PM directs to focus on ensuring continuation of GSP Plus status

ISLAMABAD: Prime Minister (PM) Shahid Khaqan Abbasi chaired a high-level meeting at PM Office on Friday which reviewed the efforts for the...

US should announce economic package for repatriation of Afghan refugees: Ahsan Iqbal

GWADAR: Interior Minister Ahsan Iqbal, while responding to the United States (US) said that the US should do more instead of telling Pakistan...

Government committed to protect rights of traders: PM

ISLAMABAD: Prime Minister (PM) Shahid Khaqan Abbasi on Friday said that the present government is committed to protecting rights of traders as the...

CCP imposes Rs1mn penalty on Kitchen Stones Food

ISLAMABAD: The Competition Commission of Pakistan (CCP) has passed an order imposing a penalty of Rs 1 million on a frozen foods company,...

NEPRA fines three GENCOs for violating limits of auxiliary power consumption

ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has imposed a fine of Rs 15 million each on three public sector power generation companies...

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...

Turkmenistan starts work on TAPI gas pipeline project

ISLAMABAD: Minister of State for Petroleum Jam Kamal Khan informed the National Assembly (NA) on Friday, that Turkmenistan has started work for the...

Economy maintaining growth momentum despite external headwinds: SBP

KARACHI: The State Bank of Pakistan on Friday stated that preliminary data on key macroeconomic indicators suggest that growth momentum remained strong in...

Pakistani products to get deeper access to Indonesian market

ISLAMABAD: Under a preferential trade agreement (PTA), Indonesia has consented to providing Pakistani products with deeper access to their market. By providing deeper...

Research development fund to be setup for enhancing cotton production

ISLAMABAD: To enhance cotton production for next season, the government is contemplating to announce a Rs10 billion research development fund in this...

Nepotism, inefficiencies of successive governments caused Reiko Diq debacle: PAC

ISLAMABAD: Public Accounts Committee (PAC) on Thursday criticized successive Balochistan governments for its ill-practices, inefficiencies which led to the debacle of $11.43...

FPCCI welcomes govt decision of one-time tax amnesty scheme

KARACHI: FPCCI President, Ghazanfar Bilour has hailed the government decision of one-time tax amnesty scheme to bring back the offshore wealth of...

Malaysian entity considering business and investment prospects in Pakistan

ISLAMABAD: The Strategic Swiss Partners (SSP) Group based in Malaysia has contributed in promoting bilateral trade between Pakistan and Malaysia by initiating...

ECO Summit cancelled after four countries refuse to attend

ISLAMABAD: The 14th Economic Cooperation Organization (ECO) Summit has been cancelled due to the refusal of Azerbaijan, Turkmenistan, Turkey and Iran. The two days...

SBP’s reserves go down by $383m in last 15 days

KARACHI: The total reserves of the State Bank of Pakistan (SBP) declined by $383 million in the last 15 days as the country’s...