OMV Pakistan divests upstream business to United Energy for $192 million
KARACHI:Â OMV AG, the Vienna-Austria-based integrated oil and gas company, has agreed to sell its upstream, exploration and production, business in Pakistan to...
FBR to re-investigate missing containers case, hold inquiries against corrupt officials
ISLAMABAD: The parliamentary panel on Wednesday recommended Federal Board of Revenue (FBR) to re-investigate the 265 missing containers case.
In a meeting, the...
FBR registers 17.65pc revenue growth in first 8 months
ISLAMABAD: Federal Board of Revenue (FBR) has collected Rs2259 billion revenue during the first eight months of the current fiscal year 2017-18.
The...
Punjab govt spent hefty amount for increasing yields: DC
SIALKOT: Sialkot Deputy Commissioner Dr Farrukh Naveed said on Wednesday the Punjab government had spent billions of rupees under various schemes to...
68th meeting of NA Standing Committee on Finance, Revenue and Economic Affairs held
ISLAMABAD: The 68th meeting of the Standing Committee on Finance, Revenue and Economic Affairs of the National Assembly was held here on...
Current Account deficit to reach $15-16 billion this year: MoF
ISLAMABAD: With a whopping increase by $4 billion, the current account deficit in this financial year is feared to reach $15 to...
President for expanding trade ties with Jordan
ISLAMABAD: President Mamnoon Hussain Wednesday while stressing the significance of trade between Pakistan and Jordan, said regular exchange of trade delegations could...
Market Daily: KSE 100 breaks 43,000 mark
LAHORE: The Pakistan Stock Exchange (PSX) closed positive for the second consecutive session, with the benchmark KSE 100 index gaining 244 points...
Pak-Philippines JEC discuss trade, energy, agriculture
ISLAMABAD: The Inaugural Session of Pakistan–Philippines Joint Economic Commission was held in Islamabad on February 27-28. The session was co-chaired by Secretary Economic Affairs...
Capacity building of Secretary Generals and office bearers of trade organisations
KARACHI: Chairman Central, Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) Shaikh Mohammad Shafiq appreciated the initiative taken by Director General Trade...
Karachi Fish Harbour to be redeveloped as per international standards: Sindh govt
KARACHI: The government of Sindh is keen to develop the Karachi Fish Harbour (KFH) as per international standards, and is willing to...
China sees Afghanistan as critical to retaining its hegemony over trade across Asia: Report
LAHORE: China is competing with India for geo-political influence in war-torn Afghanistan, as it moves ahead to forge closer economic ties and...
SBP expresses inability to trace/bring back money stashed abroad by Pakistani’s
ISLAMABAD: A State Bank of Pakistan report submitted to the apex court has expressed its inability to bring back money stashed overseas...
Petrol, diesel prices expected to go up by Rs3.56 & Rs6.99 per litre
ISLAMABAD: Petrol prices are expected to be jacked up by over Rs3.56 per litre, as diesel prices will also see a hike...
Pakistan’s budget deficit rose to 3.2 percent by mid-February 2018
ISLAMABAD: Pakistan’s budget deficit touched 3.2 percent of gross domestic product between start of July 2017 and mid-February 2018, officials revealed Tuesday.
These...