PTI govt to start construction of TAPI pipeline
The government-owned Inter-State Gas Systems is responsible for executing all oil and gas pipeline projects
Pakistan secures $200 million loan from Standard Chartered to finance LNG imports
During FY18, Pakistan imported $2.5 billion of LNG to operate power plants and was 87 percent higher than FY17, as per data released by Pakistan Bureau of Statistics (PBS)
Pakistani nationals residing in UAE topped in availing foreign tax amnesty scheme
According to Chairperson Federal Board of Revenue (FBR), Rukhsana Yasmeen there were total declarations of 82,848 people of which 5353 were availed under foreign tax amnesty and 77,845 availed domestic amnesty
Finance Minister chairs NEC meeting to outline steps for FATF action plan
ISLAMABAD: Finance Minister, Dr Shamshad Akhtar chaired a meeting of the National Executive Committee (NEC) here on Thursday.
NEC is a high-level body established to...
Switzerland never offered to return Pakistanis’ assets in its banks: FBR
ISLAMABAD: The Federal Board of Revenue (FBR) has refuted that Switzerland never offered to return even a single dollar of Pakistanis deposited...
SBP’s foreign reserves increase by $10,350m in one week
LAHORE:Â According to a notice by the State Bank of Pakistan (SBP), the total liquid foreign reserves held by the country stood at...
Consumer prices for LPG raised by Rs7 per kg
ISLAMABAD: According to notifications issued by the Oil and Gas Regulatory Authority (OGRA), the consumer price for LPG has increased by Rs7...
Asad Umar considers massive privatisation drive via ‘wealth fund’
ISLAMABAD: Asad Umar, the man most likely to be the next finance minister of Pakistan, in an interview with the Financial Times,...
NEPRA to approve modification in FIPL’s generation license
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) is set to take up proposed modifications in the power generation license of Fimcotex...
Engro Powergen Thar successfully tests, energises power plant
KARACHI: Engro Powergen Thar Limited (EPTL) Chief Executive Officer Ahsan Zafar Syed has announced that Pakistan has made history by achieving successful...
Foreign reserves enough to meet payments, PML-N govt’s budget ‘unrealistic’: Dr Shamshad Akhtar
ISLAMABAD: Caretaker Minister for Finance, Planning, Development and Reforms Dr Shamshad Akhtar Thursday said, currently foreign exchange reserves of the country stood...
Country’s dollar reserves jump by $1.339b to $17.079b
KARACHI: The dollar reserves of the State Bank of Pakistan (SBP) jumped by $1.339 billion during the last week and stood at...
Market Daily: KSE-100 closes in red after a shaky session
LAHORE: The Pakistan Stock Exchange (PSX) witnessed another jittery session on Thursday. The indices, after a decent beginning to the session, went...
SECP registers 1,076 new companies in JulyÂ
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) registered 1,076 new companies in July.
As compared to the corresponding month of the last financial...
Pakistan to decide on $12 billion bailout in six weeks
Asad Umar says no formal talks held as yet
ISLAMABAD: Pakistan may need more than $12 billion to halt an impending financial crisis...