Housing finance in Pakistan to become accessible, affordable: World Bank

ISLAMABAD:The World Bank on Friday approved $145 million to expand home ownership including women and the poor through access to affordable housing...

SBP’s monetary policy committee maintains interest rate at 6pc

KARACHI: The Monetary Policy Committee of the State Bank of Pakistan (SBP) has decided to maintain the benchmark interest rate at 6...

SDPI budget proposals 2018-19: Govt urged to pursue simplification of tariff regime

ISLAMABAD: As the government has decided to announce the budget on April 27, it has been urged to simplify tariff regimes and reduce...

Market Daily: Key policy rates remain unchanged, indices settle positive

LAHORE: On its last trading day of the week, the KSE 100 index witnessed a range bound session amid significant drop in...

Neelum Jhelum Hydropower project’s 1st unit to start generation on April 13

ISLAMABAD: The first unit of 969 MW Neelum Jhelum Hydropower project, located in Azad Jammu and Kashmir (AJK), will start supplying 470...

Telecom service providers are development partners of govt: minister

ISLAMABAD: Punjab Finance Minister Dr Ayesha Ghaus Pasha has said that the telecommunication service providers are development partners of the provincial government...

ACCA hosts thought leaders at ‘Pak Leadership Conversation’

ISLAMABAD: The Association of Chartered Certified Accountants (ACCA) is one of the world’s most forward-thinking global bodies of professional accountants, supporting its...

QASPL to be privatised despite NAB’s inquiry into alleged corruption

ISLAMABAD: The government of Punjab is still proceeding aggressively to privatise Quaid-e-Azam Solar Power Ltd. (QASPL) despite the institution being under investigation by...

Strong manufacturing base key to 7pc growth rate, says Haroon Akhtar

ISLAMABAD: Special Assistant to the Prime Minister on Revenue/Federal Minister Senator Haroon Akhtar Khan has said the government is aware of the need...

Contract for country’s first supercritical coal-fired power project in Jamshoro signed

JAMSHORO: The management contract of Jamshoro Coal-Fired Power Project was signed between the Jamshoro Power Company Limited (GENCO) and Siemens Harbin Electric...

OGRA approves Rs5.26 relief in petrol prices

ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) proposed a Rs5.26 per litre relief in prices of petroleum on Friday. In a detailed summary sent by...

CCoP expected to give clearance to K-Electric sale

ISLAMABAD: The Cabinet Committee on Privatization (CCoP) meeting scheduled for Friday is set to take-up and give clearance for K-Electrics acquisition by...

FBR proposes rise in taxes on edible oil imports

ISLAMABAD: A rise in taxes on import of edible oil in next financial year's budget for 2018-19 has been requested by the...

Punjab to impose 5 percent tax on Uber, Careem in upcoming FY 2018-19 budget

LAHORE: Punjab’s next financial year’s 2018-19 budget is expected to introduce taxes for ride-hailing services like Uber and also rent-a-car services. The provincial...

Irsa estimates 31 percent water shortage during early Kharif season

ISLAMABAD: Indus River System Authority (IRSA) has issued calls for the construction of two dams to counter the worsening water shortage which...