Minister stresses need for technological advancements in Pakistan

ISLAMABAD: Information Minister Chaudhary Fawad Hussain has expressed confidence that China and Pakistan together will emerge as leading players in the field of...

Gas tariff likely to increase by 75-80pc, says OGRA chief

The Oil and Gas Regulatory Authority (OGRA) chairperson has said that the hike in gas price was inevitable and an increase of...

‘Transmission system being improved to meet electricity demand this summer’

ISLAMABAD: Power Minister Omar Ayub Khan has said that transmission system is being improved to meet electricity demand in the summer season. In an...

Dubai Expo 2020 to give $33bn boost to UAE economy

DUBAI: Dubai's Expo 2020 global trade fair is expected to give the United Arab Emirates an economic boost of over $33 billion, consultants...

Pakistan to avail $6-8bn IMF package, says Asad Umar

IMF delegation to visit Islamabad before end of April to continue discussions on bailout package Finance minister says World Bank to...

China Silk Road Group takes keen interest in PM’s housing project

The company offers to set up a plant for pre-fabricated housing structures in Pakistan ISLAMABAD: China Silk Road Group has expressed a keen...

Ready when you are, EU tells US on trade talks

BRUSSELS: The European Union is ready to starts talks on a trade agreement with the United States and could conclude a deal before...

CDWP recommends three projects worth Rs209bn to ECNEC

Projects include Rs45.9bn transmission line between Pakistan and Tajikistan, Rs85.9bn Balakot Hydropower Project and Rs77bn Karachi BRT Project ISLAMABAD: The Central Development Working...

PR to facilitate local automotive industry in procurement of parts

Railways minister says until and unless businessmen come to the forefront, economic challenges cannot be addressed ISLAMABAD: Railways Minister Sheikh Rasheed Ahmed has...

PSX turns green as investors remain upbeat on IMF package

KARACHI: Optimistic sentiments continued to surround the Pakistan Stock Exchange (PSX) on the first trading session of the week, as the indices, after...

Too many travelers, too few planes is US airlines’ 737 MAX summer dilemma

CHICAGO: Normally US airlines compete to sell tickets and fill seats during the peak summer travel season. But operators of the grounded...

TEXPO attracts $600mn export orders

LAHORE: Pakistan's biggest textile exhibition at the government level, TEXPO-2019, has attracted $600 million trade through export orders by foreign buyers, claimed...

NFC suggested assigning collection of sales tax on goods to provinces

ISLAMABAD: In a move to harmonize tax system the National Finance Commission (NFC) has been suggested to assign collection of sales tax...

FATF asks Pakistan to document, regulate gold markets

The Financial Action Task Force (FATF) has asked Pakistan to track, document, and regulate all gold markets in a bid to crackdown...

 Tax amnesty scheme final chance to regulate properties, assets

ISLAMABAD: The upcoming tax amnesty scheme would be the last chance for tax-evaders to declare their properties and assets and avoid any legal...