Senate panel asks automobile companies to brief on quality standards, price ranges, tax matters

The meeting chaired by Senator Ahmed Khan on Thursday discussed the total number of vehicles sold, the amount of tax paid, details of spare parts produced locally and imported from abroad and fulfilment of corporate social responsibility role by Toyota, Honda and Suzuki motors.

‘Trade Agreement-II with China likely in June’

ISLAMABAD: Advisor to the Prime Minister on Commerce Abdul Razzaq Dawood said on Wednesday that Trade Agreement-II was expected with China by...

IMF asks Pakistan to ensure primary surplus on budget deficit  

The International Monetary Fund (IMF) has asked Pakistan to ensure primary surplus on budget deficit to move ahead with the programme, leaving...

CCOP okays privatisation of Haveli Bahadur Shah, Balloki power projects

Committee also decides to divest residual govt shares of 18.39pc in Mari Petroleum Company  ISLAMABAD: The meeting of the Cabinet Committee on Privatization...

‘Facilitation of private sector imperative for economic development’

ISLAMABAD: President Dr Arif Alvi has said that strengthening of the private sector through the promotion of local goods and industry is of...

Finance minister urged to release pending refunds of textile industry

LAHORE: All Pakistan Textile Mills Association (APTMA) Chairman Syed Ali Ahsan has urged the finance minister to issue directions to the Federal Board...

Planning ministry fires back at critics of CPEC debt

ISLAMABAD: The Ministry of Planning, Development and Reforms on Wednesday rebuffed a news article regarding the China Pakistan Economic Corridor (CPEC) debt,...

Khusro Bakhtiar calls for transforming Pakistan into technology-driven economy

'Economic development depends on intellectual capital, quality human resource and upliftment of industry' ISLAMABAD: Planning, Development and Reform Minister Makhdum Khusro Bakhtiar has...

Govt to implement energy policy by May 2019, IMF told

ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) government is set to implement a comprehensive energy policy covering all elements of the energy supply chain, demand...

‘Pakistan to tap non-traditional market of Latin America’

Commerce secretary says Pakistan has been making consorted efforts to restart negotiations on its bid for FTA with Mercosur countries  ISLAMABAD: The Ministry...

Bearish sentiments prevail at PSX as investors look for positive triggers

KARACHI: Bearish sentiments surrounded the bourse once again as trading resumed in the absence of a positive trigger after a holiday on Tuesday....

Tax department likely to go through major reform

The Imran Khan led government is also considering introducing technology-based solutions for the identification of tax evasions and enhance transparency

China issues nationwide ‘negative’ investment list

Industries not on the list are open for investment to all and require no approval

China won’t resort to massive stimulus but more easing seen: central bank adviser

To ward off a sharp slowdown, China has unveiled a raft of policy measures this year, including four rounds of reserve requirement ratio cuts to boost lending, along with lower taxes and fees, and moves to fast-track infrastructure projects

Power Division to share PPA details with CCoE

The details will include the financial ramifications of operating certain power plants out of the order of merit because of system constraints