Renault cars may hit Pakistani roads by June 2020

Al-Futtaim Renault Pakistan is set to invest $140 million for establishing its automobile assembly plant in FIEDMC

Pakistan mulling to review agreements made under CPEC: Report

A nine-member committee to review CPEC projects has been established by Prime Minister Imran Khan and is set to meet for the first time this week

PPL discovers fresh oil deposits in Punjab

Pakistan Petroleum Limited (PPL) has announced the discovery of oil deposits in an exploratory well in Talagang, Chakwal district. The discovery was made...

Exports of transport services rise by 5.74pc to $977.470mn

ISLAMABAD: The transport services by Pakistan in other countries increased by 5.74 per cent during the financial year 2017-18 compared to last...

United Motors launches ‘Bravo’, priced Rs850,000

Will the United's Bravo be the perfect replacement for the outgoing Mehran?

Pak, China agree to ensure 3rd-country participation in CPEC

ISLAMABAD: Realigning the goals of the China-Pakistan Economic Corridor (CPEC), Pakistan has introduced new targets of socio-economic and regional development under this...

Intellectual Property Organisation Pakistan all set to change image after past failures 

ISLAMABAD: With the ongoing developments brought about by the China Pakistan Economic Corridor (CPEC), the registration of new companies and intellectual property...

Ban cheese imports? Pakistan discusses outside-the-box ideas to avoid IMF bailout

A lull in Pakistani exports and a relative spike in imports has led to a shortage of dollars in the economy, putting pressure on the local currency and dwindling foreign currency reserves

PTI govt aims to slash development funds by 25 percent

During the first two months of current FY19, the Planning Commission has disbursed Rs35 billion for development projects, around 75 percent lower than Rs175 billion in the corresponding period of 2017

China’s August trade surplus with U.S. widens to record $31 billion

China’s large trade surplus with the United States has long been a sore point in relations and is at the centre of an increasing bitter dispute between the world’s two biggest economies

EAC in disarray, as Dr Imran Rasul resigns from his post

Dr Atif R. Mian's removal from the EAC on Friday resulted in Dr Asim Ijaz Khawaja resigning from his post and Dr Imran Rasul followed suit on Saturday by tendering his resignation

Finance Minister chairs NEC meeting, reviews progress in AML & CFT

The NEC is a high-level body established to oversee both policy and implementation matters of the anti-money laundering (AML) and counter financing of terrorism (CFT) regime

Chinese entities voice intention to establish joint ventures in agri, livestock sectors

Chinese companies expressed their interest to establish business collaborations with Pakistan in pharmaceutical and other sectors

Finance minister assures electricity, gas prices won’t be increased for industries

APTMA patron-in-chief said Mr Umar had committed to keeping prices at the promised level and the government would find a solution by either providing a subsidy from the budget or cross-subsidizing the industries.

Another probable power price hike on the cards

After the conclusion of the hearing, an official said the additional impact of the prior year adjustment (PYA) for FY18 taking PPP difference into consideration was coming out of the rising net hydel profit to the provinces