Toyota runs campaign against ‘own money’ premium on cars
Toyota is one of the first auto companies to move towards the eradication of premium or ‘own money’ after the government’s stance of declaring the practise illegal
Mini-budget supports exports, but increases fiscal consolidation challenges: Moody’s
It projected the deficit to widen to 6% of GDP in fiscal 2019 due to revenue growth possibly being below government forecasts, slower economic growth and the new revenue-based incentives
US, China launch high-level trade talks amid deep differences
WASHINGTON: The United States and China opened a pivotal round of high-level talks on Wednesday aimed at digging out from their months-long...
PM directs FBR to focus on ‘influential’ tax evaders, non-filers
PM Khan blames previous governments for ignoring the weaknesses in the country’s taxation system
ISLAMABAD:Â Prime Minister Imran Khan on Wednesday directed the...
Despite claims, govt unlikely to improve Pakistan’s EODB ranking
ISLAMABAD: Although Prime Minister Imran Khan has given the target of improving Pakistan’s ranking by around 36 points in the World Bank’s ease...
DFID chief lauds govt for stabilising macroeconomic imbalances
ISLAMABAD: UK's Department for International Development (DFID) Chief Economist Rachel Glennerster called on Finance Minister Asad Umar on Wednesday.
Glennerster appreciated the measures...
OGRA recommends cut in petrol, diesel prices
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has worked out new oil prices under the monthly fuel price mechanism and forwarded a...
Pakistan says curbing power sector debt, seeks energy investors
ISLAMABAD:Â Pakistan expects debt being built up within its troubled power sector to level off this year and start falling, its power minister...
Night navigation system launched at Port Qasim
Before this, the port was being used to get ships docked in the morning only
Night navigation system for the large vessels...
Govt striving hard to generate indigenous, affordable electricity: minister
Omar Ayub says new energy policy will focus on generating at least 20pc electricity from renewable resourcesÂ
ISLAMABAD:Â Power Division Minister Omar Ayub...
‘Govt envisions Pakistan among world’s top 50 economies in 5 years’
PM's advisor says govt working on simplifying the taxation system and visa regime for businessmen
BOI chief says dedicated business units...
Electronics industry grows 7.8pc in first quarter FY19
'Improvement in electricity supplies alongside an extended summer season drove the demand for the electronic goods'
ISLAMABAD:Â Continuing on its strong growth trajectory,...
Rs1.42bn released for Finance Division in seven months
Rs200m released for Gwadar Development Authority, Rs344.8m for Greater Karachi Sewerage Plant, Rs112.4m for Cadet College (Kharan)Â
ISLAMABAD:Â The government has released around Rs1.424 billion...
PSX ends flat amid volatility
KARACHI:Â The Pakistan Stock Exchange (PSX) witnessed another volatile session on Wednesday as the indices, after fluctuating in positive and negative zones, finally...
SBP to announce bi-monthly new monetary policy tomorrow
The bank had hiked policy rate by 150 basis points to 10pc in November last year Â
The State Bank of Pakistan (SBP) would...