Govt releases over Rs5.99bn for finance division projects

ISLAMABAD The government has so far released Rs 5,993.036 million for various projects of finance division out of its total allocations of Rs...

JI wants an intensive study into stock market

LAHORE Acting Ameer of the Jamaat e Islami, Liaqat Baloch, has called for an intensive study into the stock market by a task...

Pakistan, Australia should develop sustainable partnership: Madew

LAHORE The private sectors of Pakistan and Australia should develop sustainable partnership and find out tangible ways to avail full advantage of trade...

Govt signs stringent $300mn loan agreement with ADB for PSE Reforms

ISLAMABAD At a time when Pakistan’s foreign currency reserves are under immense pressure due to dwindling exports, the government has signed a stringently...

Chinese Special EZ’s feasibility report to be prepared in 90 days: Memon

KARACHI Feasibility report of proposed Chinese Special Economic Zone at Dhabeeji is going to be prepared within 90 days, said Naheed Memon. Chinese Economic...

NTC imposes Anti-Dumping duty on CC Billets from China

KARACHI As a result of the two-years long anti-dumping investigation by Pakistan’s National Tariff Commission (NTC) a 24.04pc duty has been imposed on...

Country’s current account deficit widens to $8.929bn

KARACHI The balance of payment figures rang an alarming bell for the economists as the country’s current account deficit almost tripled to $8.929...

KSE 100 recovers, ends in green adding 857 points

LAHORE Investors at the Pakistan Stock Exchange (PSX) take a sigh of relief as the festive Eid comes along. According to figures released...

NTC imposes anti-dumping duty on CC Billets from China

Karachi: As a result of a two-years long anti-dumping investigation by Pakistan’s National Tariff Commission (NTC), a 24.04pc duty has been imposed...

Up to 60pc regulatory duty imposed on imported vehicles

The Federal Board of Revenue (FBR) has announced a new set of taxes including upto 60 percent ad valorem regulatory duty on...

Govt increases regulatory duty on 508 products

ISLAMABAD The government on Wednesday notified increase in regulatory duty (RD) on the import of 508 non-essential items by various rates ranging from...

Dysfunctional educational system holding economy back: PBIF

ISLAMABAD President Pakistan Businessmen and Intellectuals Forum (PBIF), Senior Vice Chairman of the Businessmen Panel of FPCCI and Former Provincial Minister Mian Zahid...

Defence exports show improvements: committee

ISLAMABAD Standing Committee of the Senate on Defence Production Wednesday observed that defence exports have shown a considerable increase during the recent years. The...

PTI expresses concern over phenomenal increase in trade deficit

ISLAMABAD Pakistan Tehreek e Insaf (PTI) has expressed grave concern over the phenomenal increase in the trade deficit and urged the federal government...

Country’s FDI up by 22.6pc during FY 2016-17: SBP

KARACHI The country received foreign direct investment (FDI) of $2.028 billion in July-May 2016-17, which was up by 22.6 per cent as compared...