‘Govt striving hard to address low gas pressure issue’
ISLAMABAD:Â Petroleum Minister Ghulam Sarwar Khan said on Tuesday that steps were being taken to rectify the problem of low gas pressure faced...
PM reaffirms govt’s commitment to facilitate foreign investors
ISLAMABAD:Â Prime Minister Imran Khan reiterated on Tuesday said that the government is committed to providing an enabling environment to all the investors...
IMF warns storm clouds gathering for global economy
LONDON: One of the International Monetary Fund’s top officials warned on Tuesday that storm clouds were gathering over the global economy and that...
Govt released Rs240.8m under PSDP to facilitate industrial sector
ISLAMABAD:Â The government has so far released Rs240.890 million for various developmental projects of Ministry of Industries and Production under its Public Sector...
Trade deficit declines 0.3% YoY to $2.78 billion in November
On a month-on-month (MoM) basis, trade deficit recorded a decline of 5.3% to $2.78 billion from $2.94 billion in October 2018
No duty payable on phones being used on roaming for less than thirty days: Azhar
For these phones to be registered, Mr Azhar said it can be done at either the airports or in any of the Customs houses across the country and phones aren’t detained during the process of registration/duty payments
Hubco completes acquisition of 37% stake in ThalNova
In April 2016, ThalNova had been granted a power generation licence for establishing a 330-megawatt coal-fired power plant at Thar coal mine south, Sindh
Overseas Pakistanis liable to pay tax on bringing more than one mobile phone : Chaudhary
Chaudhary said a 38% duty will be levied on costlier mobile phones
Over $15 billion remittances being sent via Hundi
Bukhari said they had introduced biometric verification system to ensure better communication between the ministry and the Pakistani diaspora working abroad
Govt dismisses demand to provide Rs6.6 billion subsidy on local sugar sale
Another request of the sugar industry to permit state-owned Trading Corporation of Pakistan (TCP) to procure 20,000 tons of sugar from the millers was also rejected by the government
WB rescinds $250 million loan for climate change and disaster risk
Both sides were unable to reach a consensus on a new macroeconomic framework
Pakistan diaspora bond likely to be launched within a month
Due to delays in securing a bailout package from the International Monetary Fund (IMF), the issuance of Eurobonds has been put on hold
Japanese businessmen invited to explore trade opportunities in Pakistan
ISLAMABAD: Advisor to the Prime Minister on Commerce and Trade Abdul Razak Dawood on Monday underscored the importance of furthering trade and...
Govt pays $10.038m as commitment charges for not utilising loans
ISLAMABAD:Â The government paid $10.038 million as commitment charges to multilateral institutions for not utilising the sanctioned loans earmarked for different projects during...
Pakistan, China agree to explore new avenues under CPEC
ISLAMABAD:Â Pakistan and China on Monday agreed to expand China Pakistan Economic Corridor (CPEC) to new areas of cooperation in line with the...