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...
ICSID accepts Pakistan’s evidence in Reko Diq mining contract, claims AG
Attorney General of Pakistan, Ashtar Ausaf has claimed that the International Centre for Settlement of Investment Disputes (ICSID) has accepted Pakistan’s evidence...
PM calls for full utilisation of FTA between Pakistan, Sri Lanka
Prime Minister Nawaz Sharif has said that Pakistan and Sri Lanka need to fully capitalise on the Free-Trade Agreement (FTA) signed between...
KSE-100 index closes the week in red
Pakistan Stock Exchange (PSX) KSE-100 index lost 46 points or -0.09pc to end Friday's trading session at 48,971.05. Trading at the benchmark index largely...
FBR considering common reporting platform to facilitate tax collection
The Federal Board of Revenue (FBR) is planning to bring common returns filing and tax payment system under the head of sales...
Govt releases Rs 27b for new gas schemes in a bid to win voter support
Prime Minister (PM) Nawaz Sharif has decided to release Rs27b development funds to allow new gas supply schemes in constituencies of around...
PIA CEO seeks govt support in price war with Gulf airlines
The chief executive (CEO) of Pakistan International Airlines (PIA) Bernd Hildenbrand has called upon the government to assist the national carrier in fighting a price war...
Cabinet to discuss outsourcing of airports
The Cabinet meeting chaired by Prime Minister Nawaz Sharif is scheduled for Friday to consider outsourcing of airports in an attempt to...