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...

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

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

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...

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

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

Deceased man buys cars, FBR on the move

A govt official allegedly purchased 32 vehicles in the name Sheikh Khalid, who died in 2016 ISLAMABAD: The tax department has initiated an...

National exchequer bears the brunt of flawed tobacco taxation policies

ISLAMABAD: The national exchequer has incurred a loss of approximately Rs153 billion in terms of revenue collection during 2016-2019, owing to the introduction...

China to invest $1.3tr in BRI states by 2027

'China has entered into an era of geo-economic relationship with Pakistan and it plans to boost two-way trade from $12bn to...

Market reacts positively as Hafeez Sheikh takes charge of finance ministry

'IMF will be more comfortable in discussing the next loan programme with Hafeez Sheikh' 'The new advisor has made it clear...

SECP expunges AML/CFT reporting requirements

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) said on Friday that it has rescinded the Anti-Money Laundering and Countering Financing of...

Business community urged to invest in aviation industry

'Close liaison between private sector and aviation industry will go a long way in strengthening the defence of Pakistan' ISLAMABAD: Former chief of...

PSX witnesses bullish trend, gains 480 points

KARACHI: After a slow start, the Pakistan Stock Exchange staged a massive rally to end the last trading session of the week in...

Food exports dip 2.4pc in nine months FY19

ISLAMABAD: The food exports from the country witnessed a negative growth of 2.4 per cent, as it went down to $3.34 billion during...

‘Completion of ML-I project will revolutionise Pakistan Railways’

ISLAMABAD: Pakistan and China will sign the preliminary design of ML-1 project during the upcoming visit of Prime Minister Imran Khan to Beijing. This...

‘Promotion of women entrepreneurship imperative for Pakistan’s prosperity’

ISLAMABAD: Former State Bank of Pakistan governor and Karandaaz Board Chairperson Dr Shamshad Akhtar said on Thursday that promotion of women entrepreneurship is...

PIA owes Rs96bn to Civil Aviation Authority, PAC body told

ISLAMABAD: The Civil Aviation Authority (CAA) on Thursday informed a sub-committee of Public Accounts Committee (PAC) that the Pakistan International Airlines (PIA) owed...