‘Transit trade’: Pak-Afghan borders opened for five days a week

PESHAWAR: Pakistan has decided to open for five days a week Torkham and Chaman border crossings in order to facilitate bilateral and...

KP govt forms power transmission company to address distribution issues

PESHAWAR: The Khyber Pakhtunkhwa government has approved the establishment of its first-ever 'Khyber Pakhtunkhwa Transmission & Grid Company (KPTGC)' to address the...

‘Govt making all-out efforts to minimise virus impact on economy’

Hammad Azhar says Centre and provinces are on same page in determining as to what industries should be opened during lockdown

COVID-19: SBP enhances financing limit for hospitals

KARACHI: The State Bank of Pakistan (SBP) has increased the financing limit for a hospital from Rs200 million to Rs500 million, under...

IMF urges aiding vulnerable workers in Asia

TOKYO: Asian policymakers must expand safety nets for the region’s huge pool of part-time and temporary workers most vulnerable to the economic...

CNG price reduced by Rs12.5 per litre in Punjab, Islamabad

Following a decline in LNG prices, the price of CNG has been slashed by Rs12.50 per litre for Punjab and Islamabad. After the...

Proposals for tariff rationalisation evaluated; sub-committee formed

ISLAMABAD: As various sectors had demanded the Ministry of Commerce and other relevant authorities to review the existing tariff structure keeping in...

Govt slashes petrol price by Rs15

ISLAMABAD: The government on Thursday reduced the prices of petroleum products by Rs15 to Rs30 to facilitate the general public amid falling crude...

Pakistan likely to miss FY20 export target by $3bn, Dawood says

ISLAMABAD: Adviser to Prime Minister on Commerce Abdul Razak Dawood has said that the country's export target of $25 billion would not...

In a first, PIA to start direct flights to US

KARACHI: The United States Department of Transportation has granted permission to Pakistan International Airlines (PIA) to conduct direct flights to the US, the...

ECNEC approves Rs175bn to settle Diamer-Basha land issues

ISLAMABAD: The Executive Committee of the National Economic Council (ECNEC) on Thursday approved Rs175.43 billion to address land and resettlement issues pertaining...

SECP proposes new regulations for insurance agents

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has notified draft Corporate Insurance Agents Regulations, 2020. The proposed regulations aim at strengthening...

PM’s aide calls for concerted efforts to achieve macroeconomic goals

ISLAMABAD: Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh on Thursday emphasised upon the need for better coordination...

Inefficient, corruption-tainted officers face compulsory retirement

ISLAMABAD: The federal government has decided to forcefully retire civil servants whose performance is not satisfactory, are corrupt and have entered into plea...

CAA incurs Rs10bn loss due to suspension of international flights

ISLAMABAD: The Civil Aviation Authority (CAA) has suffered a loss of over Rs10.5 billion in two months due to suspension of flight operation...