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...
PSX proposes increased size & depth of Capital Market
Pakistan Stock Exchange (PSX) has proposed an increase in size and depth of the capital market as one of the main budget...
Govt to release Rs 20b for export development under STPF
The government will be spending Rs 20b on the development of export sector over next three years under Strategic Trade Policy Framework...
Transporters incur losses as travel restrictions continue at Torkham Border
As many as 6000 loaded trucks continue to remain stranded as travel restrictions continue to be in place by the Pakistani authorities...
77 of 97 new gas schemes approved for Punjab
The government has approved 97 natural gas expansion schemes worth more than Rs 37b after a moratorium banning new gas connections was...
SBP maintains policy rates unchanged at 5.75pc
KARACHI: The State Bank of Pakistan (SBP) on Saturday said that the Monetary Policy Committee of the SBP has decided to keep...
Petition filed against govt’s decision to privatize airports
The Lahore High Court (LHC) on Friday has asked for a reply from the federal government regarding a petition challenging the decision...
Domestic oil prices 38 pc higher than global prices
Consumers of petroleum products have been paying up to 38% higher price when compared to prevailing international market rates, media sources have...
Exports and imports fall for month of February
An 8pc decline was witnessed in export figures for February 2017 to Rs171.5b from Rs186bn a month before.
As per provisional data released...