‘Islamabad SEZ facing delay owing to non-availability of land’

ISLAMABAD: The development of a special economic zone (SEZ) in the federal capital is facing a delay owing to the non-availability of the required...

SBP issues concessionary financing facility for special persons

KARACHI: The State Bank of Pakistan (SBP) has issued a concessionary small enterprise financing and credit guarantee facility for special persons. SBP Governor Tariq...

No delay in transfer of resources from centre to provinces, MoF clarifies

'During the last eight months, an amount of Rs312.2bn has been provided to Sindh as part of its share in the...

FBR clarifies Benami property parameters

ISLAMABAD: After the implementation of Benami Transactions (Prohibition) Rules-2019, the Federal Board of Revenue (FBR) has clarified that a 'Benami' property means any...

Thar coal plant starts electricity generation

EPTL tests and energizes the first unit of 330MW of the combined 660MW power plant – located in Thar Block II KARACHI: It...

ADB approves $9m financing for KP projects

ISLAMABAD: The Asian Development Bank (ADB) has approved $9 million in project readiness financing (PRF) to support the preparation and design of urban...

Thar coal plant starts electricity generation

EPTL tests and energizes the first unit of 330MW of the combined 660MW power plant – located in Thar Block II KARACHI: It...

PSX fails to sustain gains, ends 239 points lower

KARACHI: After a positive start to the week, the Pakistan Stock Exchange was once again in the red zone, as indices failed to...

Unnecessary capital market regulations impeding growth: Asad Umar

KARACHI: The Pakistan Economic Forum 2019 was held on Monday in Karachi. The annual event was organized by Bloomberg with a purpose to...

‘WAPDA will import electricity from Tajikistan to overcome shortfall’

HARIPUR: Federal Water and Power Minister Omer Ayub Khan said on Monday that the Water and Power Development Authority (WAPDA) would import electricity...

Tajikistan intends to enhance trade volume with Pakistan

Pakistan businessmen urged to focus on Tajikistan in order to get easy access to the huge market of Central Asia LAHORE: Investors and...

PM’s efforts for economic revival lauded

A World Bank (WB) delegation called on Prime Minister Imran Khan and expressed its satisfaction over the Pakistan Tehreek-e-Insaf (PTI) government's economic...

BOI chief discusses investment opportunities with ABD delegation

'At least five multinational hospitality chains are in negotiations with BOI with their investment plans' ISLAMABAD: Asian Development Bank's Central West Asia Development...

’20 more trains to be launched within six months’

LAHORE: Railways Minister Sheikh Rasheed Ahmad on Monday announced to add 20 more trains in the fleet of Pakistan Railways within six months. Addressing...

Poor governance threatens Pakistan’s macroeconomic stability: WB

WB report titled 'Pakistan@100: Shaping the Future' says fiscal challenges partly due to weak governance 'Failure to implement tax reforms, misalignment...