Pakistan’s economic profile luring foreign investments: Ahsan Iqbal

  Pakistan’s remarkable economic turnaround and its historic success against the menace of terrorism in the past three years is luring international businessmen which now...

Tariq Bajwa appointed as Finance Secretary

The government has appointed Tariq Bajwa, a BS-22 officer of Secretariat group as Secretary Finance Division on Friday. The notification issued by the Establishment Division...

Chinese firms eye Pakistan amid Beijing’s ‘Silk Road’ splurge

  Chinese companies are in talks to snap up more businesses and land in Pakistan after sealing two major deals in recent months, a sign...

SBP governor directs banks to focus on agriculture credit

    State Bank of Pakistan Governor Ashraf Mahmood Wathra has urged the banks to understand the needs of the economy and focus on agriculture financing...

OMCs’ sales up by 8pc in January

    Oil Marketing Companies (OMC) sales remained slightly lower than estimates at 8 per cent in January 2017 compared to last January of 2016, while...

Engro Foods posts PAT of Rs 2.386b in 2016

    The Engro Foods (EFOODs) on Friday announced full year net profit after tax (PAT) of Rs 2.386 billion in 2016 down by 25 per...

TDAP responsible for falling exports, say exporters

    In a scathing criticism on the annual performance of the Trade Development Authority of Pakistan (TDAP), exporters have said that the export promotion agency...

PSO’s liquidity position causes Rs 60b loss to exchequer

  Liquidity position of Pakistan State Oil (PSO) has further worsened as banks have imposed Rs 60 billion heavy penalty on state-owned oil giant (PSO)...

Mian Mansha brings Hyundai cars back to Pakistan

South Korean carmaker Hyundai Motor Co is expected to resume assembling of cars in Pakistan, according to a statement sent to PSX by Nishat...

Lobbying in the ruling party delays appointment of finance secretary

A disagreement within the ruling PML (N) party has delayed the appointment for the permanent slot of federal finance secretary, reported a national daily....

 Tax collection falls short of target despite a 7pc rise

The tax collection rose by 7pc to Rs 1.7 trillion in the first seven months of the current fiscal year but it has continued...

SBP to issue Rs50 coin in commemoration of Late Abdul Sattar Edhi

State Bank of Pakistan will issue a Rs 50 coin in commemoration of the late Abdul Sattar Edhi in March 2017 as an appreciation...

SAARC commerce and industry delegation calls on Sartaj

Adviser to the Prime Minister on Foreign Affairs Sartaj Aziz reaffirmed Pakistan's commitment to regional cooperation under the umbrella of the South Asian Association...

Fed govt spends Rs 363bn on development in 2016-17

The government has so far released Rs 2,342 billion for various projects of the finance division out of a total allocation of Rs 9,115...

Pak exports to European Union rise 37%

Pakistan's exports to the European Union (EU) rose by 37% during the last three years on the back of the Generalised Scheme of Preferences...

Popular News

Pakistan to export cigarettes worth $50m for the first time

ISLAMABAD: Although Pakistan has been exporting tobacco and tobacco products to various countries, now for the first time, the country is going to export...

Latest News

Multan-Sukkur motorway inauguration delayed as China wants grand opening

ISLAMABAD: Opening of the longest motorway in Pakistan— between Multan and Sukkur, was expected this month but has been delayed for another three to...