Govt to revive PSM under public-private partnership

'The rights of PSM employees will remain intact and all existing workers will be retained' ISLAMABAD: Advisor to Prime Minister on Commerce Abdul...

HBL keeps expectations intact

Habib Bank Limited (HBL) announced its CY16 results today, posting earnings of Rs 31.8 billion and earnings per share (EPS) of Rs...

‘Pakistan desires to make Ethiopia a gateway to African exports’

PM's adviser says commerce ministry will soon open a commercial section in Pakistan's Embassy in Addis Ababa Ethiopian minister says his...

Seven latest locomotives reach Pakistan from US

  A consignment of seven new modern locomotives has reached Karachi from the United States to reinforce Pakistan Railways’ existing fleet. “Pakistan will receive...

Minimum taxable income revised in budget

Hammad Azhar says non-filers are no more restricted from purchasing property and can buy an estate of over Rs5m ISLAMABAD: The minimum taxable...

Showroom of Pakistan’s first electric car company inaugurated in Lahore

LAHORE: Pakistan in collaboration with China recently introduced the first-ever electric car company, Topsun Motors, in Lahore. Punjab Minister for Housing, Urban Development...

CCE gives nod to establishment of 1200 MW LNG power plant

ISLAMABAD Cabinet Committee on Energy (CCE), Tuesday, accorded approval to establish 1200 megawatt Liquefied Natural Gas (LNG) based power plant in the country and...

Pakistan partners with USAID to streamline trade and customs procedures

KARACHI: The United States Agency for International Development (USAID) and the Government of Pakistan’s Federal Board of Revenue partnered to host a...

Govt to establish more technology parks, says Awan

ISLAMABAD: Special Assistant to PM on Information and Broadcasting Firdous Ashiq Awan on Tuesday said the government is determined to establish more technology...

Hike in policy rate to strangulate investments: FPCCI

KARACHI: Keeping in view the prevalent inflation, devaluation of currency and twin deficit in Pakistan, Federation of Pakistan Chambers of Commerce and...

Indus Motor’s contributions to economy lauded

IMC chief urges govt to encourage local manufacturing of auto parts as it will generate employment and create a sustainable value...

Record rupee devaluation pushes total debt & liabilities to shoot up by Rs900 billion

An official stated the latest round of devaluation and exchange rate would assist in reducing the import bill which stood at a record $60.9 billion in the preceding FY18 and rein in current account deficit

At least Rs35bn to be released for Karachi’s development: Asad Umar

--'The impression that govt is fast-tracking Karachi projects under MQM’s pressure is completely wrong' --'Govt chalking out a three-year National Growth Strategy to...

PM orders ’emergency’ measures to address energy, petroleum woes

ISLAMABAD: Prime Minister Imran Khan on Thursday ordered to devise an emergency programme to address the energy and petroleum sectors' challenges and to...

Trump at odds with strengthening U.S dollar

The U.S. dollar has been climbing against major currencies for several months, with the dollar index up nearly 7.0 percent over the last three months and on Thursday hit a one year high