Car dealers to go on strike over exorbitant import duties

The car dealers of Lahore are mulling to hold a strike on The Mall if both the provincial and federal governments fail...

PM tells economic team to come up with out-of-the-box solutions

ISLAMABAD: Prime Minister Imran Khan has asked his economic team to come up with some unconventional and out-of-the-box solutions for economic uplift and...

Market Weekly: Rupee strengthens, PSX up 3.3pc

Positivity prevailed at the Pakistan Stock Exchange (PSX) in the outgoing week with the KSE-100 Index gaining 1,014 points or 3.3pc to...

ML-1 agreement likely to be signed in October: minister

LAHORE: Railways Minister Sheikh Rasheed Ahmed said on Saturday the agreement regarding the construction of the Main Line-1 (ML-1) was expected to be...

PIA increases number of flights to Saudi Arabia

Pakistan International Airlines (PIA) has announced to increase the number of flights to Saudi Arabia, a private media outlet reported. In a statement...

Programme to privatise 17 SOEs initiated: minister

KARACHI: Privatisation Minister and Privatization Commission Chairman Muhammadmian Soomro said on Friday the commission had initiated a programme for the privatisation of 17...

Pakistan to issue Sukuk, Eurobonds to raise over $1bn

ISLAMABAD: Pakistan has decided to raise over $1 billion from the international market through the issuance of Sukuk bonds in the next couple...

Remittances drop by $340m in two months FY20

ISLAMABAD: The overseas Pakistani workers remitted $3.73 billion during the first two months of the current fiscal year (2019-20), as compared to $4.07...

Govt committed to realising CPEC potential: minister

ISLAMABAD: Planning Minister Makhdoom Khusro Bakhtiar has said that the China-Pakistan Economic Corridor was a project of great national significance, which would...

AEDB reviews renewable energy policy draft

ISLAMABAD: The 45th board meeting of the Alternative Energy Development Board (AEDB) was held in Islamabad on Friday under the chairmanship of Power...

Govt to sell its stake in State Life Insurance Corp

Privatisation Minister Muhammadmian Soomro announced on Friday that the government would sell its share in the State Life Insurance Corporation, a private...

Pakistan must mobilise tax revenue to ensure development: IMF

International Monetary Fund (IMF) spokesperson Gerry Rice has said that Pakistan needs to mobilise domestic tax revenue to fund the "much needed"...

‘Pakistan faced with unprecedented economic difficulties’

KARACHI: President Dr Arif Alvi has said that the country's economy was going through historic difficulties as the incumbent government only inherited...

Stocks shed 65 points in range-bound trading

KARACHI: Unable to carry forward the winning momentum, the Pakistan Stock Exchange (PSX) ended the last session of the week in the red...

Multan-Sukkur Motorway opened to light traffic

The Multan-Sukkur Motorway has been opened to light traffic, Radio Pakistan reported on Friday. According to a statement issued by the Ministry of...