Artistic Denim Mills production doubles, as Pakistani textile exports stagnate

KARACHI: In all the hurrah of stagnating textile exports from Pakistan, one company Artistic Denim Mills is setting itself apart from its...

Govt directed to actively chase matter of PIA Airbus sale to German company

ISLAMABAD: A sub-committee of the Special Committee of the Senate on performance of PIA has presented its report to the main committee...

Asia’s surging gas demand opens opportunity for LNG projects

NUSA: Soaring gas demand from China, India and Southeast Asia is sucking up an LNG supply glut previously expected to last for...

Govt terminates ADB sponsored AMI meter scheme

ISLAMABAD: Pakistan has refused to go-ahead with Asian Development Bank supported $5 billion drive of installing Advanced Metering Infrastructure (AMI) meters across...

Limiting Iranian fruit imports spooks up domestic exporters

KARACHI: Pakistan’s decision to limit fruit imports from Iran has spooked domestic exporters that neighbouring nations would respond back by enacting similar...

Govt gives go-ahead for establishment of jeep tracks in hilly terrains

ISLAMABAD: The range of development projects has been further broadened by the government as it would now include the construction of jeep...

Govt pursues go-ahead of NEC for preparation of 12th Five-Year Plan

ISLAMABAD: Incumbent government is pursuing go-ahead of National Economic Council (NEC) for preparing the 12th Five-Year Plan 2018-2023 which envisages economic growth...

Budget money was being unlawfully transferred to non-lapsable accounts: PAC

ISLAMABAD: The Public Accounts Committee (PAC) made a starling discovery on Wednesday that the ministries with collusion of finance secretary were unlawfully...

UK keen to invest in CPEC: Boris Johnson

ISLAMABAD: Interior Minister Ahsan Iqbal has said Pakistan is undergoing a remarkable transformation as a result of the improved security situation, impressive...

Govt to evolve comprehensive STPF -2018-23 for increasing country’s trade

ISLAMABAD: Ministry of Commerce and Textile Industry Federal Secretary Muhammad Younas Dhaga on Wednesday said that it was a priority of the...

NA body approves PSDP proposals, projects worth Rs8.455bn

ISLAMABAD: The National Assembly's Standing Committee on Finance and Revenue Wednesday approved the allocation of Rs 2.3 billion for its eight development...

NA committee recommends tax exemption for ZTBL farmers

ISLAMABAD: The National Assembly Standing Committee on Finance, Revenue and Economic Affairs has recommended income tax exemption to Zarai Taraqiati Bank Limited (ZTBL)...

400 Pakistanis put on FBR’s list for possessing real estate in UAE

ISLAMABAD: The Federal Board of Revenue (FBR) has listed 400 Pakistanis who own real estate in the United Arab Emirates (UAE), after...

Saudi airline Flynas to launch 14 direct flights to Pakistan

KARACHI: Flynas, a Saudi budget airline, is all set to launch 14 direct flights from the Kingdom’s airports to major cities in Pakistan...

Turkey seeks speedier conclusion of FTA with Pakistan

ISLAMABAD: Turkey-Pakistan Business Council (TPBC) has sought for a speedier conclusion of free trade agreement between the two countries, which would help...