PSO lands in trouble as default risk mounts
Non-payment may hamper jet fuel supplies to defence forces, commercial airlines
‘Here to stay’: FBR rejects rumours regarding Zaidi’s ouster
ISLAMABAD: The Federal Board of Revenue (FBR) on Saturday clarified that the FBR chairman’s office was not vacant.
In a clarification issued on...
Pakistan, Malaysia agree to enhance trade, investment ties
--'Both sides will encourage their respective chambers of commerce to undertake joint initiatives'
--'PIA will soon start a new direct flight from Lahore...
‘Imposition of Rs80bn arrears unjustified’, exporters complain to NA body
-- Power Division asked to take up tariff issue with ECC
-- Textile millers to observe strike on Feb 10 if issues remain...
Pakistan to buy more Malaysian palm oil after India’s withdrawal
KUALA LUMPUR: Pakistan will buy more palm oil from Malaysia, Prime Minister Imran Khan said on Tuesday, to try and compensate after top...
Govt exempts export-oriented units from regulatory duty
--ECC again defers decision to hike gas price, directs Petroleum Division to come up with a better alternative
--Committee approves creation of digital...
Textile policy likely to be approved on 15th
'Approval got delayed owing to PM's focus on sugar, wheat crises'
SC wants Punjab to shut down 56 govt companies
ISLAMABAD: The Punjab government has decided to shut down “unnecessary” companies opened during previous tenures.
Punjab Advocate General Sardar Ahmed Jamal Sukhera informed the...
IMF concerned over expected change of face in FBR
--Officials say 'change in FBR admin may further reduce revenue collection'
--IMF delegates not happy with delay in appointments of financial advisers for...
Finance ministry seeks to calm inflation fears
'Change of weather and better supply of vegetables should decrease price pressure'
FFC reduces urea price by Rs300 per bag
Fauji Fertiliser Company (FFC) has reduced its urea price by Rs300 per bag, effective from 28 January 2020.
"The benefit of cut in...
Record inflation takes toll on stock market; KSE-100 plunges 1,221 points
KARACHI: Investors of the Pakistan Stock Exchange (PSX) witnessed blood bath on the first trading session of the week, as the indices...
Inflation jumps to record 14.6pc
–Highest recorded inflation since PTI took office in August 2018
–Analysts say inflationary pressure will ease in few months
KARACHI: The inflation rate has...
After GIDC waiver, fertilizers reduce prices
ISLAMABAD: Engro Fertilizers has decided to fully pass on the benefit of the change in GIDC rates to consumers by reducing...
WB approves Pakistan’s review plea against $6bn Reko Diq fine
Pakistan’s petition for a review in the Reko Diq case, in which the country was slapped with a $6 billion fine, has...