Progress report on PSM operationalisation sought
The Economic Coordination Committee (ECC) on Tuesday sought a progress report on the operationalisation of Pakistan Steel Mills.
A meeting of ECC, chaired...
Bill Gates desires to invest heavily in Pakistan’s IT sector
Bill Gates, a billionaire philanthropist and the founder of Microsoft, in a letter to Prime Minister Imran Khan on Tuesday, expressed his...
LCCI demands facilitation for potato exports
LAHORE:Â The Lahore Chamber of Commerce and Industry has demanded the government to facilitate the exports of potato as the present state of...
SC asked to intervene as KMC takes advantage of anti-encroachment drive
KCCI president says ongoing anti-encroachment drive is not purely targeting encroachments, as most of actions are being taken against genuine shopkeepers
KARACHI:Â Karachi...
‘Horticulture export can fetch $2.5bn in five years’
PFVA patron-in-chief says introduction of drip irrigation system can save water wastage equivalent to the capacity of two dams
ISLAMABAD:Â Horticulture export could...
PSX extends gains amid improved market sentiment
KARACHI:Â Optimistic sentiments prevailed at the Pakistan Stock Exchange (PSX) for the second consecutive session on Tuesday. Indices which opened positive continued to...
Govt places immediate ban on furnace oil imports
ISLAMABAD:Â The government has notified an immediate ban on the import of furnace oil and ordered all refineries to utilise billions of rupees...
Iran minister says EU trade arrangement moving slowly, talking to India, China
The EU wanted a so-called special purpose vehicle (SPV) to help preserve the economic benefits for Iran deriving from the curbs Tehran placed on its nuclear programme under a 2015 deal with world power
Commerce Division, PPRA say opinion not sought on fuel supply agreement with Azerbaijan: Report
Petroleum Division suggestion on Azerbaijan deal blocked by PPRA and Commerce Division
Govt devising policy to attain target of 15 million cotton bales by end of 2019
The government is mulling an increase in funding for agricultural research from existing 0.2% to 1%
Pakistan coal imports projected to soar to 30m tons by 2020
The demand for cement manufacturers was projected to increase by 2.0 million tons, whilst coal-fired power plants would require 8 million tons by 2020
Committee recommends 20% income tax rate on SME sector
The suggested tax regime offers huge incentives to SME firms and offers to levy 20% income tax rate compared to 29% for the bigger entities in the tax year 2018
External debt rises 17% to Rs9.12 trillion in July-November FY18-19
Totally, the federal government’s debt rose to Rs26.5 trillion, a net addition of Rs2.24 trillion in the first five months of current FY18-19 or higher by 9.2% when compared to figures in the previous FY17-18
ICCI welcomes formalization of UAE bailout package for Pakistan
This would help Pakistan address its balance of payment issues and improve the confidence of the private sector and investors, said a statement issued here by ICCI
OGRA set to charge consumers with Rs1.1bn on account of gas theft
ISLAMABAD:Â The Oil and Gas Regulatory Authority (OGRA) has approved to charge the gas consumers with Rs1.1 billion on account of 2.6pc gas...