‘Govt’s reforms to strengthen economy, boost investors’ confidence’
ISLAMABAD: Planning, Development & Reform Minister for Makhdoom Khusro Bakhtiar has said that the incumbent government's recent reform measures will strengthen the...
FBR proposes imposition of turnover tax in SEZs
ISLAMABAD: The Federal Board of Revenue (FBR) has proposed the imposition of a turnover tax on those investing in Special Economic Zones (SEZs),...
Engro suggests radical reforms to make fertiliser subsidy equitable
LAHORE: Engro Fertilizers has urged the government to focus on creating a smart, pointed subsidy system for fertilisers that would benefit agriculturists...
Stocks extend rally, KSE-100 ends 247 points higher
KARACHI: Investors of the Pakistan Stock Exchange (PSX) witnessed a positive trading session on Wednesday, as indices remained in the green zone...
EU urges Pakistan to produce competitive products
Ambassador of the European Union to Pakistan Androulla Kaminara has said that the EU and Pakistan could launch joint ventures in various...
Egyptian companies lauded for investing in Pakistan’s economy
ISLAMABAD: Board of Investment (BoI) Chairman Zubair Gilani said on Tuesday that Islamabad welcomed the interest shown by Egyptian companies to invest $1...
Govt mulls reducing sales tax from 17pc to 12pc, Senate body told
ISLAMABAD: A Federal Board of Revenue (FBR) official on Tuesday informed the Senate's Standing Committee on Commerce and Industry that the government...
‘Conspirators’ unhappy with Pakistan’s economic progress: PM
Prime Minister Imran Khan said on Tuesday that those who "cannot see Pakistan strengthening economically are busy conspiring" against the country.
Presiding over...
‘Groundbreaking of Rashakai economic zone next month’
ISLAMABAD: The meeting of the Pak-China Joint Working Group (JWG) on Industrial Cooperation was held via video conference on Tuesday.
The meeting was...
Govt likely to jack up power tariff by Rs2.97 per unit
ISLAMABAD: The Central Power Purchasing Agency (CPPA) has asked the National Electric Power Regulatory Authority (NEPRA) to jack up electricity price by Rs2.97...
KSE-100 gains 114 points amid range-bound trading
KARACHI: It was a slow day at the Pakistan Stock Exchange (PSX) where indices traded within a narrow range throughout the session amid...
Pakistan, Turkey agree to enhance cooperation in energy sector
ISLAMABAD: Ambassador of Turkey to Pakistan Ihsan Mustafa Yurdakul called on Power and Petroleum Minister Omar Ayub Khan on Tuesday to discuss matters...
Weekly inflation up 2.36pc
ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation for the week ending October 17, 2019, increased by 2.36pc as compared to the...
Govt’s efforts to ensure long-term benefits for businesses: MOF
ISLAMABAD: The Ministry of Finance has said that the government’s macroeconomic adjustment and demand management policies for stabilization have started making an...
Shanghai Electric to invest $4bn in Thar power plants
Shanghai Electric, a Chinese company, will invest $4 billion for the establishment of two more 1,320MW power plants at Thar Coal Block-I,...