LSM posts 9.44 percent year-on-year growth
KARACHI: Data released by the Pakistan Bureau of Statistics on Friday revealed a 9.44 percent year-on-year rise during January in large-scale manufacturing...
Pakistan-China FTA on verge of finalization
ISLAMABAD: Rising disparity in bilateral trade and revenue losses will be witnessed as both Pakistan and China have reached an agreement to...
FBR initiates drive of obtaining property owners data from realty dealers to expand tax net
KARACHI: The Federal Board of Revenue (FBR) on Friday initiated the drive of obtaining financial and personal data of property owners from...
JICA delegation visits ICCI, discusses reforms in key economic sectors
ISLAMABAD: A delegation of experts from Japan International Cooperation Agency (JICA) working for various government organisations in Pakistan visited Islamabad Chamber of...
Power ministry orders inquiry against overbilling
ISLAMABAD: Ministry of Power Division has ordered an inquiry against Hyderabad Electric Supply Company (HESCO) Chief Executive on sending high electricity bills...
All set to establish Investment Board in AJK
ISLAMABAD: Prime Minister AJK Raja Farooq Haider Khan says all necessary arrangements have been finalised for the establishment of an Investment Board...
Pakistan’s foreign exchange position stable: spokesman finance division
ISLAMABAD: The Finance Division Spokesman has said that the foreign exchange position of Pakistan is stable and the news titled "Pakistan's net...
Businessmen will soon be allowed to invest in Australia: Adamson
ISLAMABAD:Â Australian High Commissioner to Pakistan in Islamabad, Margaret Adamson has said a policy will soon be announced regarding the issuance of...
PIAF rejects government’s plan to raise gas prices
LAHORE: Pakistan Industrial and Traders Associations Front (PIAF) has rejected plans by the government to increase gas prices by 5 to 7 per...
FBR urged to withdraw discretionary powers of IR officials: FPCCI
ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) in its proposals being prepared by the Budget Advisory Council under...
Energy sector debt out of control
ISLAMABAD: For the first time in the history of the country, circular debt in the power sector has crossed a staggering figure of Rs977 billion.
According...
IMF’s concerns about the economy are correct, Miftah Ismail
ISLAMABAD:Â Speaking to media at the Ministry of Finance, Advisor to the Prime Minister on Finance, Revenue and Economic Affair Division Miftah Ismail...
FDI jumps to 15.6pc, adding $262.5 mn from last year
KARACHI: Foreign Direct Investment (FDI) in the first eight months of 2017-18 amounted to $1.94 billion, up 15.6 per cent or $262.5...
Facebook introduces new features for Pakistani market
KARACHI: With the expansion of broadband internet services in Pakistan, technology companies like Facebook are taking keen interest to enhance their user...
Toyota to increase car prices amidst rupee devaluation
MUZAFFARABAD: The rupee devaluation has made it unsustainable for the Indus Motor Company (IMC) to operate under the present prices of its...