Minister vows to end circular debt by Dec 2020

ISLAMABAD: Power Minister Omar Ayub Khan said on Friday that a system of automatic metering is being introduced in the country to bring efficiency...

Stocks lose 203 points on profit-booking

KARACHI: The Pakistan Stock Exchange (PSX) failed to carry forward the positive momentum from the previous week, with the KSE-100 Index closing...

Dollar surges to Rs158.9, gold reaches Rs88,400 per tola

The US Dollar gained 51 paisa in the interbank market and was traded at Rs158.95 when compared to the last closing of...

Tractor production increases 64.05pc in five months

ISLAMABAD: Tractor production in the country during the five months from July to November of the current financial year witnessed an increase of...

PM approves summary to ban sugar export

ISLAMABAD: Prime Minister Imran Khan on Friday approved a summary to ban the export of sugar. The move comes in the wake to...

Pak-Thailand FTA talks to begin from August 21st

Islamabad: Pakistan and Thailand will hold eighth round of talks to finalise free trade agreement (FTA) from August 21 to 23. Both the...

Domestic cement despatches decline by 1.41pc in six months

KARACHI: Domestic cement dispatches have declined by 1.41 per cent in the first six months of the financial year 2018-19 as compared to the same...

Resurfaced circular debt threatening the economy: PEW

The Pakistan Economy Watch (PEW) on Sunday said the circular debt has again resurfaced and is threatening the fragile national economy. The infamous...

Gwadar development to directly benefit Balochistan province

Geographically, the small city is located in southwestern Balochistan, being far from Pakistan's economic centres

Pakistan cement exports down 11pc

LAHORE: Cement exports from Pakistan in December 2017 fell 11.3 per cent to 328,000 tonnes from 369,000 tonnes in the year-ago period, according...

Finance minister consults with financial markets about bringing investment through Private Funds

KARACHI: The caretaker Federal Minister for Finance, Revenue, and Economic Affairs, Dr. Shamshad Akhtar, chaired a meeting with the chairman of the...

Uphill task for incoming govt as trade deficit worsens

KARACHI: It is a great challenge for the incoming government of Pakistan Tehreek-e-Insaaf (PTI) and its expected Finance Minister Asad Umer to...

Govt likely to rationalise gas prices to facilitate consumers

ISLAMABAD: Initial findings of a probe into inflated and excessive gas bills to domestic consumers have been presented to the ministers for finance...

CDA vows to remove impediments hampering trade

ISLAMABAD: Special Assistant to Prime Minister on CDA Affairs Ali Nawaz Awan said that the business community was playing an important role in...

Garments industry appeals to end audit notices for timely tax refunds

According to an article in The Express Tribune, the garments industry in Pakistan is requesting an end to audit notices and instead,...