Joint audit study fails to evaluate quantum of losses in Qatar LNG deal

ISLAMABAD: A Joint Audit Special Study carried out to investigate the multi-billion-dollar LNG gas deal signed by Pakistan with Qatar has failed...

High tax regime impeding investment in beverage industry

ISLAMABAD: A renowned beverage company in a letter submitted to the National Assembly Standing Committee on Finance has complained high taxes on...

Wheat farmers saved by timely weather forecast

LAHORE: In early November last year, Muhammad Islam was surprised by news from the Pakistan Meteorological Department. The 40-year-old farmer learnt that good rains...

Chinese delegation to visit Pakistan to review CPEC projects

ISLAMABAD: A Chinese delegation is scheduled to visit Pakistan next month to review the progress under China-Pakistan Economic Corridor (CPEC), due to reports...

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...