China can speed up financial sector opening, official says

BEIJING: China can speed up the opening of its financial sector if the United States is unhappy with the pace because it will...
Dr-Hafeez-Shaikh

Govt taking institutional measures to speed up CPEC projects, says Hafeez Shaikh

ISLAMABAD: Advisor to Prime Minister on Finance and Revenue Abdul Hafeez Shaikh on Friday said that the government is taking several institutional...

Government taking steps for revival of sick industrial units: State Minister for Finance

ISLAMABAD: Minister of State for Finance Rana Muhammad Afzal Khan has said that the government is taking various steps for the revival of...

Ahsan Iqbal urges Huawei to open R&D centre in Pakistan

Minister for Planning, Development and Reform Ahsan Iqbal urged the Chinese leading IT manufacturer Huawei to open a research and development centre...

‘Confiscated cellphones could be released after payment of duty’

The government announced on Wednesday that mobile phones that have been seized or voluntarily presented to Customs authorities after January 15, could...

SECP to initiate action against financial pundits online

The Securities and Exchange Commission of Pakistan (SECP) has taken the decision to take stern action against people who act as financial...

Sugar policy: Ministry seeks proposals from provinces, PSMA 

The federal government has started work on first-ever sugar policy in order to streamline the sector.  The informed sources said that the Ministry...

All CPEC projects including ML-I are progressing smoothly: PD

ISLAMABAD: Progress on all projects under China Pakistan Economic Corridor (CPEC) including up-gradation of Main Line-1 (ML) railway track is going smoothly and without any...

‘Govt striving hard to address low gas pressure issue’

ISLAMABAD: Petroleum Minister Ghulam Sarwar Khan said on Tuesday that steps were being taken to rectify the problem of low gas pressure faced...

PARC trains 100,000 farmers in last 4 years

ISLAMABAD The Pakistan Agriculture Research Council (PARC) has trained about 100,000 farmers of rice, wheat, maize and sugarcane crops across the country during...

Govt to project 6.2 percent GDP growth rate for next financial year

ISLAMABAD: The outgoing government is set to give go-ahead for upcoming financial year’s macroeconomic framework, which projects inflation at 6 percent and...

Cabinet body mulls ways to reform bad-performing SOEs

Finance ministry attributes the poor performance of state entities to 'lack of technical expertise and specialised skills, excessive interference, and over-regulation by multiple govt agencies'

Govt’s double standards over PIA divestment continue

LAHORE: The government backing off from its previous stance apprised National Assembly it still wants to sell its 26 percent equity stake...

Shariah Compliant sector expected to touch $17.6b by 2018

Islamic banking services will maintain its growth push in Pakistan, as assets of Shariah compliant sector will touch $17.6b by 2018, as...

Pakistan, Thailand to hold FTA talks in December

A senior official of the commerce ministry said Pakistan would get benefits of $250 million after signing the FTA with Thailand