Gwadar port development project progressing well: NDRC spokesperson

BEIJING: China is a major investor in Gwadar and has so far spent $248 million in the first phase of the development...

New load-shedding schedule for industrial sector unacceptable: FPCCI

ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Thursday said the new schedule of ten-hour load shedding for...

Participants oppose gas price increases for SNGPL and SSGCL

ISLAMABAD: Opposing SNGPL’s and SSGCL’s plea to increase their gas prices for the financial year (FY) 2018-19, participants of OGRA’s hearing have...

CCP imposes penalty on Shainal Foods for copyrights infringement 

Shainal Foods was imitating the logo, packaging, colour scheme and design of National Food’s products

ADB for stronger public-private partnerships in Pakistan

ADB is already providing a total of $200 million in loans for projects supporting PPPs in Punjab and Sindh.

Govt focusing on enhancing exports to strengthen economy: Miftah

Minister for Finance Miftah Ismail has said that country's exports have increased while imports are decreasing due to effective policies of the government.

Ministry of Planning launches new initiative to improve productivity in mines

Cluster Development Based Mineral Transformation Plan, costing Rs62.21 million, has been launched under Vision-2025 and would increase value addition and create jobs in the mineral sector

Kenyan digital payment company planning to open operations in Pakistan

Till March this year, 10 percent of the transactions or $24 million being handled by BitPesa included countries in Asia

TAPI gas pipeline to fulfil international, local environmental laws

ISLAMABAD: Parliamentary Secretary for the Ministry of Climate Change Romina Khurshid Alam said the government is making efforts to ensure that the...

Digital Pakistan policy set to be submitted for go-ahead

Ms Anusha Rehman said growth rate of exports has jumped to 125% over the last five years, adding that the IT industry is not only growing in terms of the number of companies and revenue but also in exports and workforce on a yearly basis

Draft ferry policy to be submitted for approval in next cabinet meeting

As per this draft policy, no duty and taxes would be applicable on ferry services and on the procurement of a ship for introducing the service in Pakistan

FCCI planning visit to GB for exploring investment opportunities

FAISALABAD: The business community from Faisalabad is contemplating to take a delegation to Gilgit-Baltistan for exploring investment opportunities after the end of...

Industries to bear ten-hour power outages in Ramzan

Former APTMA chairman Ijaz Gohar said exports could nosedive by $500 million a month if the 10-hour power outages schedule got enforced

Pakistan’s external debt shoots up, touches record high of $91.8 billion

IMF’s first post-programme monitoring report reveals the country’s gross external debt in terms of exports in 2013 was 193.2 percent, which is expected to touch 316 percent by June this year

WTO dispute settlement body rules in favour of Pakistan in chemical export case

The World Trade Organization (WTO) had decided in Pakistan’s favour in July last year and held measures adopted by the European Commission on the export of PET (Polyethylene Terephthalate a chemical used in the making of mineral water bottles) against WTO law and rules