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...
Pakistan set to export car part to Toyota Vietnam
ISLAMABAD: AuVitronics Limited, is set to export a car part to Toyota Motor Vietnam Co, Ltd. (TMV), making it a member of...
PSX settles flat at 34803.6 points
LAHORE: The Pakistan Stock Exchange (PSX) swung between red and green on June 9, finally settling at 34,803.60 points by the end...
PIA incurring Rs6bn loss per month, PM told
ISLAMABAD: Pakistan International Airlines (PIA) Chief Executive Officer Air Marshal Arshad Malik on Monday apprised Prime Minister Imran Khan that in the...
Govt devises plan to attract $5bn FDI in oil and gas industry
ISLAMABAD: The government has devised a plan to attract foreign direct investment (FDI) of $5 billion for the exploration and production of...
Prolonged lockdown to severely impact Pakistan’s economy: SBP
KARACHI: An increase in the time span of measures taken to curtail the Covid-19 pandemic spread in Pakistan will severely impact the...
Achasoda.com bids to simplify procurement for businesses
ISLAMABAD:Â Achasoda.com, a B2B e-commerce platform that can potentially simplify the procurement process for buying businesses has been launched in Pakistan.Â
The platform is...
Govt fails to rationalise tariff structure despite tall claims
ISLAMABAD: Despite making tall claims about 'tariff structure rationalisation after due consultations with stakeholders', the commerce ministry, industries & production ministry and...
Tobacco sector lobbying for tax concessions in upcoming budget
LAHORE: As the federal budget approaches the tobacco sector has stepped up its efforts to lobby for tax concessions, amid an economic...