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...
RLNG prices decreased by over 10pc
ISLAMABAD:Â The Oil and Gas Regulatory Authority (OGRA) on Monday notified revised prices of Regasified Liquefied Natural Gas (RLNG) for the Sui Northern...
News undermining Pakistan’s int’l reserves termed ‘misleading’
ISLAMABAD: The Ministry of Finance on Monday dismissed as ‘misleading’ the claim appearing in a section of the press on Sunday that Pakistan’s...
Japanese businessmen apprised of Pakistan’s investor-friendly policies
KARACHI:Â Pakistan Japan Business Forum (PJBF) took a business delegation, comprising several business groups and small & medium enterprises (SMEs), to the 8th...
PIAF seeks 10pc reduction in gas tariff for local industry
LAHORE:Â The Pakistan Industrial and Traders Associations Front (PIAF) has said that the cost of doing business has increased manifold, which would lead...
Pakistan, Japan agree to enhance trade ties
ISLAMABAD:Â Japanese Ambassador to Pakistan Takashi Kurai paid a farewell call on Adviser to Prime Minister on Commerce Abdul Razak Dawood on Monday...
Govt targets 5.8pc growth rate in 12th Five-Year Plan
ISLAMABAD: The 12th Five-Year Plan, drafted by the previous government of Pakistan Muslim League-Nawaz (PML-N), is all set to be launched with a projection...