Pakistan suffering from Rs3.2t tax losses annually says: World Bank

Islamabad: A newly released report from the World Bank reveals that the Pakistani economy suffers tax losses of Rs3.2t annually which have been attributed...

Governments and companies assess impact of global cyber-attack

Paris: Companies and governments around the world on Wednesday counted the cost of a software epidemic that has disrupted ports, hospitals and banks. Logistics firm...

FPCCI stresses need for value addition in horticulture sector

ISLAMABAD -  Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Regional Chairman on Horticulture Exports Committee Ahmad Jawad Wednesday underlined the need for...

ICST appreciates government decision to slap duties on inessential imports

ISLAMABAD -  Islamabad Chamber of Small Traders (ICST) on Wednesday lauded the government for discouraging unnecessary imports. The decision to slap additional duties on...

Govt is uninterested in economic revival: PEW

ISLAMABAD: The Pakistan Economy Watch (PEW) on Wednesday said that government seems uninterested in the economic revival as it has focused all its attention...

Pakistan’s oil import bill up by 32.61pc in 11 months

Pakistan is an energy-hungry country, whose imports bill is consistently on the rise with every year and now its oil imports’ bill stands at...

Rs18b loans given out under PMYBL scheme

Islamabad: The State Bank of Pakistan released a quarterly report (Jan-March 2017) for the Prime Ministers Youth Business Loan (PMYBL) scheme last week. The...

Pakistan facing challenges to build economic corridor with China says: Ahsan Iqbal

Dalian: Pakistan faces some challenges in steering an ambitious plan to build an economic corridor with China despite the economic benefits for the country,...

World Bank approves mid-term review to support social sector development in Pakistan

Islamabad: The World Bank has approved a mid- term review to support social sector development for Pakistan in partnership with International Finance Corporation (IFC)....

Govt has put country on path of economic growth: Dastgir

ISLAMABAD Minister for Commerce Khurram Dastgir Saturday said the leadership of Prime Minister Muhammad Nawaz Sharif had put the country on the path of rapid...

Chinese government requested to review visa policy for Pakistani business community

Karachi: The Chinese government has been requested to review its business visa policy by the Pakistan Soap Manufacturers Association (PSMA) and Karachi Chamber of...

Five new discoveries expected to initially produce 70 mmcfd gas and 636 bpd oil

Islamabad: Ministry of Petroleum and Natural Resources on Friday said oil and gas exploration/production (E&P) companies, operating in different potential areas of the country,...

Pakistan received $7.747b of foreign assistance in FY 2016-17

Islamabad: Data released on Friday by the Economic Affairs Division (EAD) disclosed the government had received $7.747b of foreign aid during first eleven months...

FBR issues list of 88 countries for exchanging financial data

Karachi: A list of 88 countries has been notified and issued by the Federal Board of Revenue on Friday for auto swapping of financial...

LCCI voices concern over EDB closure

Lahore: The Lahore Chamber of Commerce and Industry (LCCI) has voiced concern over a decision to close the Engineering Development Board (EDB), which works under...

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Govt facilitates clearance of over 1,000 imported cars

ISLAMABAD: As the new conditions imposed by the government on the import of used cars have discouraged the importers, the Economic Coordination Committee (ECC)...

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