakistan: Fitch Solutions
Fitch Solutions projected LCV sales in Pakistan to average annual growth of 8.7% over FY19-FY22, reaching a total of around 40,400 units by the end of FY22
Vopak to buy 44% stake in Elengy Terminal Pakistan
The acquisition will be done in separate transactions with International Finance Corp (IFC) and Engro Corp and will include a 29 percent share it had already said it would buy in July, the company said in a statement
ECC okays Rs200bn Islamic banks facility to settle circular debt
Committee decides using RLNG to avoid gas load-shedding during winter
ISLAMABAD: In a move to settle the ever-ballooning circular debt in the power...
$1.5 billion of foreign loans received during July-Oct FY19
During the first four months of FY19, China hasn’t provided any commercial facility and in FY18, FY17 it had given around $4.8 billion commercial loans, excluding SAFE deposits
FBR to employ experts to rein in tax evasion
The hiring of these individuals by FBR would be made under the World Bank-funded program, ‘strengthening tax system and building tax policy’.
ExxonMobil set for comeback in Pakistan after nearly three decades: Report
Mr Sayyed in a letter sent to the BoI stated ExxonMobil has been assessing its re-entrance into Pakistan since quite a while and has been assiduously hunting energy-related opportunities for past few years
IMF links Pakistan bailout talks to FATF gray list
As Pakistan and the International Monetary Fund (IMF) insisted that they will meet again in coming weeks, sources close to the negotiation...
Pak Suzuki mulling to set up second auto plant, manufacture additional 100,000 vehicles a year: report
Pak Suzuki Motors is planning to introduce four new cars and Suzuki Alto 660CC is expected to replace Mehran 800CC in April 2019.
Ministry of Science & Technology devising standards for automobile manufacturing in Pakistan
A recent report released by the Competition Commission of Pakistan (CCP) highlighted that there were no standards in existence in Pakistan for vehicle assembly and parts manufactured
PM approves social protection framework for vulnerable segments of society
Prime Minister Imran Khan on Sunday approved a social protection framework for the vulnerable segments of the society, ensuring that they were...
BoI to spearhead govt initiative to improve ease of doing business rank
ISLAMABAD: With less than 200 days for the country to improve its ranking at the World Bank’s ease of doing business index,...
FBR lambasted for troubling late filers, salaried class
PEW president says masses are frequently cheated by the authorities after they are encouraged to become filers
ISLAMABAD: The Pakistan Economy Watch (PEW)...