Asim Bajwa notified as CPEC Authority chairman

The federal government on Tuesday issued a notification for the appointment of Lt Gen (r) Asim Saleem Bajwa as the first chairman...

FBR chief vows to tighten noose around tax evaders

Federal Board of Revenue (FBR) Chairman Shabbar Zaidi said it had been made abundantly clear in the amnesty law that those who...

Exclusive: China tells banks to roll over local government debts as risks mount – sources

China has told state-owned banks to roll over existing local government debt with longer-term loans at lower interest rates, two sources with...

CPEC has changed the dynamics of Pakistan’s business & economic landscape

According to China Overseas Ports Holding Company (COPHC), Gwadar port's operator, some 20 companies in different businesses have already joined the Gwadar free zone with direct investment of 3 billion Chinese yuan (over 460 million U.S. dollars)
Imran Khan

PM constitutes ‘outreach committee’ to promote economic diplomacy

ISLAMABAD: Prime Minister (PM) Imran Khan, during a meeting on Wednesday, decided to constitute an ‘Economic Outreach Apex Committee’, to be headed...

NA body for early redressal of issues hampering mango export

PIA asked to facilitate consignments of perishable export items, as delays and cancellation of flights are causing losses to exporters

CCP recommends FBR to amend RFP clauses for tobacco track and trace system

KARACHI: The Competition Commission of Pakistan issued a policy note to the Federal Board of Revenue (FBR), with the recommendation to amend...

Pakistan to export cigarettes worth $50m for the first time

ISLAMABAD: Although Pakistan has been exporting tobacco and tobacco products to various countries, now for the first time, the country is going...

Banks express worries over tax amnesty scheme, may create legal wrangling

Commercial banks have expressed worries managing transactions of individuals availing tax amnesty scheme could cause it legal problems

Saudi companies urged to invest in Pakistan’s energy sector

ISLAMABAD: Adviser to Prime Minister on Commerce Abdul Razak Dawood has urged the Saudi companies to invest in the power sector in order...

Govt unable to control hike in sugar prices

ISLAMABAD Even though Finance Minister Ishaq Dar has taken notice of the sudden hike in sugar prices and has asked the provincial governments...

Agreements worth Rs4.8bn signed for low-income house financing

ISLAMABAD: In a ceremony held at the Pakistan Housing Conference, the Pakistan Mortgage Refinance Company Limited, in the presence of Prime Minister Imran...

Pakistan, IMF discuss bailout terms on video conference

Delegations of the Pakistani government and International Monetary Fund (IMF) discussed various terms regarding the unavoidable bailout package in view of the...

Stocks end flat amid low turnover

KARACHI: The Pakistan Stock Exchange (PSX) moved in a narrow range on Friday, with the benchmark KSE-100 Index ending flat amid low...

Gas shortfall: PM orders immediate inquiry against top management of SNGPL, SSGC

ISLAMABAD: Prime Minister Imran Khan has ordered the initiation of an immediate inquiry against the managing directors (MDs) of Sui Northern Gas...