Work on National E-commerce Policy underway
The State Bank of Pakistan (SBP)Â Governor Ashraf Mahmood Wathra has announced on Thursday that the Ministry of Commerce and SBP are devising...
Four companies to become operational in Gwadar by year-end
The federal government has stated that as many as four companies will become operational in Gwadar by year end.
It was announced by...
Govt shows resistance against settling circular debt
In the wake of a shortage of cash, struggling to keep the budget deficit target of 3.8 pc, the government seems to...
CPEC to boost trade activities in country, region: President
President Mamnoon Hussain on Wednesday stated the completion of China-Pakistan Economic Corridor (CPEC) would bolster trade and business activities in the country...
40pc decline registered in non-textile exports
Data released by the Pakistan Bureau of Statistics (PBS) revealed that exports of non-textile products registered a decline of 39.7 pc during...
MCB holds 69th annual shareholders’ meeting in Lahore
The 69th Annual General Meeting of the shareholders of MCB Bank Limited was held on March 29, 2017 at Pearl Continental Hotel,...
Deputy Governor SBP for strengthening of financial stability framework
Deputy Governor State Bank of Pakistan (SBP) Riaz Riazuddin stressed on administering risks to ensure stability of the financial sector for maintaining...
PM urges Chinese investors to benefit from Pakistan’s liberal policies
Prime Minister Muhammad Nawaz Sharif on Tuesday said Pakistan’s strategic location makes it Asia’s premier trade, energy and transport corridor and invited...
ECC approves export of 200,000 tons of sugar
The Economic Coordination Committee (ECC) in its meeting held on Tuesday has approved the export of 200,000 tons of sugar. The meeting...
Banks instructed to prohibit transactions above $50,000
Banks have been instructed to prohibit transactions equal to or more than $50,000 from actual amount payable before the enforcement of international...
Nepra drafts regulations governing import of electricity
The National Electric Power Regulatory Authority (Nepra) has laid out rules governing the process of electricity import into the country in view...
OGRA proposes another hike in petroleum prices
Oil & Gas Regulatory Authority (OGRA) is proposing another hike in petroleum prices in a summary sent to the government, media sources...
Pakistan updates guidance for Islamic banks’ external audits
Pakistan's central bank has updated guidance on Sharia governance for Islamic finance institutions, expanding the scope of external audits to help mitigate...
KP Cement Industry expected to attract $2.5b investment
The Khyber-Pakhtunkhwa (KP) Chief Minister Pervez Khattak on Monday accorded 14 firms with prospecting licences who will be investing in the cement...
Pakistan Post incurs losses worth Rs 24b in past 6 yrs
Pakistan Post Office Department (PPOD) has incurred Rs 25,060.275m  losses from 2009-10 to 2014-15 as its expenditures during 2009-10 to 2014-15 were...