PM orders strict action against tax evaders, facilitators

PM Khan says tax evaders are enemies of the country and do not deserve leniency ISLAMABAD: Prime Minister Imran Khan on Tuesday directed...

Minister stresses need to promote olive cultivation in Pakistan

ISLAMABAD: National Food Security and Research Minister Sahibzada Mehboob Sultan said on Tuesday that promotion of olive cultivation would not only help Pakistan...

PSM’s ‘under investigation officials’ to be placed on ECL

ISLAMABAD: The Economic Coordination Committee (ECC) has directed the Ministry of Industries and Production to ensure placing the names of Pakistan Steel Mills...

SME financing by banking industry reaches historic level of Rs500bn

Growth in SME financing was more prominent in the last six months of 2018, wherein it registered an increase of 25pc ISLAMABAD:...

Stocks plunge 262 points amid political noise

KARACHI: Negative sentiments prevailed at the Pakistan Stock Exchange (PSX) once again on Tuesday, as the indices which opened in green failed to...

British supermarkets battle to secure stocks as chaotic Brexit looms

With no deal in sight as Britain’s March 29 exit date approaches, supermarkets are stockpiling, working on alternative supplies and testing new routes to cope with an expected logjam at the borders but say they face insurmountable barriers

New round of U.S.-China trade talks to begin in Washington on Tuesday

The talks are aimed at “achieving needed structural changes in China that affect trade between the United States and China

Indian cement importers ask Pakistani exporters to recall their shipments

The development comes amidst rising tensions between Pakistan and India after the Pulwama attack and the latter's decision to slap 200% duty on imports from Pakistan

Pakistan has steered itself out of financial crisis: SBP governor

Mr Bajwa said a plan had been formulated to banish the current account deficit and work in this regard was in progress

12th JMC meeting between Pakistan, UAE gets delayed

Pakistan has suggested signing an economic framework agreement to prioritize areas of cooperation, which is expected to be reached during the 12th JMC

Pakistan to receive $21 billion investment from Saudi Arabia over next five years

Saudi Fund of Pakistan is poised to invest $1 billion in five hydropower projects, including Diamer-Bhasha and Mohmand dams over the next two to three years

Saudi visit highlights Pakistan’s search for investment

The largest deal signed on Sunday, a $10 billion refinery to be developed in the port of Gwadar by Saudi Aramco, will take up to five years to develop. But smaller deals, including the acquisition of two liquefied natural gas plants, alternative energy projects and food and agriculture investments should bear fruit more quickly

‘Gwadar refinery to help Pakistan achieve autarky in petroleum sector’

ISLAMABAD: A state-of-the-art oil refinery and petrochemical complex, being established at Gwadar deep seaport with around $11 billion Saudi investment, would open new...

Foreign direct investment edges up 2.56pc in Jan

ISLAMABAD: The Foreign Direct Investment in Pakistan grew by 2.56 per cent to $132.2 million in January this year as compared to the...

Rs319.3bn released under PSDP 2018-19

ISLAMABAD: The federal government has released Rs319.3 billion against the total allocation of Rs675 billion under its Public Sector Development Programme (PSDP) 2018-19...