Bidding for QASPL privatisation delayed
ISLAMABAD: The Punjab government, amid the ongoing NAB investigation and audit objections by AGPR, has delayed the bidding process of Quaid-e-Azam Solar Power Ltd. (QASPL), while...
China vows to help uplift Pakistan’s economy
PM Khan says his party inherited a ‘very difficult economic situation’ coming into power
President Xi says he is willing to work with...
Italy to provide €20.5m for GB’s economic uplift
ISLAMABAD: Italy would provide €20.5 million to support economic transformation initiatives in Gilgit-Baltistan.
Economic Affairs Division Secretary Noor Ahmed and Ambassador of Italy in Pakistan Stefano...
Finance Minister, FBR urged to restore FTR regime for commercial importers
ISLAMABAD: Senior Vice President (SV) and Chairman of Budgetary Advisory Council of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Syed Mazhar...
Govt to ensure provision of electricity to SEZs
PM's adviser says incumbent regime aims to facilitate industrial relocation from China
ISLAMABAD: The federal government has decided to start the electrification process at...
Toyota runs campaign against ‘own money’ premium on cars
Toyota is one of the first auto companies to move towards the eradication of premium or ‘own money’ after the government’s stance of declaring the practise illegal
A third brokerage house scam unfolds as SECP tightens scrutiny
As a joint inspection team continues to monitor the operations of brokerage firms, a third scam has been unfolded within a couple of months...
Govt releases Rs98.83m for various power and water projects
Islamabad: Out of a total allocation of Rs162,583.333 million, the government has released Rs98,839.233 million under annual Public Sector Development Programme (PSDP) 2016/17 for...
PFMA increases flour price by Rs120 per 20kg bag
LAHORE: The Pakistan Flour Mills Association (PFMA) on Friday increased the price of 20kg flour bag by Rs120, from Rs805 to Rs925.
In addition, PFMA...
Supreme Court orders reopening of shopping malls across country
The Supreme Court of Pakistan on Monday ordered the reopening of shopping malls across the country.
A five-member bench of the Supreme Court headed by...
China expedites work on $1.7bn Matiari-Lahore transmission line
BEIJING: China has expedited its initial work on the Matiari-Lahore high-voltage direct transmission line project valued at $1.7 billion.
To kick off the project, a...
Remittances have been on the decline for some time. August’s data shows the trend hasn’t changed
Remittances in FY23 were down by $4.25 billion year-on-year. They have continued to decline in first two months of FY24. Are Pakistanis sending less money home?
PML-N’s rhetoric on POL prices was gambit to gain sympathies
Pakistan Muslim League-Nawaz (PML-N) government’s pronouncement to put aside the Petroleum Ministry and Oil and Gas Regulatory Authority’s (OGRA) advice regarding hike in oil...
Volkswagen could face recall of more cars over emissions: report
BERLIN: Germany’s Federal Motor Transport Authority (KBA) is considering recalling more Volkswagen cars due to its emissions scandal, the Bild am Sonntag newspaper reported...
Senate body urges NBP to promptly meet financing needs of sugar mills
KARACHI: Senate's Standing Committee on Finance and Economic Affairs has advised the National Bank of Pakistan (NBP) to promptly meet the financing requirements of sugar...
