World Bank approves mid-term review to support social sector development in Pakistan

Islamabad: The World Bank has approved a mid- term review to support social sector development for Pakistan in partnership with International Finance...

Govt has put country on path of economic growth: Dastgir

ISLAMABAD Minister for Commerce Khurram Dastgir Saturday said the leadership of Prime Minister Muhammad Nawaz Sharif had put the country on the path...

Chinese government requested to review visa policy for Pakistani business community

Karachi: The Chinese government has been requested to review its business visa policy by the Pakistan Soap Manufacturers Association (PSMA) and Karachi...

Five new discoveries expected to initially produce 70 mmcfd gas and 636 bpd oil

Islamabad: Ministry of Petroleum and Natural Resources on Friday said oil and gas exploration/production (E&P) companies, operating in different potential areas of...

Pakistan received $7.747b of foreign assistance in FY 2016-17

Islamabad: Data released on Friday by the Economic Affairs Division (EAD) disclosed the government had received $7.747b of foreign aid during first...

FBR issues list of 88 countries for exchanging financial data

Karachi: A list of 88 countries has been notified and issued by the Federal Board of Revenue on Friday for auto swapping...

LCCI voices concern over EDB closure

Lahore: The Lahore Chamber of Commerce and Industry (LCCI) has voiced concern over a decision to close the Engineering Development Board (EDB), which...

Nepra warns power outages won’t be eliminated by 2018

ISLAMABAD - National Electrical Power Regulatory Authority (NEPRA) has warned the government that loadshedding won’t be eliminated in 2018 and people will...

Qatar says it can survive economic and diplomatic blockade

Washington: Faced with a sweeping set of demands, Qatar insisted Friday it can indefinitely survive the economic and diplomatic steps its neighbors...

Power ministry refuses to endorse world’s highest solar tariff

Islamabad: The Ministry of Water and Power has refused to endorse the world’s highest solar tariff announced by the National Electric Power...

ICCI urges govt to focus on engineering sector for boosting exports

ISLAMABAD The Islamabad Chamber of Commerce and Industry (ICCI) has called upon the government to focus on making policies for better development of...

Afghanistan’s route diversion harms trade with Pakistan: analysts

ISLAMABAD As Afghanistan’s divergence of trade continues to avoid dependency on Pakistan, Islamabad’s exports to the landlocked country have reduced to from $...

FBR will meet tax collection targets: Haroon Akhtar

ISLAMABAD Special Assistant to Prime Minister on Revenue Senator Haroon Akhtar Khan Friday said there were substantial signs that the revenue collection target...

SBP issues Rs342bn fresh currency notes for Eid-ul-Fitr

KARACHI The State Bank of Pakistan (SBP) through sixteen field offices of its subsidiary, SBP Banking Services Corporation, has provided fresh cash of...

Jeep, car production up by 5pc in 10 months

ISLAMABAD: The production of jeeps and cars witnessed an increase of 5 percent during the first ten months of the current fiscal...