Punjab government unveils Rs1970.7b budget for FY 2017-18

Punjab Finance Minister Dr Ayesha Ghous Pasha on Friday presented Rs 1970.70 billion budget proposals, the largest in the history of the...

NEPRA grants license for 11.80MW hydel power plant in KP

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has granted the power generation licence to Pakhtunkhwa Energy Development Organization (PEDO) for its 11.80MW...

‘French investors keen to explore opportunities in Pakistan’

French Ambassador Marc Barety said that the French businessmen are willing to explore different sectors of Pakistan’s economy for investments. Talking to Senate’s...

PM launches Rs42.65bn interest-free loans, skill training scheme for poor

--‘Govt will divert all the money coming from the sale of Benami properties to anti-poverty initiative’ ISLAMABAD: Prime Minister Imran Khan Friday launched...

Chinese entities interested in providing IoT, financial and transportation solutions in Pakistan

Megvii Technology based in Beijing is seeking to enter the Pakistani market for developing apps and other software for transportation departments and one of its services can recognize vehicles’ number plates

Govt to facilitate local construction industries for economic revival

CAP requests planning minister to establish a Construction and Infrastructure Development Board  ISLAMABAD: Planning, Development and Reform Minister Makhdoom Khusro Bakhtiar has underlined...

‘Pakistan desirous of forging close trade ties with Africa’

ISLAMABAD: President Dr Arif Alvi said on Thursday Pakistan was desirous of forging close trade, commercial and investment ties with the African continent. Talking...

‘Reward for whistleblowers of Benami properties to be increased from 3 to 10pc’

ISLAMABAD: Prime Minister Imran Khan said on Friday that the reward money for the whistleblowers, helping the government authorities in the detection...

Following Volkswagen, Pakistan desires more investment from Germany

ISLAMABAD: Foreign Minister Makhdoom Shah Mahmood Qureshi on Thursday welcomed the German automaker Volkswagen’s decision to start manufacturing vehicles in Pakistan. He also invited...

Gwadar could likely become Pakistan’s version of Shenzhen

Chinese companies were doing much infrastructure construction work in Pakistan, and they had invested about $19 billion and participated in more than 20 major projects

British Airways desires to increase destinations in Pakistan: official

ISLAMABAD: British Airways Chief Commercial Officer Andrew Brian has expressed the desire to start the airline's operations in other cities of Pakistan after...

Govt released Rs638.9bn for development projects in FY19

ISLAMABAD: The federal government released Rs638.9 billion for various ongoing and new social sector uplift projects under its Public Sector Development Programme...

UK urged to help Pakistan tackle money laundering

LONDON: Information Minister Chaudhry Fawad Hussain urged the United Kingdom to work in collaboration with Pakistan to eliminate the scourge of money laundering. He...

Customs court directs recovery of Rs63m in evaded taxes

According to sources in the Customs, these three importers were regularly erroneously declaring the description of toys in the past to avoid payment of actual taxes on their imports

SECP extends assistance in PMYA youth uplift programmes

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has agreed to extend assistance to Prime Minister Youth Affairs Programme (PMYA) for the...