Indonesia asked to setup JVs for palm oil production in Pakistan

ISLAMABAD: Islamabad Chamber of Commerce and Industry President Ahmed Hassan Mughal has urged the Indonesian investors to set up joint ventures in Pakistan...

Japan provides $7.7mn to support FMD control, reduce poverty in FATA

ISLAMABAD: The government of Japan would provide an amount of $2.7 million and $5 million respectively for Food and Agriculture Organisation (FAO)...

Pakistani businessmen invited to invest in Afghanistan

Commercial Attaché says by investing in Afghanistan, Pakistani investors can get easy access to the Central Asian markets ISLAMABAD: Commercial Attaché of Afghanistan...

FBR envisions expanding sales tax net to 400,000 people in three years

ISLAMABAD: The Federal Board of Revenue (FBR) has set a target to increase sales tax base up to 400,000 people in the next...

SAARC commerce and industry delegation calls on Sartaj

Adviser to the Prime Minister on Foreign Affairs Sartaj Aziz reaffirmed Pakistan's commitment to regional cooperation under the umbrella of the South...

SBP injects Rs 467bn into market

KARACHI: The State Bank of Pakistan on Thursday injected Rs 467 billion into money market for one night (overnight) as reverse repo...

Petroleum prices in Pakistan still lowest in South Asia: Senate told

ISLAMABAD: Following the recent hike in petroleum prices, States and Frontier Regions Minister Abdul Qadir Baloch said petroleum prices in Pakistan are still...

Only 6 out of 723 startups in Pakistan raised funds beyond $500,000

Planet N in collaboration with Karandaaz Pakistan and LUMS organized a workshop on 24th Jan 2017, chalking out a roadmap for the...

ML-1 agreement likely to be signed in October: minister

LAHORE: Railways Minister Sheikh Rasheed Ahmed said on Saturday the agreement regarding the construction of the Main Line-1 (ML-1) was expected to be...

Pakistan’s first tranche of $1 billion aid from Saudi Arabia to arrive on Monday: Asad Umar

The second and third tranche are expected to be received over the course of next two months from Saudi Arabia

Govt establishes CPEC Authority through presidential ordinance

ISLAMABAD: Following the reservations and demands raised by China, the federal government has established the China Pakistan Economic Corridor (CPEC) Authority through...

Market witnesses highest ever points swing since IK’S Dharna called off on Nov 1, 2016, says Topline Securities

KSE-100 witnessed the most volatile session (hi/lo spread of 3.56pc) since Nov 1, 2016, with the index witnessing 1668 points intraday stock...

CCP recommends FBR to amend RFP clauses for tobacco track and trace system

KARACHI: The Competition Commission of Pakistan issued a policy note to the Federal Board of Revenue (FBR), with the recommendation to amend...

Stocks extend rally into fifth day, index up 295 points

KARACHI: Extending its gains from the previous session, the Pakistan Stock Exchange (PSX) closed in the green zone for the fifth consecutive session...

Creation of wealth necessary for poverty alleviation: PM

Prime Minister Imran Khan has termed creation of wealth imperative for alleviating poverty from the country, saying businesses must prosper to achieve...