Italy-Pakistan Footwear Technological Centre inaugurated in Lahore
The governments of Pakistan and Italy, through the Pakistan Footwear Manufacturers Association, have inaugurated the Italy-Pakistan Footwear Technological Centre (IPFTC) in Lahore.
The establishment of...
Punjab govt spent hefty amount for increasing yields: DC
SIALKOT: Sialkot Deputy Commissioner Dr Farrukh Naveed said on Wednesday the Punjab government had spent billions of rupees under various schemes to provide guidance,...
Govt spent $7 billion to keep rupee overvalued against the U.S dollar
ISLAMABAD: A member of the Economic Advisory Council (EAC) has said the government spent $7 billion in last few years to keep the rupee...
Atlas Autos to invest $20m in DID assembly plant
With the new DID assembly plant, Honda bikes will further be localized and will help in reducing the country’s mounting import bill
EDB, NTC consult steel industry for tariff rationalisation
ISLAMABAD: As anomalies in the existing tariff regime are badly affecting the steel industry, the Engineering Development Board (EDB) and the National Tariff Commission...
Budget money was being unlawfully transferred to non-lapsable accounts: PAC
ISLAMABAD: The Public Accounts Committee (PAC) made a starling discovery on Wednesday that the ministries with collusion of finance secretary were unlawfully transferring budget...
Stocks bleed 882 points as political noise amplifies
KARACHI: Pakistan Stock Exchange (PSX) witnessed bloodbath on Thursday, as investors resorted to panic selling due to political uncertainty caused by unexpected Senate results.
“The...
‘World less equipped to manage major financial crisis’, former IMF chief’s dire warning
Populism everywhere is the direct outcome of the 2008 financial crisis
The world is less well equipped to manage a major financial crisis today than...
Painful structural adjustments on macro weaknesses await next government
LAHORE: Structural weakness in Pakistan’s trade account deficit that has swelled commodity prices again, poses critical challenges which cannot be managed by the new...
IMF putting Pakistan on path to recovery, says SBP governor
ISLAMABAD: State Bank of Pakistan (SBP) Governor Dr Reza Baqir said on Tuesday that the International Monetary Fund (IMF) was the government's partner in...
NA committee recommends tax exemption for ZTBL farmers
ISLAMABAD:Â The National Assembly Standing Committee on Finance, Revenue and Economic Affairs has recommended income tax exemption to Zarai Taraqiati Bank Limited (ZTBL) on agricultural...
Ministry of Planning proposes development projects worth Rs1.3 trillion in next budget
ISLAMABAD: While the Ministry of Finance (MoF) is unlikely to reconsider its decision to cut the development budget to Rs750 billion in the next...
APTMA suggests imposition of 200pc duty on Indian products
ISLAMABAD:Â Following the imposition of 200pc duty by India on all items exported from Pakistan, the All Pakistan Textile Mills Association (APTMA) has suggested Advisor...
Suzuki Motors likely to invest $450m in Pakistan
KARACHI: Suzuki Motor Corporation (SMC) Chairman Osamu Suzuki on Tuesday expressed his interest to invest $450 million in setting up another production plant in...
Telecoms praise Anusha for tax relief in budget 2017-18
ISLAMABAD
Cellular companies operating in the country have thanked Minister of State for Information Technology and Telecommunication Anusha Rehman for making concerted efforts to promote...
