Pakistan’s trade deficit falls by 30pc to $11.64bn in six months

--3.21 per cent growth recorded in country’s exports in first half of ongoing fiscal year ISLAMABAD: While the figures of Pakistan Bureau of...

ICRU, private sector collaborate to resolve taxation issues

LAHORE: The Investment Climate Reform Unit (ICRU), Planning and Development, Punjab, held the first task force meeting, to address the taxation issues...

Nepra warns power outages won’t be eliminated by 2018

ISLAMABAD - National Electrical Power Regulatory Authority (NEPRA) has warned the government that loadshedding won’t be eliminated in 2018 and people will...

Cargo transporters end strike on govt assurances

KARACHI: Goods' transporters on Monday announced an end to their strike after holding successful negotiations with the federal government. The move comes after the...

Sindh eager to benefit from CPEC, says Murad Ali Shah

KARACHI: Sindh is eager to gain maximum benefit from China-Pakistan Economic Corridor (CPEC) as the revelation of the full plan for the corridor...

Over 46pc under-invoicing recorded in IT imports, Senate body told

'Apart from 35 million mobile phones, oil worth $2bn is being smuggled into Pakistan every year'

Government to present Economic Survey 2017-18 based on 6 to 8 months data

ISLAMABAD: Unlike the previous surveys, this year the Economic Survey of 2017-18 to be presented on Thursday will be based on highly...

Dar takes notice of spike in value of USD versus PKR

ISLAMABAD The Finance Minister, Senator Mohammad Ishaq Dar, during an emergency meeting of the officials of finance division, has taken notice and expressed...

Qatar lifts ban on import of Pakistani rice

Lifting of ban is expected to provide additional $40-50 million to Pakistan if quality is maintained ISLAMABAD: Advisor to Prime Minister on Commerce...

Govt allocates Rs38b for construction of Hakla-Yark motorway

Islamabad: The federal government has allocated Rs 38 billion for the construction of Hakla on M-1 to Yark, Dera Ismail Khan Motorway...

EDB, NTC consult steel industry for tariff rationalisation

ISLAMABAD: As anomalies in the existing tariff regime are badly affecting the steel industry, the Engineering Development Board (EDB) and the National...

US-China trade talks begin, as Trump praises Chinese President Xi Jinping

The discussions, led by U.S. Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu He, are expected to cover a wide range of U.S. complaints about China’s trade practices, from accusations of forced technology transfers to state subsidies for technology development

Night navigation system launched at Port Qasim

Before this, the port was being used to get ships docked in the morning only Night navigation system for the large vessels...

CPEC could widen current account deficit: Moody

New York: Moody’s Investors Service has raised several questions pertaining to China-Pakistan Economic Corridor (CPEC) and said the mega project would widen...

Pakistan in talks with World Bank for assistance in tax system reform

Local reports said that the negotiations include conditions to set up a constitutional body for resolving tax disputes between the central and provincial governments, and also changing tax structure for the agriculture sector