PM directs finance ministry to prepare five-year economic plan
The five-year plan is envisioning an overblown tax collection target of over Rs8.2 trillion for its last year in power since it faces problems meeting rising debt servicing needs which are estimated to take up over 45% of tax revenues
Water shortage to persist, hit upcoming Rabi season
According to an initial analysis of data, it is projected water shortfall would stand between 35-45 percent during the upcoming Rabi season 2018-19
Saudi Aramco earns $161b profit for 2022
RIYADH: Saudi Aramco said on Sunday it achieved "record" profits totalling $161.1 billion last year, drawing an outraged response from activists warning...
Pakistan among the top ‘emerging’ importers of LNG
According to a Columbia University report, Pakistan is among the top ‘emerging’ importers of Liquefied Natural Gas (LNG).
The LNG supply surge that...
’20 more trains to be launched within six months’
LAHORE:Â Railways Minister Sheikh Rasheed Ahmad on Monday announced to add 20 more trains in the fleet of Pakistan Railways within six months.
Addressing...
PLL invites bids for supply of six LNG cargos in May & June
Four LNG cargos will be supplied in May, while the remaining two are likely to be imported in June, said sources
PSM agrees to exchange 5,774 acres land for settling its debts
Islamabad: Pakistan Steel Mills woes worsened further as it was reported that its two largest creditors, National Bank of Pakistan and Sui...
Turkey seeks global funding help to gird against lira shock
ANKARA: Turkey's government has appealed to foreign allies in an urgent search for funding, three senior Turkish officials said, as it prepares...
‘Govt’s reform package to promote domestic supply, reduce imports’
Finance minister says usual negotiations with IMF currently underway, but 'govt will only take decisions that benefit economy'
ISLAMABAD: Finance Minister Asad...
Caretaker govt fails in recommending gas prices proposed by OGRA
ISLAMABAD: Two state-owned gas utilities, SNGPL and SSGCL are facing with severe financial constraints while the caretaker government has so far not...
Bears tighten grip on PSX, index sheds 294 points
KARACHI:Â Bears tightened their grip on the Pakistan Stock Exchange (PSX) as soon as the session commenced on Monday. Indices kept shedding gains...
British Airways team to assess security measures in Islamabad next week
British high commissioner says the return of BA reflects great improvements in the security situation of Pakistan in recent years
A British Airways team,...
Pakistan, Iran agree to enhance bilateral trade
ISLAMABAD: An Iranian delegation, led by Industries, Mines and Trade Minister Reza Rahmani, called on Adviser to Prime Minister on Commerce Abdul...
Govt fears difficulties at FATF as Senate body rejects amendment in law
Senate body expresses concerns over amendment that empowers FIA to arrest anyone carrying over $10,000 in the country
Exporters urged to tap Russian market
'Apart from oil and gas, Russia is meeting over 95pc of its needs through imports'
ISLAMABAD:Â A delegation of Pakistani entrepreneurs working in Moscow...