Opposition assails govt’s in handout of agriculture loans to Punjab
ISLAMABAD: The government was assailed by the opposition on Tuesday in the National Assembly for its alleged favourable treatment in distribution of...
Pakistan, Canada strive improvement in bilateral trade
ISLAMABAD: A joint working group meeting between Pakistan and Canada would be held in Islamabad in March to remove obstacles in bilateral...
CPPA-G conversion to independent power operator to be decided in March
ISLAMABAD:Â Process for conversion of Central Power Purchasing Agency-Guarantee (CPPA-G) from its current role of billing and financial agent of distribution companies to...
Imports from South America outbalance exports from Pakistan to the region
ISLAMABAD: Pakistan’s trade deficit with South America continues to increase, as imports outbalanced the exports from the region during July-December 2017.
Pakistan’s imports...
Cabinet rebuffs request to reverse farmer-friendly payment policy
ISLAMABAD: A request to reverse the step of timely payments to sugarcane growers and avoid exploitation by millers has been rejected by...
Govt fails in meeting macroeconomic targets set under five-year plan
ISLAMABAD: The incumbent government has been unable to meet its major macroeconomic targets as set in the 11th five-year plan, but advancement...
Branchless banking transactions fall 2.47 percent in July-Sep
KARACHI: Figures released by State Bank of Pakistan (SBP) for branchless banking transactions during July-September quarter of FY 2017-18 had fallen 1.47...
First half FY 2017-8 service exports rise 4.72 percent
ISLAMABAD: The services exports during first half of fiscal year 2017-18 rose to $2.58 billion compared to the exports of $2.46 billion...
Rice business has the potential to become an industry in Pakistan: Matco director
KARACHI:Â Matco Foods Limited Finance Director Faizan Ghori, on Tuesday, said that rice which comes second in the list of most exported item...
Real estate sector amnesty scheme aimed at legitimising black money
ISLAMABAD: In an apparent wish to have an amnesty scheme for investors in the real estate sector, builders and developers have enquired...
Senate committee recognises telecom sector‘s contribution
ISLAMABAD:Â The Senate Standing Committee for Information Technology and Telecommunication has recently recognised the contribution of the telecom sector and appreciated the investment...
Oracle Cloud growth driving aggressive global expansion
KARACHI:Â Driven by strong customer demand for its cloud services worldwide, Oracle, on Monday, announced plans to significantly expand its modern cloud infrastructure...
Diplomats stress improving Pakistan’s perception to attract FDI
KARACHI:Â Foreign investors are keen to explore investment opportunities in Pakistan but the negative perception, excessive paperwork and red-tapism are hindering Foreign Direct...
Progas shareholders ordered to deposit $553,000 security payment for case revival
LONDON: A British Court on Friday ordered shareholders of defunct liquefied natural gas company Progas Pakistan to submit a $553,000 security payment...
Chinese citizens death could impact Beijing’s investment in Pakistan
KARACHI: The killing of a Chinese citizen Chen Zhu in the metropolitan city of Karachi has raised significant risk of derailing Beijing’s...