PSX asked to vacate Pakistan Railways land

Sheikh Rasheed claims PR earned Rs1.1bn more revenue in freight sector in last two months, as compared to the same period...

PM constitutes National Economic Council’s executive committee

Prime Minister Imran Khan on Friday constituted an executive committee of National Economic Council (NEC) comprising eight members, according to an official...

Pakistan requests UAE to give deferred payment facility for oil imports: Shah Mehmood Qureshi

The foreign minister said the UAE delegation had expressed an interest in establishing an LNG terminal in Pakistan

LCCI praises PM’s efforts for economic revival

The Lahore Chamber of Commerce and Industry (LCCI) on Friday welcomed Prime Minister Imran Khan’s pledge to put the economy back on...

BoI chairman calls for strengthening economic cooperation between Pakistan & Germany

While talking about the investment climate, Mr Sharif highlighted Pakistan was open for business and called investors to take advantage of the chances, especially in the large consumer market

NAB widens investigation into lower tax collection from tobacco sector

The introduction of the three-tier tax system for the tobacco industry resulted in a massive fall in tax revenue collection of Rs33 billion, which is a major contributor to the public exchequer

Commerce division prepares proposals to enhance FDI in export sector

From the FDI inflows of $10 billion in last five years, 81% have gone into non-manufacturing sectors like IT & telecom, transport and trade, financial business, oil & gas, construction and power sectors

Shaheen Air aiming to restart operations by January: Report

SAI which requires roughly Rs3.1 billion to recommence its operations has reached out to stakeholders in the Middle East, East Asia and western regions to arrange these funds

Pakistan PM Khan, in search of loans, to visit China next week

On Wednesday, Khan said Pakistan was also in discussions with two “friendly nations” for more loans, with analysts saying one of those countries was China

‘Govt removing all bottlenecks to facilitate foreign entrepreneurs’

PM says his vision is to transform Pakistan into a country where overseas Pakistanis and foreign investors could work without fear ISLAMABAD: Prime...

Agri imports surge by 10pc in three months

ISLAMABAD: Imports of agriculture inputs into the country during the first quarter of the current financial year increased by 10.70 per cent as...

Govt holds NEPRA responsible for power tariff hike

Finance Minister Umar says tariff increase will generate additional Rs130bn, will not affect 70pc consumers Asserts no conditions attached to Saudi bailout,...

Govt removes stipulation permitting non-filer overseas Pakistani’s to purchase property

The government issued a circular disclosing the stipulation on purchase/transfer of property having a value over Rs5 million by non-filers was not applicable to legal heirs procuring property via inheritance

Saudi crown prince to address investment forum amid Khashoggi furor

The kingdom has come under increasing pressure in the crisis that has strained its ties with key Western allies

RLNG-based power generation share climbs to 22.75% in September

In September, Hydel remained the main source of power generation with a share of 34%, RLNG 23%, gas 16%, coal 9%, furnace oil 8% and nuclear 5%