Govt releases Rs233bn for development under PSDP

Rs86.5bn released for federal ministries, Rs111bn for corporations, and Rs25.6bn for special areas ISLAMABAD: The federal government has released Rs233.4 billion against the...

Textile industrialists get stay order on new power bills

LAHORE: Owners of textile export industries have managed to get the court's stay order on new power bills being prepared under new...

Govt presents finance bill amid ruckus in NA

–Third finance bill aims at encouraging investment, exports, promoting ease of doing business –Super tax on non-banking companies abolished, interest on agri loans...

Daily market report: PSX settles close to 46000pts

LAHORE Finally, it was a good trading session at the Pakistan Stock Exchange (PSX), as the benchmark KSE 100 index settled close to...

PM constitutes 3-member committee to probe sugar crisis

A three-member committee has been constituted to probe the recent countrywide hike in sugar prices. According to a document issued by the Prime...

Saudi Crown Prince’s visit to bring major investment in Pakistan

Saudi Arabia and its Gulf partner, the UAE, have already deposited $3 billion each in Pakistan’s central bank to help resolve a balance of payments crisis and shore up its declining rupee

Neelum-Jhelum Unit 4 hits snags days after passing trial runs

The NJHP’s unit-4 had started trial generation last month and it continues to pass through various tests required for commercial operation. The unit has injected more than 1.3 million units of electricity during the test run

CCP gears up against cartels, price fixing

ISLAMABAD In order to promote healthy business competition in the country, the Competition Commission of Pakistan (CCP) has taken a number of actions...

As trade deficit declines, export growth disappoints

Growth in imports has stalled, but the rise in exports has failed to deliver tangible results and should be a cause of concern for the government

PAAPAM approaches court against dissolution of EDB

ISLAMABAD: As the automotive and parts manufacturers have so far been unsuccessful in convincing the government to review the dissolution of the...

Eight round of FTA talks between Pakistan, Thailand to be held from Aug 21-23rd

Islamabad: The eighth round of talks between Pakistan and Thailand will be held here from August 21 to 23 in an attempt...

Tax amnesty scheme’s success contingent on apex court decision

Till now, around Rs10 billion have been declared under the tax amnesty scheme announced early last month and Rs500 million has been collected as tax

Enhancing exports top priority of govt: Commerce Minister

Islamabad: The Minister for Commerce and Textile Muhammad Pervaiz Malik on Tuesday said it was the government’s top priority to enhance the...

Business community calls for prudent govt policies amid corona scare

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Mian Anjum Nisar has urged the government to take preventive measures...

Razak announces coronavirus relief package for exporters 

Advisor to Prime Minister for Commerce, Textile, Industry, Production and Investment Abdul Razak Daewood has assure exporters the government is fully aware...