FBR requests customs related budget proposals for FY 2018-19

ISLAMABAD: The Federal Board of Revenue (FBR) has requested all the stakeholders to send their customs-related budget proposals to the board by...

CCP set to conduct open hearing to address competition concerns in sugar sector

ISLAMABAD: To answer queries regarding stakeholder concerns in Pakistan’s sugar sector, the Competition Commission of Pakistan (CCP) has called for an open...

Ignoring shortage of gas, govt gives go-ahead for 235 new gas supply schemes

ISLAMABAD: Despite prevailing gas shortage across the country, the ruling PML-N government has decided to grant approval to 235 new gas supply...

Customs seeks FBR approval for clearance of 6,000 imported vehicles

KARACHI: Pakistan Customs is seeking Federal Board of Revenue’s approval for clearance of 6,000 used and new vehicles which were imported without...

PPIB pondering slapping fines on delayed execution of Thar coal power projects

ISLAMABAD: A board meeting of Private Power and Infrastructure Board (PPIB) held on Wednesday is pondering to slap liquidated damages on delayed...

Pakistan-Saudi Arabia reach consensus to setup working group for halal food export

ISLAMABAD: Pakistan and Saudi Arabia during the concluding 11th session of Joint Ministerial Commission (JMC) on Wednesday reached a consensus for setting...

Pakistan can’t solely rely on textile, cotton to enhance exports: A.R Dawood

ISLAMABAD: To boost exports, Pakistan needs to focus on information technology, engineering and chemical sector said business tycoon, Abdul Razzak Dawood on...

Industries of Sindh, Baluchistan to be provided RLNG soon: SSGC Chairman

KARACHI: The industries of Sindh and Balochistan would soon be provided with RNLG, said Chairman SSGC Lt. Gen.(rtd) Javed Ashraf on Wednesday. This...

Oracle Power completes acquisition of Sindh Carbon Energy

LONDON: Oracle Power PLC saw its shares jump on news it is to take full ownership of the company that owns the mining...

Saudis to welcome Pakistanis with relaxed rules

ISLAMABAD: The Kingdom of Saudi Arabia has relaxed its visa policies and reduced visa fees for Pakistanis, and has agreed to set up...

JMC sketches roadmap for Saudi-Pak cooperation

ISLAMABAD: The Pakistan-Saudi Arabia Joint Ministerial Commission (JMC), after holding detailed deliberations for two days, drew a roadmap for future cooperation between the...

SBP launches Systemic Risk Survey

KARACHI: State Bank of Pakistan (SBP), has rolled out a Systemic Risk Survey (SRS) to gauge the views of market participants and experts...

FIA-CBC unearths fraud in DIBPL

KARACHI: Federal Investigation Agency Commercial Bank Circles (FIA-CBC) successfully unearthed a bank fraud in Dubai Islamic Bank Pakistan Limited (DIBPL) arresting three accused...

Government working on multipronged strategy to reform tax structure: PM

ISLAMABAD: Prime Minister Shahid Khaqan Abbasi while speaking at the Pakistan Economic Forum in Islamabad on Wednesday said that the government is working...

Government taking steps for revival of sick industrial units: State Minister for Finance

ISLAMABAD: Minister of State for Finance Rana Muhammad Afzal Khan has said that the government is taking various steps for the revival of...