Finance Division to go paperless from Jan 1, 2019

ISLAMABAD: Notwithstanding the fact that majority of senior and middle management level officers lack the required skill to handle digitalised records, the Ministry...

Gas shortfall: PM orders immediate inquiry against top management of SNGPL, SSGC

ISLAMABAD: Prime Minister Imran Khan has ordered the initiation of an immediate inquiry against the managing directors (MDs) of Sui Northern Gas...

Uzbekistan keen to help uplift Pakistan’s agriculture sector

Uzbek envoy says both countries need to adopt a new approach, centralise the whole system and do away with ‘shadow economy’ ISLAMABAD: Ambassador...

Stock market may hold up to eight IPOs in 2019

Arif Habib Group CEO expects the market to post a healthy run next year on back of improving macros and political...

PSX dips further by 544 points amid lack of triggers

KARACHI: In the absence of positive triggers, Pakistan Stock Exchange (PSX) witnessed another lazy session on Wednesday where indices traded in red all...

‘Pakistan can save $8.4bn per annum through power sector reforms’

WB report says almost a fifth of Pakistan’s electricity is lost to poor infrastructure, faulty metering and theft ISLAMABAD: Pakistan's power sector suffers...

Asad Umar says will only take IMF’s money, not dictation

PTI govt has clear strategy to get Pakistan out of the begging-bowl syndrome - Asad Umar

PIBTL working on setting up LPG import facility at Port Qasim

Port Qasim Authority (PQA) Chairman Asad Rafi Chandna said it was working to develop another natural ship navigation channel

Chinese entity e-Hualu clinches $83.6 million deal to build rapid bus transit system in Pakistan

Previously, e-Hualu was involved in building a project in 2016, which included an electronic policing system, access control and a vehicle monitoring platform for the capital Islamabad

Landlords found evading taxes, sent notices by FBR

It has come to the fore, that three out of four people who were declaring agriculture as the source of income aren’t paying tax on agriculture income in provinces

Govt mulling to float sukuk bonds for financing circular debt

The sukuk issuance is planned for later this month, subject to the stakeholders reaching an agreement on the terms and conditions

Pakistan lacks representation in IMF

ISLAMABAD: The slot of International Monetary Fund (IMF) executive director has been vacant for almost two years. Sources said that the Pakistan Muslim League-Nawaz...

Govt on track to streamline dwindling economy: Asad Umar

ISLAMABAD: With a focus to reach out to the poor, the Pakistan Tehreek-e-Insaf government, despite inheriting worst financial and current account crisis, has...

Pakistan likely to receive financial assistance from China after JCC meeting

Pakistan may get short-term lending of $2 billion from Industrial and Commercial Bank of China  ISLAMABAD: As Pakistan still awaits financial assistance from...

Auto sales nosedive 17% YoY to 17,442 units in November

On a month-on-month basis (MoM), auto sales declined 30% to 17,442 units in November against 24,850 units in October