Intellectual Property Organisation Pakistan all set to change image after past failuresÂ
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
Revised finance bill to be presented in Parliament next week: Asad Umar
He dismissed the speculation that the newly installed government had shut off the IMF window permanently and said the government was considering every option to manage the external sector vulnerabilities
Weekly SPI inflation increases by 0.18pc
According to data released by the Pakistan Bureau of Statistics, the Weekly Sensitive Price Indicator (SPI) for the combined group increased by...
National Foods reports 23pc rise in gross profits
As per the financial earnings’ results for the year ended on June 30 2018, National Foods Limited gained 5.5 per cent in annual...
GSK files petition with SHC to merge business divisions
According to a notification on the Pakistan Stock Exchange (PSX), GlaxoSmithKline Consumer Healthcare Pakistan Limited (GSKCH) has filed a merger petition with...
AkzoNobel Chemicals (SMC-Private) starts independent operations in Pakistan
LAHORE: AkzoNobel has announced that AkzoNobel Chemicals (SMC-Private) Limited (ANCPL) is now working as a separate legal entity in Pakistan.
Operations in Pakistan as an...
Sale of high-speed diesel slides down by 150,000 tonnes per month
ISLAMABAD: Sale of high-speed diesel (HSD) has witnessed a massive decline by approximately 150,000 tonnes per month in June, July and August...