Punjab Food Authority declares 61 ghee, cooking oil brands ‘unhealthy’

PFA has declared 61 ghee and cooking oil brands unhealthy for usage and has further seized 47,233 litres of ghee and cooking oil

Rs607 bn released for development projects under PSDP 2017-18

ISLAMABAD: The government has released over Rs607.44 billion under its Public Sector Development Programme (PSDP) 2017-18 for various ongoing and new schemes...

Federal govt borrows Rs4.8trn from banks in 9MFY24

Govt plans to borrow Rs 5 trillion in the final quarter (April-June) of FY24 

Cigarette revenue plummets as illicit trade evades taxes worth Rs240b annually

Pakistan is reeling from a staggering loss of Rs. 240 billion annually due to rampant tax evasion by illicit cigarette traders, according...

Foreign Direct Investment in Pakistan surges 52% to $258mn in March 

FDI inflows in 9MFY24 decreased by 9.7%, with a notable decline from China and the UAE

Sri Lanka parliament approves domestic debt restructuring plan

Sri Lanka's parliament approved a domestic debt restructuring plan on Saturday that is crucial to continue a $2.9 billion bailout from the...

Pakistani authorities seek “Plan B” amid uncertainty over IMF program

ISLAMABAD: On Wednesday, the United States inquired with Pakistan about its backup plan in case the International Monetary Fund (IMF) program concludes...

FIA seeks fact-finding report over inquiry of corruption in PSQCA

ISLAMABAD: Federal Investigation Agency (FIA), which had earlier started an inquiry into corruption and illegal appointments at Pakistan Standard Quality Control Authority...

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...

Women participation in labour force 4.3pc, gender gap wider than before: World Bank

KARACHI: Institute of Business Management's (IoBM) Head of Economics, Shahida Wizarat, says women don’t face gender-based discrimination in effluent classes but the same...

SBP raises interest rate by 100bps to 13.25pc

--SBP governor says decision taken keeping in view upside inflationary pressures from exchange rate depreciation KARACHI: The State Bank of Pakistan...

FAO trains 400 Baloch women in agri-entrepreneurship

ISLAMABAD: Food and Agriculture Organization (FAO) of the United Nations, in collaboration with the Australian government's Department of Foreign Aid and Trade (DFTA),...

PM Khan says development of construction sector key to economic stability, growth

ISLAMABAD: Prime Minister Imran Khan on Thursday said that the development of the construction sector is the key to stability and growth...

Establishment of packaging plant in Gadoon to bring Rs2.5b investment

PESHAWAR: Chief Executive Officer of Khyber Pakhtunkhwa Economic Zones Development and Management Company (KPEZDMC), Saeed Ahmad Khan on Friday said that establishment...

Has CPEC hit a major roadblock?

China’s infrastructure building spree across the nation seems to have been halted due to Pakistan’s inability to pay its loans