WEF president to arrive in Islamabad tomorrow
--This is the first visit of a World Economic Forum president to Pakistan in almost 20 years
Børge Brende, President of the...
KSE-100 closes flat amid volatile trading
KARACHI: Amidst volatile trading and thin market participation, the Pakistan Stock Exchange (PSX) closed Wednesday’s session flat. Foreign investors closed the previous...
Azhar relieved of Revenue Division portfolio, given economic affairs charge
--Sources say PM Imran changed the portfolio of Hammad Azhar owing to strong protest lodged by Dr Abdul Hafeez Shaikh
ISLAMABAD: A day...
Pakistan receives $991m as first tranche of IMF loan
KARACHI: Pakistan has received the first tranche of $991.4 million of the $6 billion from the International Monetary Fund (IMF) under its...
Govt envisions increasing rice exports to $5bn: Dawood
ISLAMABAD: Adviser to Prime Minister on Commerce Abdul Razaq Dawood said on Tuesday that the incumbent government has envisioned increasing rice exports...
Engro realises promise of indigenous power production for Pakistan
Engro Powergen Thar (Private) Limited (EPTL) –
a majority owned company of Engro Energy – and Sindh Engro Coal Mining Company
(SECMC) – a...
Fertiliser prices likely to increase by Rs100 per bag
‘Govt cannot take fertiliser as a standalone
case and if subsidy is given to one sector, others will demand the same too’
ISLAMABAD: As...
Promotion of regional trade among govt’s top priorities: BOI chief
ISLAMABAD: Zubair Gilani, the newly-appointed chairman of the Board of Investment (BOI), has expressed his resolve to uplift the board's status through...
Trump again attacks India, says tariffs ‘unacceptable’
WASHINGTON: US President Donald Trump on Tuesday fired a new Twitter salvo at India, accusing the giant Asian economy of unfairly blocking...
SECP refutes media reports; says no crackdown against companies ordered
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has strongly refuted media reports that the commission was taking action against companies...
No more schemes to whiten black money, IMF tells Pakistan
The International Monetary Fund (IMF) has stated that Pakistan would not hold another tax amnesty scheme or an asset declaration scheme in...
Govt urged to introduce soft taxation regime for real estate sector
LAHORE: The government must formulate special policies
and introduce a soft taxation regime for the country’s real estate sector.
This was the upshot of...
‘IMF to release $1bn tranche for Pakistan soon’
ISLAMABAD: The International Monetary Fund's mission chief for Pakistan has said that the IMF would release $1 billion tranche for Pakistan shortly....
‘FBR to form committee for redressal of business community’s woes’
--'No one will be allowed to harass the business community and if anybody dares to do so, he will be kicked out of...
Pakistan to get $10bn from ADB in five years
ISLAMABAD: The Asian Development Bank (ADB) has planned to support Pakistan with indicative lending of up to $10 billion for various development projects...