Transparency Int’l seeks action against ‘illegal’ PSM revival plan
‘Award of PSM restoration contract to HUBCO and other private companies is a violation of PPRA rules’
ISLAMABAD: Transparency International (TI) Pakistan has said...
Sindh Excise Dept recovers Rs36.4bn in six months
KARACHI: Sindh Excise, Taxation, Narcotics Control and Parliamentary Affairs Minister Mukesh Kumar Chawla revealed on Friday that during the current fiscal year, Sindh...
‘Supplementary budget aims to boost exports, promote ease of doing business’
ISLAMABAD: Finance Minister Asad Umar has said that the supplementary budget, which would be launched by the government this month, is aimed at...
PM wants duty exemption on items used by disabled persons
ISLAMABAD: Prime Minister Office, while taking notice on a complaint of a poor citizen, has directed the Ministry of Commerce and Federal Board...
Drug prices increased by 15pc
KARACHI: The Drug Regulatory Authority of Pakistan (DRAP) on Friday announced a price hike of 9-15 per cent across the country.
According to a...
PSX lands in red as KSE index sheds 41 points
KARACHI: Failing to end the last session of the week positive, Pakistan Stock Exchange (PSX) was once again conquered by bears, as indices...
‘BoDs of all oil and gas companies to be reconstituted’
Petroleum minister says new boards will have equal representation from public and private sectors so that deserving professionals could get opportunities...
China’s Geely says it has not sold Daimler shares, denies Bloomberg report
BEIJING: China’s Geely Group said it has not sold any shares in Daimler AG, denying a Bloomberg report that the Chinese firm...
Pakistani exporters urged to tap Malaysian meat market
'Half of Malaysian meat demand is being fulfilled by Australia, Brazil, New Zealand, India, China and Thailand, which are all non-Muslim...
‘China to import potato, cherry and wheat from Pakistan’
Envoy says Chinese govt will formally invite Pakistani experts to monitor the hybrid rice seed expertise of China
ISLAMABAD: Chinese Ambassador to Pakistan...
As U.S. shutdown nears record length, Trump weighs declaring emergency
To escape a political trap of his own making, Trump suggested strongly on Thursday that he might declare an emergency so that he can bypass Congress to get funding for his wall, which was a central promise of his 2016 election campaign
China to set lower GDP growth target of 6-6.5 percent in 2019: sources
The growth of about 6.2 percent is needed in the next two years to meet the ruling Communist Party’s longstanding goal of doubling gross domestic product and incomes in the decade to 2020, and to turn China into a “modestly prosperous” nation
Rupee devaluation pushes minimum wage to $107, raises Pakistan’s regional competitiveness: Report
A year ago, wages in Pakistan were $136 vs $64 in Bangladesh and now the difference stood at $107 compared to $95 currently and it has made big strides in becoming regionally competitive again, said Renaissance Capital
FBR forwards recommendation to Finance Ministry for clearance of tax refunds
One of the suggestions under consideration is to launch a three-year negotiable security bond worth over Rs80 billion in different phases via the central bank, added the sources
PM directs finance ministry to prepare five-year economic plan
The five-year plan is envisioning an overblown tax collection target of over Rs8.2 trillion for its last year in power since it faces problems meeting rising debt servicing needs which are estimated to take up over 45% of tax revenues