Rs16.26bn released for Lahore-Multan Motorway

ISLAMABAD: The federal government has so far released Rs16.266 billion for Lahore-Multan section (M-3 section) of the Karachi-Lahore Motorway. The government had allocated a...

ECC approves export of 0.5m tonnes of surplus wheat

Committee directs Ministry of Energy to proceed with the raising of syndicated Islamic Term Finance Facility of Rs200bn to repay circular...

SBP releases first quarterly report on state of economy

'With foreign investments declining on a yearly basis and external borrowing by the private sector remaining subdued, the financial inflows proved...

New aviation policy in the offing, says minister

ISLAMABAD: Privatisation and Aviation Minister Muhammad Mian Soomro said on Tuesday that a new aviation policy was being designed keeping in view the...

SBP launches M-Wallet scheme to promote home remittances

'Remittance can now be received directly in M-wallets and there is no requirement to visit a bank branch, fill forms or stand...

PML-N’s Zubair lambasts Asad Umar, terms mini-budget ‘a political statement’

Former Sindh governor Muhammad Zubair, while criticising the economic policies of the incumbent government, has termed the recently announced mini-budget as a...

‘Punjab govt to host int’l livestock show next month’

Punjab Chief Minister Sardar Usman Buzdar has said an International livestock show will be hosted by his provincial government in the month...

ECC meeting to be held tomorrow

ISLAMABAD: Finance Minister Asad Umar has called the meeting of Economic Coordination Committee tomorrow (Tuesday) to discuss on a two-point agenda. Report related to...

PPRA blacklists 45 companies over charges of fraud, corruption

ISLAMABAD: The Public Procurement Regulatory Authority (PPRA) has blacklisted some 45 national and international companies over charges of submission of fake/forged documents...

‘Govt committed to facilitating furniture exports’

Finance minister praises Pakistan Furniture Council for utilising all available resources to attract foreign investment LAHORE: Finance Minister Asad Umar said on Monday...

Senate body seeks in-camera briefing on Reko Diq, Saindak projects

ISLAMABAD: The Senate Standing Committee on Petroleum, after holding a thorough discussion on the mining of copper and gold deposits in Balochistan on...

CCP imposes Rs5m penalty on Lahore-based café

'The café was fraudulently using the official logo of int'l coffeehouse chain, Starbucks' ISLAMABAD: The Competition Commission of Pakistan (CCP) has imposed a penalty of...

Zulfi Bukhari urges expats to use legal channels for money transfer

ISLAMABAD: Special Assistant to Prime Minister on Overseas Pakistanis and Human Resource Development Zulfikar Bukhari said on Monday that the incumbent government...

Razak Dawood instrumental in shaping business-friendly mini-budget

ISLAMABAD: Unlike the previous ministers of commerce and industry, Prime Minister’s Adviser on Commerce Abdul Razak Dawood has proved to be highly...

Three bogies of newly-inaugurated freight train derail

Three bogies of a freight train derailed at the Drigh Road Railway Station in Karachi on Saturday. Rail traffic was suspended as...