Plastic imports decline 6.91pc in nine months FY19
ISLAMABAD: The import of plastic materials into the country during the first nine months of the current fiscal year has decreased by 6.91...
Offshore drilling near Karachi coast in final phase
Petroleum Minister Omar Ayub Khan on Saturday visited the site of the offshore drilling near the Karachi coast to review the pace...
‘Impossible’ to work on gas pipeline under US sanctions, Pakistan tells Iran
Pakistan has informed Iran in writing that it cannot execute the Iran-Pakistan gas pipeline project as long as Tehran is under the...
Railways to increase fares by up to 10pc
Minister says govt not privatising Pakistan Railways and 'those talking about it are talking nonsense'
ISLAMABAD: Pakistan Railways has decided to increase the fares...
Pak-IMF negotiations to continue for two more days
Negotiations between Pakistan and International Monetary Fund (IMF) remained inconclusive on Friday, as both sides decided to continue their discussions for two...
‘Govt striving to complete CPEC projects within set timelines’
ISLAMABAD: Planning, Development and Reform Minister Makhdoom Khusro Bakhtiar said on Friday that the incumbent government is committed to accelerating the progress of...
FBR chief refrains officials from freezing bank accounts without prior notice
'My aim is to document the undocumented economy, as doing that will automatically increase the tax base'
Federal Board of Revenue (FBR)...
Trump says no hurry to sign China deal as trade war escalates
WASHINGTON/BEIJING: US President Donald Trump said on Friday he was in no hurry to sign a trade deal with China as Washington imposed...
PowerChina mulls further investments in Pakistan
KARACHI: Pakistan is likely to become an energy sufficient country in coming three years, said PowerChina Resources Limited and Port Qasim Coal-Fired Power...
Eight-year-old interview comes back to bite new FBR chief
Shabbar Zaidi has been officially confirmed as the new chairman of the Federal Board of Revenue (FBR) on an "honorary and pro...
Pakistan growth to hit eight-year low as IMF bailout looms
National Accounts Committee has forecast a mere 3.3pc growth in the current fiscal year against a projected target of 6.2pc
KARACHI: Pakistan's growth...
Remittances grow 8.4pc to $17.9bn in 10 months
The total amount remitted by overseas Pakistanis during the first 10 months of the fiscal year 2018-19 reached $17.89 billion, as compared...
PIA losses surge to Rs416bn, Senate told
ISLAMABAD: Aviation Minister Ghulam Sarwar Khan on Friday informed the Senate that losses incurred by the Pakistan International Airlines (PIA) have surged to...
PSX sheds another 171 points as investors await economic clarity
KARACHI: The Pakistan Stock Exchange (PSX) continued with its downward trend on Friday, as indices kept shedding gains amid thin turnover. Putting an...
UK economy expands on Brexit stockpiling
LONDON: Britain's economy grew by 0.5pc in the first quarter, boosted by companies stockpiling ahead of Brexit, official data showed on Friday.
Gross domestic...