Govt withdraws exemption allowing K-Electric to import furnace oil

K-Electric is the only power producer having a constant usage of 4000-5000 tons per day consumption of furnace oil

IMF calls for further taxation measures to stabilize economy

Mr Umar admitted that there was a shortfall in revenue collections during the first five months of the current fiscal year owing to a reduction in petroleum prices and cell-phone card taxes

CPEC will continue fueling growth of Pakistan’s construction industry over next decade: Fitch Solutions

Improved transparency regarding CPEC projects will aid Pakistan’s efforts in the renegotiation of an IMF bailout, which if sanctioned could provide its struggling economy with much required economic relief, said Fitch Solutions

How to fix the Pakistani economy

Profit speaks to five of the nation’s top experts on what the government should do in order to get the economy humming again

How Pakistan can avoid the “Dutch Disease”

Should the country soon find itself awash in hydrocarbon wealth, how it chooses to manage that surplus will be critical

Talks between Pakistan, China for FTA to begin next month

ISLAMABAD: Federal Secretary for Trade, Younus Dagha has said that the talks between Pakistan and China for a Free Trade Agreement (FTA)...

PTI govt foregoes Rs125b to textile, fertilizer, power industries

---Previous govt had missed its actual GIDC collection target by an average 56pc ISLAMABAD: The incumbent government has forgone approximately Rs125 billion to...

Worrying statistics show continuous decline in exports to 18 countries

ISLAMABAD: Pakistan has witnessed a continuous decline in export to eighteen countries in the last five years, it has been learnt. Official documents reveal...

Amended finance bill to reduce cost of doing business: PEW

ISLAMABAD: The Pakistan Economy Watch (PEW) on Sunday said the recently amended finance bill will reduce the cost of doing business which...

Razak Dawood instrumental in shaping business-friendly mini-budget

ISLAMABAD: Unlike the previous ministers of commerce and industry, Prime Minister’s Adviser on Commerce Abdul Razak Dawood has proved to be highly...

US postpones trade negotiations with Pakistan owing to govt shutdown

ISLAMABAD: Trade negotiations between Pakistan and the United States have been postponed due to the government shutdown in America. Sources told Pakistan Today that representatives...

Investors at BQIP await utility services despite investing Rs35bn

'It is the responsibility of the Ministry of Industries and Board of Investment to ensure that the concept of one window...

FBR obtains details of bank accounts owned by Pakistanis in 26 countries

The Federal Board of Revenue (FBR) has obtained details of bank accounts owned by Pakistani nationals in 26 countries and will be...

Sakib Sherani resigns from PM’s Economic Advisory Council

Sources say the economist resigned because govt did not consult the council before presenting the finance bill ISLAMABAD: In another blow to...

Pakistan to receive oil worth $4.5bn from IDB

'Talks are underway to finalise a similar agreement for the supply of LNG' The Islamic Development Bank (IDB) will provide a three-year $4.5...