Consumers can save Rs6.5 billion annually if Sindh withdraws LNG cess: CCP

Sindh government charges development cess at a rate of 1.15% on all LNG imports since it has not interpreted LNG as a petroleum product

Process initiated to revise open sky policy

According to the International Air Transport Association (IATA), the country’s air traffic is projected to grow in double digits, however, local aviation traffic has increased a meagre 3%

Sarmaya-e-Pakistan to be established with Rs500 billion capital for take-over of SOEs

For resuscitating these SOEs, the incumbent government has decided to devise a relevant governance structure taking into consideration the best global practices implemented in Malaysia and Singapore

Volkswagen signs agreement for vehicle assembly in Karachi

The world’s largest automobile manufacturer in partnership with Premier Systems Private Limited, which is the authorized importer of Audi vehicles in Pakistan, will assemble Amarok, Transporter T-6, Caddy and Skoda in Pakistan

ECC allows import of cotton from Afghanistan

Commerce ministry asked to establish a permanent quarantine facility for cotton that is imported through land route Committee approves Rs1bn for...

France urged to finance clean energy production, tourism in Pakistan

ISLAMABAD: Planning, Development and Reform Minister Makhdoom Khusro Bakhtiar on Thursday appreciated the role of the French Development Agency (AFD), saying that France...

Malaysia agrees to fix trade imbalance with Pakistan

‘PM Khan has taken note of the good practices adopted by the Malaysian govt to track down corruption and white-collar crimes’ ISLAMABAD: The...

IMF encourages private investment in Pakistan, MENA

The International Monetary Fund (IMF) in a recent report has stressed the need to encourage private investment in the Middle East, North...

China evaluating impact from U.S. proposal to boost tech export control

On Tuesday, the Trump administration said China had failed to alter its “unfair” practices at the heart of the U.S.-China trade conflict

Pakistan listed among top 3 beneficiaries likely to gain in import substitution from US-China trade war: Report

In case, if the trade war continues between the US and China, Pakistan would be the least likely beneficiary of production relocation of industrial units from China

Gwadar’s deep-sea port set for further expansion in January

Under the expansion plan, five new berths would be added to the existing three berths for handling bigger ships

Recent financial aid obtained from “friendly countries”, a stop gap solution to country’s economic woes: PM

The prime minister said investors should be facilitated in making money and said that wealth creation enables a country to grow

Mobile phone imports grow 11.84% in October to $61.189 million

Last month’s figure was down by 1.79 percent when compared to $62.306 million in September 2018, data released by the Pakistan Bureau of Statistics (PBS) revealed

Punjab has better investment climate: Hashim

Hashim said foreign investors were keen to invest in Pakistan’s energy, housing and infrastructure projects

World economy has ‘passed its peak’ as trade wars weigh

OECD which advises many of the world’s richest economies, said Wednesday it has cut its forecast for global growth next year to 3.5 percent from 3.7 percent previously