Mango exports likely to increase this year

Multan Mangoes exports are likely to increase during current year as 10 varieties of this exotic fruit have been registered with Federal Seed...

FBR to remove duty exemptions on certain items

Islamabad The Federal Board of Revenue (FBR) has lost around Rs6b in duty during financial year 2016-17 over the import of 24.3m Chinese...

World Bank forecasts Pakistan’s economy to grow by 5.5pc in 2018

Islamabad The World Bank has forecast that Pakistan is expected to pick up to a 5.2 percent rate in fiscal 2017 (July 1,2016...

Unpredictable tax policies could cause Engro foods to close down milk plant

Islamabad Ali Ahmad Khan Managing Director of Engro Foods while attending the meeting of the Senate Standard Committee on Finance said that the...

Bhikki power plant not operational since twenty days

Islamabad The Prime Minister Nawaz Sharif will preside over a special meeting of the Cabinet Committee on Energy (CCE) today in which it...

Sui companies seek increase in gas tariff from July 01st

ISLAMABAD The state owned Sui gas companies, the Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company Limited (SSGC) have sought...

Senate Finance Committee recommends tax relief for local businesses

ISLAMABAD The Senate Standing Committee on Finance on Monday recommended the government to impose regulatory duty on the import of products being manufactured...

Country’s trade deficit to reach $32bn during current fiscal year

ISLAMABAD Trade deficit of the country will reach $32 billion during the current fiscal year mainly due to decline in the exports which...

KP govt to present tax free budget on June 7

PESHAWAR Chief Minister Khyber Pakhtunkhwa Pervez Khattak on Monday said the provincial government would unveil the 5th tax free, balanced and pro-poor annual...

Inclusion of Pakistan in MSCI Emerging Market Index

KARACHI We are enthralled at the successful completion of the process of inclusion of Pakistan in MSCI Emerging Market Index with effect from...

Pakistan imported 129,092,714 MBTU LNG in nine months

ISLAMABAD Pakistan imported 129,092,714 MBTU Liquefied Natural Gas (LNG) in first three quarters of the current fiscal year to meet its growing energy...

Fazl-e-Elahi praises federal govt. bid to curb illicit tobacco trade

PESHAWAR Senior Vice-President Khyber Pakhtunkhwa Chamber of Agriculture (KPCA) Fazal-e-Elahi Khan today welcomed the decision of federal government to introduce a new tier...

Sindh govt. presents budget 2017-18 worth Rs 1.04tn

KARACHI Sindh government Monday presented its fifth budget for 2017-18 with a total outlay of Rs 1.04 trillion in the Sindh Assembly, an...

PSX recovers after last week’s hiccup

KARACHI After performing poorly for the past week, the Pakistan Stock Exchange turned green on the first day of the trading week. The...

Budget 17-18: More focus on CPEC than water, education, health sectors combined

ISLAMABAD: Though Finance Minister Ishaq Dar claimed that well-being of common people and resolution of their issues would be top priority of...