Sugar mill association files petition against inquiry commission
ISLAMABAD: Pakistan Sugar Mills Association (PSMA) on Wednesday filed a petition to Islamabad High Court (IHC) challenging the establishment of a sugar...
Four economic zones approved for KP
PESHAWAR: The Khyber Pakhtunkhwa Economic Zones Development and Management Company (KPEZDMC) has approved four locations for economic zones in the province.Â
The selected...
ADB approves $500m loan to Pakistan to aid Covid-19 responseÂ
MANILA: The Asian Development Bank (ADB) has approved a $500 million loan to help the Pakistan Government deliver social protection programs to...
Make in Pakistan policy to ensure job creation, says Razak Dawood
ISLAMABAD: The federal government will pursue ‘Make in Pakistan’ policy to generate economic activity and rationalise tariffs to ensure an export led...
Pakistan among latest countries to get Paris Club debt relief
PARIS: The Paris Club of creditor nations have agreed to suspend debt service payments from Chad, Ethiopia, Pakistan and Republic of Congo...
Payment transactions volume falls 4.2pc in third quarter: SBP
KARACHI: The total payment transactions in Pakistan showed a decrease of 4.2 percent by volume and 3 percent by value in the...
NEC to approve Rs1.41trillion national development outlay for next fiscal year
ISLAMABAD: The National Economic Council (NEC) is set to give approval for Rs1.41 trillion National Development outlay for the next fiscal year.Â
According...
Meezan bank completes issuance of Rs200 billion energy sukukÂ
KARACHI: Meezan Bank, has played a leading role in successfully concluding the issuance of Pakistan Energy Sukuk (PES) II worth approximately Rs...
Cabinet approves appointment of SNGPL directors, SME Bank president
ISLAMABAD: The Federal cabinet on Tuesday approved the appointment of 11 Board of Directors (BoD) of Sui Northern Gas Pipelines Limited (SNGPL)...
Government agrees to not borrow from SBP
ISLAMABAD: As the third round of talks between the Pakistan government and the IMF came to an end on June 9, it...
Pakistan to target 2.3% growth in FY21 budget as economy recovers from pandemic
ISLAMABAD: Pakistan will target growth of 2.3% in fiscal year 2020-21, according to government officials and documents seen by Reuters that said...
Government, IMF reach consensus to increase salaries, pensionsÂ
LAHORE/ISLAMABAD: The Pakistan government and the International Monetary Fund (IMF) reached a consensus on Tuesday, on not putting a freeze on the...
Locusts pose a bigger economic threat to Pakistan than the virus
Swarms of locusts spreading across Pakistan are emerging as a bigger threat to the economy than the coronavirus pandemic, with the pests...
Government initiates inquiry against oil companies
ISLAMABAD: The federal government has initiated an inquiry against Oil Marketing Companies (OMCs) that will ascertain their alleged involvement in the current...
Business community calls for business friendly policies at the Torkham border
PESHAWAR:The Sarhad Chamber of Commerce and Industry (SCCI) has urged the government to review its policies related to the Torkham border in...