Asia factory activity sputters as trade woes hit export orders
Manufacturing activity weakened in Vietnam and Indonesia last month, while Taiwan’s factories grew at the slowest pace in more than two years on sluggish export orders, according to business surveys released on Monday
Pakistan, IMF set to hold third round of talks today
The IMF team is visiting to review the macroeconomic situation of Pakistan and is led by its Washington-based Mission Chief, Harald Finger which constitutes of officials from the funds’ Lending Policy Division
ECC instructs to make USC operational again to stabilize food commodity prices
Currently, USC’s monthly sales stand around Rs1 billion and sitting on an inventory worth Rs4.5 billion
FBR again misses the mark, collects Rs36 billion in taxes during 1st quarter
In the first quarter of FY19, the tax regulators’ provisional net revenue collection was recorded at Rs836 billion compared to Rs766 billion collected in the same period of FY18, according to an official handout published by FBR on Sunday
Saudi delegation reaches Islamabad, may sign four MoUs
Riyadh is exploring the possibility of setting up an oil refinery at Gwadar and investing in LNG-based power projects in Punjab and a copper and gold project in Balochistan’s Reko Diq
Power division discourages LNG usage to facilitate ‘oil mafia’
Excessive use of furnace oil for electricity generation may cost Rs24bn to national exchequer in four months
ISLAMABAD:Â The use of furnace oil has...
Plan to augment overseas employment in limbo
ISLAMABAD:Â The plan of the Overseas Employment Corporation (OEC) with regard to launching massive promotional campaigns abroad is still in limbo owing to...
61m broadband users in Pakistan
ISLAMABAD:Â The number of broadband subscribers in Pakistan had reached 61 million by the end of August 2018, Pakistan Telecommunication Authority (PTA) confirmed.
The...
Cement exports rise by 8.1pc in two months
ISLAMABAD:Â The export of cement from the country increased by 8.01 per cent to $48.535 million during first two months of the current...
‘Govt trying to sabotage CPEC’ Â
LAHORE:Â Pakistan Muslim League-Nawaz (PML-N) leader and former railways minister Khawaja Saad Rafique has said that the government was trying to sabotage the...
Govt to utilise dead assets of loss-making institutions
LAHORE:Â Information Minister Fawad Chaudhry has said that the government had decided to utilise the dead assets of loss-making national institutions, including Pakistan...
Fearing debt trap, Pakistan rethinks Chinese ‘Silk Road’ projects
The ML-1 rail line is the spine of the country’s dilapidated rail network, which has in recent years been edging towards collapse as passenger numbers plunge, train lines close and the vital freight business nosedives
Qatar Petroleum to enhance investment in Pakistan
NEWSDESK
In a major development, Qatar Petroleum President and CEO Saad Sherida Al Kaabi held talks in Islamabad with Prime Minister Imran Khan...
Govt slashes PSDP by Rs125bn
ISLAMABAD:Â The new government, through its supplementary budget, has slashed the Public Sector Development Programme (PSDP) by Rs125 billion for the ongoing fiscal...
Govt maintains petroleum prices for October
Applicable sales tax rate on POL products will be reduced to overcome international hike
ISLAMABAD:Â The federal government has decided to maintain the...