Sugar industry asks government for early disbursement of outstanding subsidies
Industry asks for sugarcane price to be set in line with prices of sugar and demands the tax regulator to collect general sales tax (GST) on the actual selling price of sugar instead of Rs60 per kg fixed by it
PM warns of disbanding FBR, terms performance unsatisfactory
PM expresses displeasure over the tax regulator's performance, states a new institution could be established for this purpose
ECC meeting to discuss gas management plan today
Domestic gas’s average cost comes to around Rs630 per million British Thermal Unit (MMBTU) against Rs1,350 of imported LNG
Railways earned Rs12,770.02 million from land leasing in last decade
Around 15,025.44-acre land was leased to the government departments for 21 to 33 years as per the policy to generate extra revenue, a Ministry of Railways official said
PTI govt likely to decrease profit margins for power plant owners
High profit margins have resulted in increased power tariffs, circular debt: sources
Rules being finalised for public-private partnership in five-million housing project
ISLAMABAD: The Ministry of Housing and Works is finalising rules for public-private partnership in the Naya Pakistan Housing Project which would be...
Pakistan to hold policy-level talks with IMF this week
IMF also likely to visit NAB, review anti-corruption framework
Thar 660MW lignite coal power plant all set to become operational by Jan 2019
‘It’s time we start working in the direction to produce gas through coal’, says Sindh Engro Coal Mining Company's CEO.Â
Analysts remain skeptical on China, Saudi aid to Pakistan
Prime Minister Imran Khan secured financial pledges from China during a four-day official visit to China, where he met with leaders, including...
‘IMF bailout package yet to be finalised’
Finance Minister Asad Umar on Saturday stated that the amount of the International Monetary Fund (IMF) bailout package had not yet been...
Asad Umar lauds overseas investors’ contributions, assures redressal of woes
FM says the benefits of revised economic strategy would become visible in next six to nine months
KARACHI:Â Finance Minister Asad Umar on...
China launches aviation fuel index amid slowest demand growth in four years
Passenger travel makes up 97 percent of China’s total jet fuel consumption, which makes up some 13 percent of the global market, CNAF executives said
Establishment of packaging plant in Gadoon to bring Rs2.5b investment
PESHAWAR: Chief Executive Officer of Khyber Pakhtunkhwa Economic Zones Development and Management Company (KPEZDMC), Saeed Ahmad Khan on Friday said that establishment...
Pakistan to repay $1.7 billion on account of foreign debt till December
According to finance ministry projections, Pakistan will have to repay around $700 million to multilateral creditors, $400 million to bilateral creditors, $76 million to the IMF, $298 million in shape of commercial loans and $200 million due to bond repayments in October-December period
Rupee sheds Rs0.82 against dollar, closes at Rs133.84 in inter-bank market
In the open market, the rupee closed trading at Rs134 against the dollar according to currency dealers