Parliamentary committee on CPEC meets tomorrow
The meeting of the Parliamentary Committee on China-Pakistan Economic Corridor (CPEC) will be held tomorrow.
Senator Mushahid Hussain Sayed will chair the meeting....
Export enhancement package aims at enhancing export
Export enhancement package of Rs 180 billion is intended to enhance the country’s export with foreign countries.
Under the package duty, draw back...
Govt prepares to auction last 4G spectrum
The government is going to auction the last spectrum of 4G mobile internet at a minimum price of over $210m in May-June,...
Six working groups to be formed on CPEC
The Punjab government is going to establish six separate working groups in order to analyse and benefit from maximum opportunities arising from...
Foreign investment up by 46 pc in 8 months of FY 2016-17
Foreign investment has hiked 46pc during first eight months of the ongoing fiscal year in comparison with the same period of the...
Large scale manufacturing registers growth of 3.48 pc in July-Jan
Large-scale manufacturing (LSM) only registered a growth of 3.48 pc YoY in July-January, lagging behind the target of 5.9pc set for the current...
Ahead of Elections 2018, govt approves issuance of new gas connections
The incumbent government is all set to initiate new gas supply schemes in constituencies of its key politicians in an attempt to...
SECP warns against investing in Arazi Ventures’ crowd funding scheme
The Securities and Exchange Commission of Pakistan (SECP) in a statement has informed that currently, no regulatory framework is in place to...
World Bank indirectly backs harmful SE Asian projects
 World Bank investments in commercial financial institutions are indirectly allowing land-grabs, evictions and pollution in Southeast Asia, a watchdog group charged in...
PIA Premier Service incurs over Rs 2b worth of losses
Ever since the launch of PIA’s Premier Service on 14th August, 2016, it has incurred losses of Rs 2.1b until 31st December...
Pak, Belarus looking to open banking channels
In order to boost the trade volume between Pakistan and Belarus, central banks of both countries have already signed a Memorandum of...
Rs 6b approved to PSO to prevent default
The Ministry of Finance has approved payment of Rs6b to Pakistan State Oil (PSO) on an urgent basis to avoid an international...
OICCI proposes growth oriented tax policies
The Overseas Investors Chamber of Commerce and Industry (OICCI) has presented a proposal asking for reduction of corporate tax rate from 30pc...
IPPs postpone guarantee call on assurance
Following a government assurance to clear the billion rupees outstanding dues till June, the Independent Power Producers (IPPs) have withdrawn their call...
Country’s DI surges by 6pc to $1.284bn in July-Feb 2016-17
Total foreign investment in the country enhanced by 46.5 per cent to $1.934 billion in last eight months of the current fiscal...