Parliamentary panel summons heads of cellular companies

ISLAMABAD: A parliamentary panel, on Thursday, directed all the heads of the cellular companies to appear in next meeting and brief about the...

Iranian airline to start Mashhad-Islamabad weekly service

TEHRAN: Iran’s ATA Airlines will open a weekly route from Mashhad to Islamabad on Saturday with the return leg to be operated on...

Leather exports rise 1.82pc in six months

ISLAMABAD: Exports of leather manufacturers from the country during the first half of the fiscal year 2017-18 witnessed an increase of 1.82 per...

Balochistan’s population to be ultimate beneficiary of Gwadar port: Bizenjo

LAHORE: Minister for Ports and Shipping, Mir Hasil Khan Bizenjo said populations living in and around Gwadar and the Baloch people in...

Govt plans to unveil budget 2018-19 in second week of May

ISLAMABAD: The government is considering to unveil next financial year’s 2018-19 budget in the second week of May, as no major changes...

Refutations mar Reko Diq investigation by PAC

ISLAMABAD: Public Accounts Committee (PAC) in-camera briefing held into regarding fraud in Reko Diq revealed refutations by several stakeholders, as it become...

WAPDA’s debt surged 331pc by end of December 2016: SBP

KARACHI: A recently released report by State Bank of Pakistan revealed Water and Power Development Authority (WAPDA), debt surged by 331 percent,...

FBR squashes telecom company proposal to resolve tax dispute

ISLAMABAD: Telecom companies scheme to resolve tax disputes via Alternative Dispute Resolution Committees (ADRCs) has been outright rejected by Federal Board of...

Impediments to Pak-Afghan trade to be removed by FBR

ISLAMABAD: The Federal Board of Revenue’s, Director General Transit Trade has decided to extend bonded carrier service charges, contemplate deferral of demurrage...

Pakistan-Indonesia conclude review process for PTA

ISLAMABAD: Pakistan and Indonesia have finalised the review process for the bilateral preferential trade agreement that is likely to enhance local exports...

Plans to raise another $500-$1 billion bond cancelled at last moment

ISLAMABAD: The government plans to raise another $500-S1 billion from Eurobond was cancelled at the last moment during a meeting of the federal...

Oil hits one-month low after US inventory build

NEW YORK: Oil prices fell to a one-month low on Wednesday, after United States (US) data showed an unexpected build in refined products,...

ISGSL issues clarification regarding Mobin’s third appointment

LAHORE: In a statement issued by Inter State Gas Systems Limited (ISGSL), the company denied the contents of certain reports circulating in sections...

Chinese consortium to buy 25 per cent stake in Dhaka Stock Exchange

A Chinese consortium has proposed buying a 25 per cent stake in Dhaka Stock Exchange for BDT9.9 billion ($118.998 million), reported a...

PM Abbasi shares plans to broaden Pakistan’s tax base

NEW YORK: Pakistan plans to use its national identity database to build profiles of potential taxpayers in a renewed bid to broaden its...