Proposed amnesty scheme to allow liquidation of foreign assets

ISLAMABAD: Foreign assets can be liquidated and repatriated to Pakistan if they are deposited into a bank account or invested in Pakistan Banao Certificate or...

PM Imran seeks stronger trade ties with Iran

TEHRAN: Prime Minister Imran Khan said on Monday that it was time for both Pakistan and Iran to chalk out ways to enhance their bilateral...

PSO posts Rs5.9bn profit after tax in nine months FY19

Pakistan State Oil (PSO), the leading oil marketing company of Pakistan, recently convened its board of management (BoM) meeting to review the company’s performance...

Dr Hafeez Shaikh ‘ineligible’ to chair NFC meeting, present next budget

Under the constitution, only a minister can head a constitutional body or present the fiscal budget in the assemblyISLAMABAD: Since the government has replaced...

Govt, ITFC sign $551m loan agreement for import of oil, LNG

ISLAMABAD: Adviser to Prime Minister on Finance, Revenue and Economic Affairs Dr Abdul Hafeez Shaikh witnessed the signing of a loan agreement amounting to...

POL production falls 5.5pc in eight months FY19

ISLAMABAD: The overall production of petroleum commodities witnessed a decline of 5.5 per cent during the first eight months of the current fiscal year (FY19)...

China to offer 90pc market access to Pakistani exporters: envoy

'In return, China only seeks 60pc market share in Pakistan'ISLAMABAD: Chinese Ambassador Yao Jing said on Monday that China is ready to give Pakistani...

Cabinet likely to issue policy directives for renewal of cellular mobile licences

ISLAMABAD: The federal cabinet is likely to give policy directive for the renewal of cellular mobile licences in its upcoming meeting, scheduled to be held...

Indus Motor jacks up car prices by up to Rs307,000

Indus Motor Company (IMC) has jacked up prices of various models by Rs65,000 –Rs307,000, effective from Saturday.After the revised price, the new rates of...

Economic integration imperative for South Asia’s prosperity: SAARC

ISLAMABAD: SAARC Chamber of Commerce and Industry President Ruwan Edirisinghe said on Saturday said South Asia has tremendous trade potential, which needs to be tapped...

‘Govt striving to promote industrialisation, lure foreign investors’

Advisor to Prime Minister on Institutional Reforms Dr Ishrat Hussain said on Saturday that the government is offering a number of incentives to entice...

Gwadar free zone being modelled after China’s Shekou Industrial Zone

BEIJING: Gwadar Port free zone would be modelled after the Shekou Industrial Zone in Shenzhen, China, comprising a port, an industrial park, and residential and...

Finance adviser meets PM, says talks with IMF to be expedited

Dr Hafeez Sheikh says budget to be announced not earlier than May 24Prime Minister Imran Khan on Saturday met newly-appointed Finance Adviser Dr...

Furniture manufacturers seek special incentives in upcoming budget

ISLAMABAD: Pakistan Furniture Council (PFC) Chief Executive Mian Kashif Ashfaq, on behalf of the furniture producers, presented a set of proposals for the upcoming Federal...

Tete-a-tete with Yao Jing, Chinese Ambassador to Pakistan

By Zaki Aijaz Qureshi, Ayoub Khawar, Rabia ZakiQuestion: Could you throw some light over your journey through life?Ambassador: I was born in the Eastern Province of...

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What on earth happened to TCS & can Saira Awan...

The pace of change can sometimes overtake even the best companies, including those that have achieved the coveted “verb status”. In most of urban...

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SC restores taxes on cellular top-up

CJP says apex court will not intervene in public revenue and tax collection propositionsISLAMABAD: The Supreme Court (SC) on Wednesday ordered the restoration of all...