Mobile internet service restored in Bajaur

BAJAUR: Mobile internet service was formally restored in Bajaur district on Monday. According to details, mobile internet facility, 2-G and 3-G were restored in...

Govt fails to increase revenue collection, address power sector woes

'Revenue shortfall could reach Rs485bn this year, the highest under any govt' ISLAMABAD: As the International Monetary Fund (IMF) mission chief to Pakistan...

Customs officials ‘facilitating’ their high ups in Rs933m Faisalabad dry port scam

ISLAMABAD: The Pakistan Customs officers are allegedly trying to save their high ups in the Rs933 million Faisalabad dry port scam. As per the...

Bailout agreement with IMF to be reached soon: Asad Umar

'PTI govt only had 15 days of reserves left when it came to power', finance minister laments ISLAMABAD: Finance Minister Asad Umar said...

BOI committed to improving Pakistan’s EODB ranking

Official says Pakistan will be ranked among top 100 countries by the time World Bank releases its next EODB rankings ISLAMABAD: The Board...

Pakistan receives $2.2bn under Chinese loan arrangement

The State Bank of Pakistan (SBP) on Monday announced that it had received RMB15 billion – equivalent to $2.2 billion – as...

SBP report stresses investments in human capital, technology

'Monetary tightening along with exchange rate adjustments, reduction in development expenditures of federal govt and regulatory measures helped contain domestic demand' KARACHI: The...

PSX sheds 403 points amid low turnover

Market participation decreased by 33pc, from 54.20m shares in the previous session to 36.49m shares KARACHI: The Pakistan Stock Exchange (PSX) witnessed a...

Export of transport services falls 25.4pc in seven months FY19

ISLAMABAD: The export of various transport services generated a revenue of $425.639 million during the first seven months of the current fiscal year...

Underutilisation of PGPC’s LNG terminal may cost govt $40m in 2019

ISLAMABAD: Pakistan LNG Terminal Limited (PLTL) has said that the gas consumers would have to pay an additional amount of approximately $40 million...

China can speed up financial sector opening, official says

BEIJING: China can speed up the opening of its financial sector if the United States is unhappy with the pace because it will...

Italy endorses China’s Belt and Road plan in first for a G7 nation

ROME: Italy endorsed China’s “Belt and Road” infrastructure project on Saturday, the first Group of Seven (G7) industrialized power to do so, as...

‘Issuance, payment of promissory notes expected next month’

FBR chairman says the system will take its own course if people fail to fulfill their tax obligations FAISALABAD: Federal Board of Revenue...

Cement exports rise 52pc in eight months FY19

KARACHI: Cement exports during the first eight months of the current fiscal year (from July 2018 to Feb 2019) registered a growth of...

Proton officially enters Pakistani car market

ISLAMABAD: The joint venture between Malaysia's Proton and Pakistan's Al-Haj Group has been the centrepiece among a series of agreements signed between Pakistan...