Pakistan has high production costs due to expensive energy: Ishrat Hussain
ISLAMABAD: Former Governor State Bank of Pakistan (SBP) Dr Ishrat Hussain said on Thursday that Pakistan has a very high cost of production particularly due...
High-level Chinese delegation visits defence production ministry
ISLAMABAD: A high-level Chinese delegation visited the Ministry of Defence Production and held a bilateral meeting, co-chaired by Ministry of Defence Production...
MoC proposes rationalisation on 515 tariff lines
ISLAMABAD: Commerce Division, which is currently working on the formulation of Strategic Trade Policy Framework 2018-23 in consultation with the stakeholders, has...
Transport corridor projects to create economic surplus: WB report
ISLAMABAD: A report launched by the World Bank Group (WB) here on Thursday revealed that investment in transport corridors is expected to...
Revenue share of tobacco industry decreases to 83.69bn in 2016-17
KARACHI: The revenue collection of Federal Board of Revenue (FBR) on documented cigarettes further declined to Rs83.69 billion in the year 2016-17...
Revisions in aid to Pakistan unlikely to shake its finances: Moody’s
LAHORE: International rating agency Moody’s Investors Service (Moody’s) has maintained that Trump administration’s revision of US military aid is highly unlikely to...
Ministers exchange heated words as PIA/PSM privatisation unfolds
ISLAMABAD: Chairman of NA Standing Committee on Privatisation Syed Imran Ahmed Shah took his own government with iron hands over the proposed...
21.74pc growth of food group exports in eight months
ISLAMABAD: Food group exports from the country during the first eight months of the current financial year grew by 21.74 per cent as...
China provided Rs121 bn debt to Pakistan in first eight months
ISLAMABAD: China has given Rs121 billion debt to Pakistan in the first eight months of the current fiscal year 2017-18, it has been...
PIA privatisation reaches Phase-II
ISLAMABAD: Massive liabilities worth Rs324 billion has become a major headache for stakeholders inolved in the privatisation of Pakistan International Airlines (PIA). In...
FBR, NTC sign MoU for electronic exchange of information
ISLAMABAD: Federal Board of Revenue (FBR) and National Tariff Commission (NTC) have signed a Memorandum of Understanding (MoU) for the exchange of...
Market Daily: PSX rallies up as rupee devalues
LAHORE: The KSE 100 index extended its rally from Tuesday’s session on the back of the depreciated rupee after the central bank...
FBR meets PSO leadership, discuss tax compliance and revenue generation
ISLAMABAD: As part of the Federal Board of Revenue's (FBR's) taxpayers outreach programme aimed at acknowledging the contribution of taxpayers and offering them...
Dollar trading at Rs116 in open, Rs115.5 in interbank markets
KARACHI: The US dollar stands at Rs116 in the open market and at Rs115.50 in the interbank market, Forex Association President Malik Bosan...
ICCI voices concerns over steep fall of rupee against dollar
ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) has voiced serious concerns over the sharp fall in the value of Pakistani...