US trade deficit hits 10-year high in October
WASHINGTON: The US trade deficit hit a 10-year high in Oct 2018 as Americans used a stronger dollar to snap up record imports,...
SECP stresses need to connect microfinance sector with capital markets
KARACHI: It is imperative to connect the microfinance sector with the capital markets so that the sector could meet its growth trajectory and...
Govt to facilitate local construction industries for economic revival
CAP requests planning minister to establish a Construction and Infrastructure Development Board
ISLAMABAD: Planning, Development and Reform Minister Makhdoom Khusro Bakhtiar has underlined...
‘French investors keen to explore opportunities in Pakistan’
French Ambassador Marc Barety said that the French businessmen are willing to explore different sectors of Pakistan’s economy for investments.
Talking to Senate’s...
PGP still interested in establishing Pakistan’s third LNG terminal
The AG chairman declared the terminal will be commissioned in the 1st quarter of 2020
Pakistan’s steel industry reeling, as smuggling soars
NTC anti-dumping duties haven’t thwarted the imports, as Pakistan retains its status as a favourite for the dumping of goods by Iran, Russia, China and some European countries
NAB to expand investigation into Rs60 billion tax evasion by cigarette industry
The Auditor General of Pakistan (AGP) office said the cigarette industry was involved in tax evasion to the tune of Rs33 billion
Rs82 billion plan unveiled for the agriculture sector
Talking about crop yield, Mr Sultan shared an investment of Rs4 billion will be done via promoting mechanisation
Cash-strapped Pakistan should pursue clean energy instead of relying on coal, says report
Simon Nichols, an energy finance analyst with the institute, told that China is dumping its dirtier coal-fired systems on developing nations while leading the world in renewable resource systems that will find a market in developed countries as they move away from fossil fuels
Govt developing export-oriented policies to enhance exports
Secretary Textile said energy tariffs for export industries were being subsidized to secure their competitive edge in the international market
LPG prices not to be increased, says Sarwar
Ghulam Sarwar made a task force under Babar Nadeem, which would make recommendations on issues of oil refineries and would present the recommendations in next CCoE
Federal cabinet to decide subsidy for captive power plants tomorrow
ISLAMABAD: In an apparent bid to provide a subsidy to “influential” owners of captive power plants, the Petroleum Division, on the advice of the...
‘Pakistan can achieve 30pc renewable energy generation by 2030’
As renewable energy is now the cheapest form of electricity generation in Pakistan, the government could reduce its reliance on expensive power...
SECP, SBP asked to expedite work on FATF action plan
ISLAMABAD: Finance Minister Asad Umar on Wednesday chaired focused meetings with the Securities and Exchange Commission of Pakistan (SECP) and State Bank of...
Railways minister vows Rs10bn profit in FY19
RAWALPINDI: Railways Minister Sheikh Rasheed Ahmed on Wednesday said that the department has set a target of receiving Rs10 billion in profit margins...