China warns of long road ahead for deal with US after ice-breaking talks

BEIJING: China and the United States will face a long road before they can reach a deal to end their bitter trade war,...

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...

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...

PTI govt planning to resuscitate EDB

An official from the EDB said the newly installed government was interested in including the EDB in engineering focus areas with an aim to bring in latest technologies

ICCI urges drastic reforms in tax system to improve revenue

ISLAMABAD President Islamabad Chamber of Commerce and Industry, Khalid Iqbal Malik, has called upon the Federal Board of Revenue (FBR) to introduce drastic...

Pakistan, China agree to enhance cooperation under CPEC

MoU signed for industrial cooperation with an aim to attract investments in special economic zones  JCC agrees to implement poverty alleviation demonstration...

ECC again defers hike in gas prices

--Committee waives off Rs194m port dues of Turkish company Karkey as part of an already agreed settlement --SBP directed to sell its shares...

Punjab focuses on cotton cultivation, subsidies to get quality yield

LAHORE: There is a complete ban on the cultivation of cotton in the province before the start of April due to chances of...

PM vows to address textile sector’s woes

ISLAMABAD: Prime Minister Imran Khan on Friday assured a business delegation that the government would take all possible measures to address the issues...

Stocks end lower as investors remain cautious ahead of Eid holidays

KARACHI: The Pakistan Stock Exchange (PSX) moved within a narrow range ahead of Eid holidays, with the benchmark KSE-100 Index closing a...

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 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...