Negotiation for revision of Pak-China FTA to start on Wednesday
ISLAMABAD:Â As China has agreed to resume talks for phase-II of Free Trade Agreement (FTA) with Pakistan to slightly balance the highly imbalanced...
Big investors unhappy over Pakistan’s single entry visa policy
ISLAMABAD:Â Though Pakistan has announced visa on arrival for tourists, big investors and heads of big companies are unhappy over the changed visa...
Government severely under-reporting official import figures
LAHORE: A significant disparity has been reported between trade figures of imports by Pakistan and the corresponding figures of exports to Pakistan...
Foreign investor’s see Pakistan as politically “chaotic”
KARACHI: Chief Investment Officer & Managing Director, Tundra Fonder Sweden Mr. Mattias Martinsson said foreign investors see Pakistan a touch chaotic in...
UNDP, China $4 million ink agreement to assist crisis affected people in Fata, Baluchistan
ISLAMABAD: UNDP Pakistan and China have signed a $4 million agreement on Friday to provide funding in crisis-affected areas of Balochistan and...
Sindh demands adequate representation on board of new split-up gas companies
ISLAMABAD: In a breakthrough of proposed splitting up of gas distribution companies, the Sindh government has given its conditional nod given provinces...
Breaking rules, govt appoints consultant alternative chairperson PSDP
ISLAMABAD: Â Ministry of Planning, Development and Reform has made a controversial move by appointing a consultant alternative chairperson for mid-year review meetings...
Govt cuts funding by 60pc for 400 development projects
ISLAMABAD: Federal Government has cut funding for 400 new development projects by around 60 percent as it diverts these funding’s for establishment...
Dollar reserves of commercial banks exhibit 24 percent rise
KARACHI: Data available from State Bank of Pakistan for last 13 months till end of January 2018 revealed reserves held by commercial...
Govt constitutes committee to formulate changes in PIU for agri-credit loans
ISLAMABAD: The cabinet has setup an inter-ministerial committee to be headed by Minister for Privatization, Daniyal Aziz for formulating recommendations for changes...
Industries avoiding machinery imports due to high taxes: PBIF
LAHORE: Pakistan Businessman and Intellectual Forums (PBIF) President, Mian Zahid Hussain on Friday stated investors are avoiding imports of machinery due to...
Draft of Benami Transaction (Prohibition) Rules 2018 forwarded to cabinet for ratification
ISLAMABAD: Prime Minister Shahid Khaqan Abbasi on Friday approved the forwarding of draft of Benami Transaction (Prohibition) Rules, 2018 to the cabinet for...
Disparity in open market, inter-bank exchange rates could encourage remittances to go via undocumented channels
KARACHI: The increasing gap in exchange rates between interbank and kerb markets stirred fears that remittances may go through undocumented channels.
Difference between...
FBR decries criticism, says tax collection on track
ISLAMABAD: The performance of Federal Board of Revenue, during the first quarter of the current Fiscal Year, has been positive and satisfactory,...
Bitcoin tumbles as cryptocurrency sell-off intensifies
LONDON/NEW YORK: Cryptocurrencies plunged on Friday, with bitcoin at one point sliding below $ 8,000 and headed for its biggest weekly loss...