Pakistan, Egypt agree to enhance political exchanges, bilateral trade

ISLAMABAD: The leaders of Pakistan and Egypt Friday agreed to increase the frequency of bilateral political exchanges and take steps to enhance...

Pakistan on radar for investors: Indian newspaper

An article appearing in an Indian newspaper, Economic Times has stated that Pakistan is on radar for investors who are willing to...

Asad Umar assures redressal of industrial woes

ISLAMABAD: Finance Minister Asad Umar on Tuesday held a meeting with a delegation of Karachi Chamber of Commerce and Industry (KCCI). Petroleum Minister Ghulam...

FBR asks banks to provide details of unverified accounts

ISLAMABAD: The Federal Board of Revenue (FBR) has instructed the banks to provide the details of unverified accounts, sources revealed on Friday. The revenue...

Govt releases Rs150 bn to IPPs without pre-audit checks

ISLAMABAD: Sources close to the Power division have revealed that the Ministry of Power has released around Rs150 billion to Independent Power Producers...

Govt slashes petrol price by 59 paisa per litre

The government on Thursday has reduced the prices of petroleum products for the month of February 2019. According to notification, petrol price has...

Friendly policies demanded to boost small businesses

KARACHI: The Union of Small and Medium Enterprises (UNISAME) invited the attention of Small Medium Enterprises Development Authority (SMEDA) CEO Sher Ayub...

FY20: Seven manufacturing sectors post decline in profit

ISLAMABAD: The performances of several manufacturing sectors have deteriorated during the first eight months of the current fiscal year, it was learnt...

Govt, ITFC sign $551m loan agreement for import of oil, LNG

ISLAMABAD: Adviser to Prime Minister on Finance, Revenue and Economic Affairs Dr Abdul Hafeez Shaikh witnessed the signing of a loan agreement...

CPEC to speed up industrialization, urbanization in Pakistan: Ahsan Iqbal

BEIJING: Federal Interior Minister Ahsan Iqbal, who also holds the Planning, Development and Reform portfolio, has emphasised that the Long-term Plan of the...

Second CPEC phase to enhance Pak-China B2B relations: envoy

ISLAMABAD: Chinese Ambassador Yao Jing said on Friday that his country was striving to enhance business-to-business (B2B) relationship between the Chinese and Pakistani...

RLNG supply to industry from Tuesday: SNGPL

The Sui Northern Gas Pipeline Limited (SNGPL) has decided to restore RLNG supply to the industrial sector from Tuesday (December 31). "The decision...

Commission to probe unauthorised govt expenditures in last 10 years

ISLAMABAD: The federal government has empowered the debt inquiry commission to look into the unauthorised expenditures on the formation of camp offices, deployment...

ECC orders speedy establishment of new LNG terminal

Approving FBR's proposal, the committee waves off the accumulated penal surcharges of Rs700m against overstayed consignments at ports ISLAMABAD: Keeping in mind...

SSGC seeks sovereign guarantees for installing LPG air-plants

Islamabad:  According to sources, Sui Southern Gas Company (SSGC) is seeking the federal governments help to offer sovereign guarantees worth for billions...