CM Punjab announces formation of committee to address business grievances
A delegation of Lahore Chamber of Commerce and Industry (LCCI) Executive Committee on Friday has asked the Punjab Chief Minister (CM) Shahbaz...
Foreign brands operating through franchises to be brought under tax net : FBR
The government is considering an amendment in the taxation laws to bring foreign brands, operating through franchise/liaison office in the country, into...
ECC defers summary to withdraw partial export incentives
The Economic Coordination Committee (ECC) of the Cabinet on Friday has postponed taking a decision on the summary moved by the finance...
Domestic debt servicing registers an increase
In a report released by the State Bank of Pakistan (SBP) Â on Friday, it was revealed that despite low-interest rates, the government...
ECC decides to allocate 10 mmcfd gas from Tolang field to SNGPL
The Economic Coordination Committee (ECC) meeting chaired by Finance Minister Ishaq Dar was held on Friday in which the decision to allocate...
Chinese businessmen offer to invest in proposed economic zone in Sindh
Chinese businessmen from Tianjin city have offered to invest in the proposed economic zone in Ketti Bander Thatta or in Chinese Special...
PR abandons billion dollar Private Track Access project
The Sindh High Court (SHC) has granted a stay against Pakistan Railways for abandoning a multi-billion rupees project with a private firm...
Exports to India rise14pc despite rising tensions
Since the beginning of the current financial year, despite the rising tension between Pakistan and India, trade between the two has remained...
Pakistan losing competitiveness in int’l market
Pakistan’s competitiveness in global market consistently sliding during past four years
Though the world economies continue trying to improve their trading and...
Govt approves outsourcing of country’s three airports
The Federal Cabinet on Wednesday has allowed the outsourcing of the management of country’s three major airports on the model of the...
Power sector subsidies likely to exceed Rs 118b budget allocation
Subsidies for the power sector may cross the annual budget allocation of Rs118b as the government has already exhausted Rs84b worth of...
Govt to divest 18.3 pc stake in MPCL after JV partners refuse to settle on approved price
The government has taken the decision to divest its 18.3pc stake in Mari Petroleum Company Limited (MPCL) after two joint venture partners...
ADB mission says transport sector inefficiencies are hurting the economy
An Asian Development Bank (ABD) mission led by Peter Turner, on Wednesday visited Lahore Transport Company (LTC) Headquarter to inspect transport projects...
ECNEC approves infrastructure projects before election year
The Executive Committee of the National Economic Council (ECNEC) on Wednesday approved multi-billion rupees worth of mega projects in the transport and...
CPEC investment exceeds $62 billion: Sindh governor
Chinese authorities have approved additional amount for China-Pakistan Economic Corridor (CPEC) reaching the total amount of the economic corridor more than $62...