Govt gives go-ahead to construct Diamer-Bhasha dam

ISLAMABAD: After a prolonged delay, Pakistan on Monday gave go-ahead for the establishment of Diamer-Bhasha dam at an initial cost of Rs625...

PSX officials express hope govt to resolve tax problems affecting bourses growth

KARACHI: A meeting held between Pakistan Stock Exchange’s (PSX) officials and Adviser to Prime Minister on Finance Miftah Ismail was held on...

POL products’ consumption up by 9.7 pc, production by 3.2 pc

ISLAMABAD: The consumption of petroleum products registered a growth rate of 9.7 per cent during the fiscal year 2016-17 as compared to...

Tractor production grew by 50.23 pc in seven months of current FY

ISLAMABAD: Tractors manufacturing in the country witnessed 50.23 per cent growth during first seven months of the current financial year as compared...

Telecom sector grows at rapid pace in four years

ISLAMABAD: Growth momentum of the telecommunications sector in the country has grown at a rapid pace and undergone an impressive transformation over...

BISP, NRSP sign $35 mn agreement on business incubation programme

ISLAMABAD: Benazir Income Support Program (BISP) and the National Rural Support Programme (NRSP) Monday signed a Memorandum of Understanding (MoU) to lay out...

One-window operation urged to avoid unnecessary delays in CPEC execution

ISLAMABAD: The government remains optimistic about CPEC amidst provincial and regional concerns of tax exemptions to a Chinese company and lack of clarity...

China, Belt and Road countries’ trade volume amounted to $1.1 trillion last year

BEIJING: Last year, trade volume between China and countries along the Belt and Road amounted to $1.1 trillion, up 14.8 per cent...

CPEC instrumental for economic prosperity in the region: Masood Khan

MIRPUR: Azad Jammu and Kashmir President Sardar Masood Khan Monday said China-Pakistan Economic Corridor (CPEC) was instrumental in the economic prosperity of...

Govt depending on non-tax revenue, borrowing to generate surplus budget: APBF

LAHORE: The All Pakistan Business Forum (APBF) has asked the government to take immediate measures as Pakistan’s medium-term debt repayment capacity has...

PCJCCI identifies potential sectors for Pak-China joint ventures

LAHORE: Pak-China Joint Chamber of Commerce and Industry (PCJCCI) has identified seven high potential sectors for joint ventures and investment between Pakistan...

Finance Ministry to set up separate division for Islamic banking: Miftah

KARACHI: Advisor to the Prime Minister on Finance and Economic Affairs Miftah Ismail Monday said the Ministry of Finance would soon set...

CDWP approves 34 projects worth Rs365.492 billion

ISLAMABAD: Central Development Working Party (CDWP) has approved 34 projects worth Rs365.492 billion out of which five projects worth Rs333.179 billion were...

Inclusive policies for home-based workers, gender equality stressed

LAHORE: “Women entrepreneurship is the way to economic success. Home-based workers (HBWs) are the key to the economic growth but they go...

China assures protection of Pakistan’s local industry

ISLAMABAD: China's Ambassador to Pakistan, Yao Jing, called on Secretary Commerce Mohammad Younus Dagha on March 19. Secretary Commerce briefed the ambassador on the...