Economic Survey to be unveiled on Thursday

ISLAMABAD: The federal government is all set to unveil the pre-budget document, Economic Survey of Pakistan 2019-20 on Thursday June 11.  The document...

Investment likely to grow by 17% of GDP

ISLAMABAD: The investments are targeted to grow at 17.2 percent of the Gross Domestic Product (GDP) during the fiscal year 2018-19 compared...

ECC allows export of 500,000 tonnes of wheat

ISLAMABAD: The Economic Coordination Committee (ECC) has granted an approval for the export of 500,000 tonnes of wheat. Finance Minister Asad Umar on Tuesday...

SBP reserves rise $252m to $10.9bn

KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $252 million to $10,974.6 million during the week...

Textile exporters seek PM’s intervention in power tariff controversy 

APTMA official says 13 cents per kWh electricity cost will lead to closure of several units

SBP’s initiatives to help keep businesses afloat: PM

Prime Minister Imran Khan has said that the incentives announced by the State Bank of Pakistan for businesses are part of the...

PSX lands in red as KSE index sheds 41 points

KARACHI: Failing to end the last session of the week positive, Pakistan Stock Exchange (PSX) was once again conquered by bears, as indices...

FPCCI asks government to reduce minimum tax rate

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) in their budgetary proposals has urged the Federal Board of Revenue (FBR)...

Etisalat to pay longstanding $800mn to government

ISLAMABAD: Etisalat, holding the company of Pakistan Telecommunication Company Limited (PTCL), which is defaulting $800 million to the government, has finally agreed to...

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...

CDWP approves 33 projects worth Rs50.5 billion

ISLAMABAD: Central Development Working Party (CDWP) approved 33 projects worth Rs50.5 billion out of which two projects worth Rs22.5 billion were referred...
Usman Dar

Kamyab Jawan Programme might create 50,000 jobs by year end, says Usman Dar

ISLAMABAD: Special Assistant to the Prime Minister (SAPM) on Youth Affairs Muhammad Usman Dar on Sunday said the Kamyab Jawan Programme (KJP)...

Toyota runs campaign against ‘own money’ premium on cars

Toyota is one of the first auto companies to move towards the eradication of premium or ‘own money’ after the government’s stance of declaring the practise illegal

Pakistan’s LNG imports will keep rising, fuel demand to halve by 2020: Report

LAHORE: S&P Global Platts survey of several companies has revealed Pakistan’s rising LNG imports will contribute to fuel demand halving by 2020,...

Increased competition on horizon, as five new airlines to enter Pakistan

KARACHI: Pakistan is set for entry of five new airlines, Afeef Zara, Askari Air, Air Sial, Go Green and Liberty Air in...