Heavy bikes imports surge 150 percent
KARACHI: Heavy bike imports have recorded a major surge due to major demand from Sindh and Punjab governments.
This increase in demand of...
Iran seeks $1.2 billion damages for shelving of IP gas pipeline
ISLAMABAD: Pakistan now faces another international arbitration case as Iran threatened to take the country to The Hague for unilaterally shelving the...
Govt committed to implementing reform agenda in BOI
ISLAMABAD: The government is committed to implement reform agenda in Board of Investment (BoI) for ensuring ease of doing business for local...
Pakistan and KSA reaffirm commitment to strengthen trade ties
RIYADH: “Saudi Arabia views Pakistan as one of the top destinations for making investments,” said Kingdom of Saudi Arabia Deputy Minister for...
Pakistan to reach ‘tipping point’ for cloud transformation in 2018, claims SAP
LAHORE: In 2018, Pakistan will reach the “tipping point” for the cloud transforming industry verticals, and citizen and customer experiences, digital transformation...
Japan provides $7.7mn to support FMD control, reduce poverty in FATA
ISLAMABAD: The government of Japan would provide an amount of $2.7 million and $5 million respectively for Food and Agriculture Organisation (FAO)...
US to assist Pakistan in establishment of Renewable Energy Institute and formulation of energy policy
ISLAMABAD: The United States will explore ways and means to assist the Power Division in the establishment of Pakistan’s First Renewable Energy...
Pakistan Railways prepositions itself for CPEC
ISLAMABAD: The second Inter-Ministerial Meeting on the improvement of rail connectivity with Karachi Port Trust (KPT), Bin Qasim (BQM) and Gawadar was...
SECP holds sessions under ease of doing business reforms agenda
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) on Tuesday organized two sessions with contributors under ease of doing business reforms...
Senate committee expresses concerns over special treatment to Chinese companies
ISLAMABAD: As the concerned ministries failed to justify the special exemption on taxes being given to Chinese companies under China Pakistan Economic...
Market Daily: Turbulent session settles positive
LAHORE: The Pakistan Stock Exchange (PSX) witnessed another uncertain session on Tuesday, recovering losses midday. In midst of political turmoil, investors remained...
Pakistan rated as top destination for Japanese investors
TOKYO: In a survey released by Japan External Trade Organisation (JETRO) this month, Pakistan was ranked top in Asia for Japanese investors.
Board...
Gwadar Expo showcased security threat instead of investment opportunities: Report
LAHORE: The Gwadar Expo held last month attracted over 8,000 delegates but was held in a climate of fear instead of being...
Parliamentary panel pushes resolution to clear Rs505m salaries of PSM employees
ISLAMABAD: To clear salary arrears of Rs505 million of Pakistani Steel Mills’ (PSM) employees, Senate Standing Committee on Industries has sent a...
Pakistan tweaks rules in accordance with OECD to restrict tax avoidance
ISLAMABAD: Pakistan has tweaked its legal framework in accordance with Organization for Economic Cooperation and Development (OECD) for restraining tax avoidance by...