PSO losses, relending policy and TAPI on ECC meeting agenda

ISLAMABAD: The Economic Coordination Committee (ECC) would meet today (Wednesday) to take up an 11-point agenda, including the constitution of a 'price...

DRAP bars unlicenced companies from making sanitisers

The Drugs Regulatory Authority of Pakistan has said that the manufacturers with valid drug manufacturing licence (DML) or valid enlistment certificates (Form-6)...

Govt set to take sugar cartels by the horns

–Firdous says CCP will be reformed to counter cartelisation in sugar industry, artificial food crisis –Says govt mulling sugar export after ‘bumper sugarcane...

PTI govt’s debt surges Rs9.2tr to Rs33.4tr

ISLAMABAD: A whopping increase of Rs9,209 billion has been witnessed in government debt during the first 20 months of the Pakistan Tehreek...

PM constitutes committee as telcos demand tax cuts

ISLAMABAD: Prime Minister Imran Khan has constituted a high-level committee to facilitate the telecommunication sector, which wants a reduction in taxes to...

MoF releases Rs10bn for Utility Stores Corporation

ISLAMABAD: The Ministry of Finance has released Rs10 billion for Utility Stores Corporation (USC) as part of the government scheme to protect...

SECP receives ISO certification for infotech security

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has received the security standard certification ISO/IEC 27001 for its Information Security Management...

Is there a silver lining to Pakistan’s external account situation?

International trade has come to a standstill owing to the outbreak of coronavirus and the subsequent lockdown measures taken worldwide to tackle...

Bullish trend prevails as KSE-100 recovers 652 points

KARACHI: Bulls of the Pakistan Stock Exchange (PSX) managed to recover some losses accumulated in the last session, with the benchmark KSE-100...

Sugar policy: Ministry seeks proposals from provinces, PSMA 

The federal government has started work on first-ever sugar policy in order to streamline the sector.  The informed sources said that the Ministry...

Saudi employers given green light to cut wages,  working hours

JEDDAH: In a major development, private-sector employers in Saudi Arabia whose businesses have been affected by the coronavirus pandemic have been told...

Cabinet may exempt PM’s COVID-19 relief fund from income tax

ISLAMABAD: Amidst the outbeak of coronavirus in the country, the federal cabinet is likely to exempt the 'Prime Minister's COVID-19 Pandemic Relief...

SNGPL allows domestic consumers to pay March bill in instalments

In the wake of coronavirus outbreak in the country and in line with the directive of the federal government, Sui Northern Gas...

Electric vehicle policy to be revised after tussle between two ministries

ISLAMABAD: Following a meeting of the ‘Special Committee on Electric Vehicle (EV) Policy’, the concerned ministries and institutions have agreed to revise...

Vegetable exports surge 71pc to $236m

ISLAMABAD: Vegetable exports from the country during the first eight months of current financial year witnessed an increase of about 71.8pc as...