USAID and finance ministry renew ongoing cooperation for development in Pakistan

Islamabad: The United States will give an additional Rs 19 billion to create economic opportunities and pursue economic and political reforms that...

CPEC is BRI’s best performing project: Chinese envoy

Islamabad: Zhao Lijian, Deputy Chief of Mission at the Chinese Embassy in Islamabad Zhao Lijian Tuesday said China Pakistan Economic Corridor (CPEC)...

Horticultural exporters demand compensation for their losses after Brexit

ISLAMABAD: Exporters of horticultural products, who are highly dejected over being neglected in the budget 2017-18, have demanded compensation to the losses...

PSO suffers above Rs 38 billion during last nine years as finance cost of circular debt

ISLAMABAD: State-owned oil giant Pakistan State Oil (PSO) had suffered above Rs 38 billion as finance cost of the circular debt during...

LCCI for easing up historic trade deficit

Lahore : The Lahore Chamber of Commerce and Industry Tuesday took a strong exception to the historic trade deficit during the last...

Shale gas, oil centre established in Pakistan to facilitate E&P companies

Islamabad: Ministry of Petroleum and Natural Resources has established a Shale gas and oil centre to facilitate interested Exploration and Production (E&P)...

Gulf crisis puts $2b deals into jeopardy: Qatar

DOHA: The political crisis in the Gulf is putting at risk business deals worth $2 billion in Arab countries that have cut...

FBR may fail to meets its revenue collection target of Rs3.521b for FY 2016-17

Islamabad: The Federal Board of Revenue seems to be on course in failing to meet its revised revenue target of Rs3.521b till...

Govt releases Rs98.83m for various power and water projects

Islamabad: Out of a total allocation of Rs162,583.333 million, the government has released Rs98,839.233 million under annual Public Sector Development Programme (PSDP)...

APTMA to observe black day today across the country

Islamabad: The All Pakistan Textile Mills Association (APTMA) on Tuesday will be observing a black day all across the country in retaliation...

Micro-finance banks instructed to install biometric devices by year end says: SBP

Karachi: The State Bank of Pakistan (SBP) on Monday instructed micro-finance banks (MFBs) to make the use of biometric technology mandatory for...

Haveli Bahadur Shah power plant to start production next week

Lahore: Punjab Chief Minister Shehbaz Sharif inspected the 1,230-megawatt gas power plant in Haveli Bahadur Shah, Jhang during a visit on Monday. He...

Govt delays decision on issue of sugar exports

Islamabad: The government on Monday decided to put the decision on hold for sugar exports in an attempt to keep the commodities...

China offers to include Bhasha Dam project under CPEC

Islamabad: The National Assembly Standing Committee on Planning, Development and Reform was informed on Monday that China had offered Pakistan to bring...

Gulf neighbors blockade will “leave a lasting wound” says: CEO Qatar airways

Paris: The CEO of Qatar Airways said Monday that the blockade imposed on his country by Gulf neighbors “will leave a lasting...

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The spectacular decline of Hubco

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PM orders strict action against food adulteration

ISLAMABAD: Prime Minister Imran Khan on Thursday directed the concerned officials to collect a complete data of adulteration in various basic commodities and medicines...