Registration of new companies up 39pc in February: SECP

ISLAMABAD: A host of reforms by the Securities and Exchange Commission of Pakistan (SECP) for ease of doing business have led to...

ADB approves $25m loan to expand women’s access to credit in Pakistan

ISLAMABAD: The Asian Development Bank (ADB) has approved a $25 million syndicated loan to support the lending operations of Kashf Foundation, one of...

Gwadar and Chabahar different since inception: Manish Tewari

WASHINGTON: Former Union Minister of State in India, Manish Tewari has made comparisons between Gwadar port in Pakistan and Chabahar port in...

Zong becomes first telco to conduct successful 5G trials in Pakistan

China Mobile Pakistan (CMPak), popularly known as Zong, has successfully conducted 5G trials in Pakistan, a press release issued by the company...

Audit report invalidates PIA’s claims of increase in revenue

KARACHI: Despite under obligation to publicly declare its quarterly and annual financial reports, Pakistan International Airlines (PIA) had not declared its financial details...

Pakistan in talks with China for relief package: Asad Umar

Finance Minister Asad Umar has confirmed that the government was currently in talks with China for a possible financial deal, which would...

Naveena Group announces establishment of steel production plant at Port Qasim

KARACHI: The Naveena Group has announced to enter into the business of steel production by establishing a 300,000 TPA (tonnes per annum)...

Weekly inflation dips 0.24pc

ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation for the combined consumption group, as on Sept 5th, decreased by 0.24pc when compared with...

Country’s economy in right direction, Dar informs President Mamnoon

ISLAMABAD: Finance Minister Ishaq Dar has called on President Mamnoon Hussain at the Aiwan e Sadar on Saturday. The minister apprised the...

IMF proposes government to raise GST to 18% as part of comprehensive fiscal adjustment

IMF has recommended bolstering revenue collection at the import stage because of 26% depreciation of the rupee since January 2018 and imminent depreciation under its programme

NA approves Public Private Partnership Authority Bill 2017

National Assembly on Wednesday passed 'The Public Private Partnership Authority Bill', 2017' as well as 'The Pakistan Commission of Inquiry Bill, 2017'....

Four companies to become operational in Gwadar by year-end

The federal government has stated that as many as four companies will become operational in Gwadar by year end. It was announced by...

FBR lambasted for troubling late filers, salaried class

PEW president says masses are frequently cheated by the authorities after they are encouraged to become filers ISLAMABAD: The Pakistan Economy Watch (PEW)...

Govt keen to see Pakistan as emerging hub of economic activity: Rana Afzal

ISLAMABAD: Minister of State for Finance, Rana Muhammad Afzal Khan said that the government is keen to see Pakistan as an emerging...

Oil price crosses $70 as Iran deal tensions linger

DOHA: Crude oil prices posted their biggest weekly gain in eight months with rising geopolitical risk in the Middle East threatening security...