Ending electricity shortage accelerated industrial development: MPs

LAHORE: Pakistan Muslim League-Nawaz (PML-N) parliamentarians and leaders on Sunday said the government has ended load-shedding in the country and provision of...

Friendly policies demanded to boost small businesses

KARACHI: The Union of Small and Medium Enterprises (UNISAME) invited the attention of Small Medium Enterprises Development Authority (SMEDA) CEO Sher Ayub...

Federal budget 2018-19 to be business friendly: Rana Afzal

FAISALABAD: State Minister for Finance Rana Muhammad Afzal Khan on Saturday said the federal budget 2018-19 will be business friendly and utmost...

PICIIP an important initiative for development of Sialkot, Sargodha, RYK: Kiyoshi Nakamitsu

LAHORE: Punjab Intermediate Cities Improvement Investment Programme (PICIIP) is an important initiative for the composite development of Sialkot, Sahiwal, Rahim Yar Khan,...

Iran deepens freight discount to boost oil sales to India

NEW DELHI: Iran has offered to raise the freight discount on oil sales to India in return for New Delhi agreeing to...

Careem acquires Middle East online restaurant listing platform, to trial food delivery

DUBAI: Careem, a Middle East competitor to Uber Technologies, said on Sunday it had acquired RoundMenu and would start trialling food delivery services...

Large scale manufacturing posts 5.5pc growth in six months

ISLAMABAD: The country’s Large Scale Manufacturing (LSM) sector has witnessed a growth of 5.5 per cent during July-December 2017-18 compared to the...

UK economy has a lot to offer to Pakistani businessmen: Lord Nazir

LAHORE: British Parliament Member Lord Nazir Ahmed said on Saturday that many sectors of United Kingdom’s economy had vast space for Pakistani...

Pakistan joined trillion-dollar economies club in 2017: Pervaiz Malik

ISLAMABAD: Commerce Minister Pervaiz Malik Saturday visited Ontario Chamber of Commerce and briefed its president and body members about economic opportunities in...

OECD treaty regulations bar member nations from prosecuting its nationals

ISLAMABAD: According to regulations of the Organisation for Economic Co-operation and Development (OECD) agreement, no member nation can prosecute its nationals for having...

Government contemplating withdrawal of electricity surcharge for Punjab’s textile industries

LAHORE/KARACHI: Punjab and federal governments are contemplating to provide energy pricing subsidies to textile manufacturers to make them more competitive in international...

Pakistan among top five emerging economies in the world: Ahsan Iqbal

OSLO: Pakistan has become one of the top five emerging economies in the world, said Minister for Planning, Development and Reform Ahsan Iqbal. Iqbal,...

Govt may temporarily reverse import policy on import of new/used cars

ISLAMABAD: The government is contemplating a reversal of Economic Coordination Committee’s (ECC) decision to lift moratorium on import of three-year old used...

Govt allows PSO to import furnace oil for power sector after three-month ban

ISLAMABAD: The government lifted a three-month ban on import of furnace oil as it directed state-owned Pakistan State Oil to ensure import...

Pakistan obtains another $500 million loan from ICBC

ISLAMABAD: Pakistan has obtained another $500 million loan from Industrial and Commercial Bank of China (ICBC) due to dwindling foreign exchange reserves and...