PM Imran seeks stronger trade ties with Iran

TEHRAN: Prime Minister Imran Khan said on Monday that it was time for both Pakistan and Iran to chalk out ways to enhance...

PSO posts Rs5.9bn profit after tax in nine months FY19

Pakistan State Oil (PSO), the leading oil marketing company of Pakistan, recently convened its board of management (BoM) meeting to review the...

Dr Hafeez Shaikh ‘ineligible’ to chair NFC meeting, present next budget

Under the constitution, only a minister can head a constitutional body or present the fiscal budget in the assembly ISLAMABAD: Since the government...

Govt, ITFC sign $551m loan agreement for import of oil, LNG

ISLAMABAD: Adviser to Prime Minister on Finance, Revenue and Economic Affairs Dr Abdul Hafeez Shaikh witnessed the signing of a loan agreement...

POL production falls 5.5pc in eight months FY19

ISLAMABAD: The overall production of petroleum commodities witnessed a decline of 5.5 per cent during the first eight months of the current fiscal...

China to offer 90pc market access to Pakistani exporters: envoy

'In return, China only seeks 60pc market share in Pakistan' ISLAMABAD: Chinese Ambassador Yao Jing said on Monday that China is ready to...

Cabinet likely to issue policy directives for renewal of cellular mobile licences

ISLAMABAD: The federal cabinet is likely to give policy directive for the renewal of cellular mobile licences in its upcoming meeting, scheduled to...

Indus Motor jacks up car prices by up to Rs307,000

Indus Motor Company (IMC) has jacked up prices of various models by Rs65,000 –Rs307,000, effective from Saturday. After the revised price, the new...

Economic integration imperative for South Asia’s prosperity: SAARC

ISLAMABAD: SAARC Chamber of Commerce and Industry President Ruwan Edirisinghe said on Saturday said South Asia has tremendous trade potential, which needs to...

‘Govt striving to promote industrialisation, lure foreign investors’

Advisor to Prime Minister on Institutional Reforms Dr Ishrat Hussain said on Saturday that the government is offering a number of incentives...

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...