Gas price hike may push urea prices up to Rs128 per kg
The FMPAC spokesman said profits had touched their lowest ebb in the last six years irrespective of record revenues attained by major players
ECC postpones power tariff increase decision till next meeting
As a whole, these surcharges generate Rs100 billion per annum to service power sector loans and subsidies for the poor which ensures a uniform power tariff across Pakistan
Senate committee to be briefed on loans taken by PSO
ISLAMABAD: The Senate Standing Committee on Petroleum and Natural Resources will be briefed about the details of loans taken by Pakistan State Oil...
ECC delays increasing electricity price for a week
It was expected that a green-light would be given for Rs2 per unit increase in prices
ISLAMABAD: The federal government’s Economic Coordination Committee (ECC)...
Pakistan-Japan Friendship Forum launched
ISLAMABAD: The Pakistan-Japan Friendship Forum (PJFF) was established on Tuesday to further promote the friendly ties between the two countries.
The inauguration ceremony was...
Pakistan, Russia set to sign $10bn gas pipeline deal
The pipeline will be completed in three to four years
In a major breakthrough, Pakistan and Russia will sign a $10 billion offshore...
World Bank warns Gaza economy is ‘collapsing’
Unemployment reaches over 50 per cent, while 70 per cent of young people are jobless
The economy in the Gaza Strip is “collapsing”...
PSDP revised from Rs800bn to Rs 675bn for current fiscal
‘Slashed amount will be spent on social development’
ISLAMABAD: Senate’s Standing Committee on Planning Development and Reforms on Tuesday was informed that the developmental...
SBP’s reserves plunge 3.07pc to $9.33bn
The foreign exchange reserves held by the State Bank of Pakistan continued to spiral downwards as they decreased 3.07 per cent on...
Cairo summit stresses new partnerships to benefit from CPEC
Speakers predict Suez Canal and Gwadar will emerge as mega seaports in the coming years
ISLAMABAD: Speakers at an international summit in Cairo on...
Experts express disappointment, suggest improvements in mini-budget
'By allowing non-filers to purchase land and motorcars, the government has legitimized corruption'
ISLAMABAD: The amendments presented in the Finance Bill 2018-19 lack direction...
World Bank vows continuous support to Pakistan’s new govt
KARACHI: World Bank's Global Practices Governance Director James A. Brumby has congratulated the new government of Pakistan, led by Prime Minister Imran Khan,...
‘Pakistan, Iran must exploit regional trade corridors’
ISLAMABAD: Former State Bank of Pakistan (SBP) governor Dr Shamshad Akhtar said there is a phenomenal scope of economic cooperation between Iran and...
China accuses US of ‘trade bullyism’ as both sides impose fresh tariffs
BEIJING: The United States and China imposed fresh tariffs on each other’s goods on Monday, as the world’s biggest economies showed no...
What is the PTI’s energy game plan?
How having a former hydrocarbon company CEO as finance minister will shape the government’s approach to Pakistan’s biggest economic challenge