Pakistan to contribute $3m to SAARC Covid-I9 Emergency Fund

ISLAMABAD: Pakistan has decided to contribute $3 million towards the SAARC Covid-I9 Emergency Fund. According to sources, the Ministry of Foreign Affairs has requested...

SECP asks listed companies to implement gender diversity policies

ISLAMABAD: In order to foster a beneficial and comfortable working environment for Pakistani women, the Securities and Exchange Commission of Pakistan (SECP)...

Ministry seeks Rs1.5bn grant for disbursement of loans under PM’s low-cost housing scheme

ISLAMABAD: The Ministry of Housing & Works has asked the federal cabinet's Economic Coordination Committee (ECC) to approve a Rs1,500 million technical...

PM Imran directs Hafeez Shaikh to continue as minister

Reposing full confidence in Finance Minister Dr Abdul Hafeez Shaikh, who had lost the Islamabad seat to Pakistan Democratic Movement’s (PDM) joint...

Peshawar Northern Bypass project faces delay due to shortage of funds

PESHAWAR: The Northern Bypass Project in Peshawar is facing further delay due to diversion of funds and non-utilization of allocated resources. For the past...

FBR signs $120m track & trace contract with AJCL Consortium 

ISLAMABAD: The Federal Board of Revenue (FBR) on Friday signed a $120 million contract for track & trace system with AJCL Consortium. According to...

Work on establishment of five port terminals underway: minister

LAHORE: Maritime Affairs Minister Syed Ali Haider Zaidi has said that work on the establishment of five port terminals in the country is...

Colonisation of second CPEC economic zone begins with Rs53.6bn planned investments

ISLAMABAD: After the launch of China-Pakistan Economic Corridor's first special economic zone (SEZ) in Rashakai, colonisation of the 2nd CPEC SEZ, Allama...

ICT admin to conduct four-year audit of Sabzi Mandi

ISLAMABAD: Amid reports of massive irregularities, the Islamabad Capital Territory (ICT) administration has decided to conduct an audit of the capital's Sabzi...

MoIP proposes record Rs6.37bn Ramzan relief package

ISLAMABAD: Unlike previous years, the incumbent government is going to introduce a mega relief package for the holy month of Ramzan this...

PM Imran stresses enhanced cooperation between ECO member states

Prime Minister Imran Khan has emphasised taking full advantage of geographical location, economic assets and political relationships among members of the Economic...

ECC likely to approve Rs114bn subsidy for Power Division

ISLAMABAD: The federal cabinet's Economic Coordination Committee (ECC) is likely to approve the allocation of Rs114.5 billion as technical supplementary grant (TSG)...

PIA gets Rs9.84bn to pay employees retiring under VSS scheme

ISLAMABAD: The federal government has released funds to the tune of Rs9.84 billion for payment of dues to those Pakistan International Airlines (PIA)...

Hafeez Shaikh to become adviser again following Senate defeat

ISLAMABAD: As Finance Minister Abdul Hafeez Shaikh has lost the Senate election against former premier Yousuf Raza Gillani, he may again become...

Profit on saving schemes raised by up to 60bps

The rates of National Saving Schemes (NSS) have been raised by up to 60 basis points, with effect from March 3, 2021. The...