PM reiterates resolve for peaceful Afghanistan at launch of two-day trade seminar
ISLAMABAD: Prime Minister (PM) Imran Khan on Monday termed Afghanistan a natural trade partner of Pakistan, adding that the latter was committed...
10 new IPOs at PSX on the cards: Asad Umar
ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives, Asad Umar has said that a record 10 new IPOs are also being...
Asad Umar hints at gas curtailment for industries this winter
HYDERABAD: Planning, Development and Special Initiatives Minister Asad Umar, while hinting at the curtailment of gas supply to industries in the coming...
FATF keeps Pakistan on grey list
The Financial Action Task Force (FATF) has decided to keep Pakistan on its grey list until February 2021 despite complying successfully with...
PM Imran directs banks to facilitate the poor in availing loans
ISLAMABAD: Prime Minister Imran Khan, while chairing a meeting of the National Coordination Committee on Housing, Construction, and Development on Thursday, emphasised...
Pakistan registers current account surplus for third straight month
'Continued buoyancy in remittances and a broad-based rebound in exports drove current account surplus in September'
Govt set to introduce new law to fast-track CPEC projects
The draft law proposes abolishment of CEO position for CPEC Authority, reduction in the powers of CPEC Authority chairman in decision making, and an end to the authority’s powers to constitute a business council
PTI govt to end subsidies worth billions
ISLAMABAD: The Pakistan Tehreek Insaf (PTI) government has decided to end subsidies worth billions of rupees during this year.
Sources privy to the...
AGP’s report shows tax ‘evasions’ of Rs166bn during FY19
The Auditor General of Pakistan (AGP) on Sunday presented its report pointing out variations to the tune of Rs166.055 billion in tax...
PM Imran inaugurates Pakistan’s first stent production facility
ISLAMABAD: Prime Minister Imran Khan on Friday inaugurated a mega stent production facility at the National University of Science and Technology (NUST)...
Pakistan, World Bank sign $1.15bn accords for clean energy projects in KP
ISLAMABAD: Pakistan and the World Bank on Thursday signed two agreements related to renewable energy and hydropower projects, worth $1,150 million, in Khyber...
Cabinet approves enactment of EXIM Bank of Pakistan Act 2020
ISLAMABAD: The federal cabinet on Tuesday gave an approval for enactment of the Export-Import Bank of Pakistan Act, 2020.
According to sources, the...
Pakistan, ITFC sign $386m agreement for import of oil, LNG
ISLAMABAD: Pakistan has signed a financing agreement amounting to $386 million with the International Islamic Trade Finance Corporation (ITFC), a subsidiary of...
Foreign remittances top $2bn for fourth month
KARACHI: Remittances from Pakistani workers employed abroad increased to $2.3 billion in September, a 31.2pc rise Year-on-Year (YoY) and up 9pc compared...
No change in existing permissions under forex regulations: SBP
KARACHI: The State Bank of Pakistan (SBP) on Sunday issued both a clarification and a lengthy ‘frequently asked questions (FAQs)’, in response...