Afghanistan looks to reduce dependence on Pakistan via Chabahar Port
LAHORE: In a bid to reduce its dependence on Pakistan, Afghanistan has shifted 80 per cent of its cargo traffic from Pakistan’s Karachi...
SBP governor’s appointment from DMG poses questions regarding SBP’s autonomy
ISLAMABAD: The appointment of State Bank of Pakistan’s (SBP) governor from District Management Group (DMG) rather than from among the professionals having experience...
SBP freezes 5089 bank accounts on NACTA’s recommendation
ISLAMABAD:Â State bank of Pakistan (SBP) on the recommendation of National Counter Terrorism Authority (NACTA) has frozen 5089 banks accounts belonging to terrorist...
Cultivation on scientific lines can make Pakistan self-sufficient in edible oil production
RAWALPINDI:Â Pakistan can be self-sufficient in edible oil production if the Olive Valley set up by Punjab government in Potohar region is promoted...
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...