Julius Bitok invites KCCI to participate, support Trade and Investment Conference in Kenya
KARACHI:Â Kenyan High Commissioner Julius Kibet Bitok has invited the Karachi Chamber of Commerce and Industry (KCCI) to participate and support the forthcoming...
Country producing 4500 MW surplus electricity: Power Division Minister
DG KHAN:Â Power Division Minister Sardar Awais Ahmed Khan Leghari on Sunday said that the incumbent government has overcome the load-shedding issue and...
US lifts ban on suppliers selling to China’s ZTE
NEW YORK: The US Department of Commerce on Friday lifted a ban on US companies selling goods to ZTE Corp, allowing China’s...
Government not worried about increasing debt: MoF
ISLAMABAD: The federal government obtained $ 2.9 billion in loans from commercial banks, multilateral and bilateral institutions in December 2017 alone.
Documents available...
Defence exports show improvements: committee
ISLAMABAD
Standing Committee of the Senate on Defence Production Wednesday observed that defence exports have shown a considerable increase during the recent years.
The...
Bears dominate trading as PSX sheds 632 points
KARACHI: Bearish sentiments prevailed at the Pakistan Stock Exchange (PSX) on Thursday, with the indices accumulating losses all day long while volumes...
Silk Bank requests SBP to extend 3Q 20219 financialsÂ
The Silk Bank has requested the State Bank of Pakistan (SBP) that the approval and disclosure of the third quarter of 2019...
Irrational delay of project forces ADB to transform implementation
LAHORE
The Asian Development Bank (ADB) is finalising to transform a major component of its project implementation for Pakistan, especially taking National Transmission...
Sales tax refund process will begin this month: Miftah
KARACHI: Adviser to Prime Minister on Finance, Revenue and Economic Affairs, Miftah Ismail, has said sales tax refund process will be started...
OGRA proposes Re1 per litre hike in petrol price
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has worked out new prices of petroleum products (POL) for the month of November...
Oil refineries earned Rs500 billion under ‘deemed duty’ since 2002
Deemed duty was provided by the government as an incentive to make oil refineries upgrade their plants which would result in the production of environment-friendly and higher-grade fuel
Pakistan, Hong Kong for promoting bilateral trade ties
Pakistan and Hong Kong have agreed to further promote bilateral economic and trade relations.
 The agreement came at a meeting between Prime Minister...
Benchmark Index declined 3% during first half of 2017: report
KARACHI
Pakistan’s benchmark KSE-100’s total return has declined 3 per cent during first half 2017 to 46,565 points.
Bulk of the sell-off was seen...
Borrowing by low and middle-income economies tripled in 2017: WB
WASHINGTON:Â Borrowing by low and middle-income economies from external official and private creditors surged to $607 billion in 2017 from $181 billion the...
SECP continues enforcement drive against insurers
Islamabad: The Securities and Exchange Commission of Pakistan (SECP) has concluded adjudication proceedings against six insurance companies in July and August 2017.
Orders...