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‘Dutch investors to visit Pakistan soon’

Envoy says recently announced economic package has encouraged prospective investors ISLAMABAD: Deputy Ambassador of Netherlands Josephine Frantzen called on Finance Minister Asad Umar...

Pakistan’s first organic cotton bale harvested in Balochistan

Minister says Balochistan will be developing an organic agriculture policy soon QUETTA: Balochistan has produced Pakistan's first organic cotton bale, while the...

SBP hikes key interest rate by 25 basis points to 10.25%

Challenges to Pakistan’s economy persist despite narrowing as the current account deficit remains high, the fiscal deficit is elevated, and core inflation remains continuingly high, said SBP

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: 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: 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 resources  ISLAMABAD: 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: Continuing on its strong growth trajectory,...