Govt prepares new budget amid balance of payments squeeze
'This is not just about taxation measures, it is about encouraging investment, whether in the stock exchange, industry, financial sector or...
PECO MD removed over alleged differences with board members
ISLAMABAD:Â The Ministry of Industries and Production (MOIP) has removed Mairaj Anees Ariff from the top slot of Pakistan Engineering Company Limited (PECO),...
Agriculture sector may get Rs35bn subsidy in mini-budget Â
Planning ministry has approved a subsidy of Rs405 per urea bag and proposed the same for the federal cabinet’s approvalÂ
ISLAMABAD:Â The agriculture...
Govt takes Rs20.5bn French loan to complete Peshawar metro project
ISLAMABAD:Â The French embassy in Islamabad on Tuesday announced that it was extending a Rs 20.5 billion (Euro 130 million) loan to the...
‘Sibi-Harnai railway route to be opened in three months’
The route was closed after militants blew up ten bridges in 2006
ISLAMABAD: Railways Minister Sheikh Rasheed Ahmed said on Tuesday that concrete...
Govt initiates plans to restructure PIA, Senate told
Minister says the airline plans to terminate around 200 ghost employees, besides replacing 20-year-old software with a new one
ISLAMABAD:Â Aviation Division Minister Muhammad...
UAE signs $3bn support package for Pakistan
'The directive to deposit $3bn with SBP aligns with the UAE leadership’s keenness to bolster Pakistan’s economy'
Pakistan and the United Arab...
IUCN, EU to invest €14m in Balochistan for water conservation
ISLAMABAD: The International Union for Conservation of Nature (IUCN) and European Union would invest €14 million euros in Balochistan for water conservation.
European...
Govt to install 100,000 digital metres next month
Minister directs distribution companies to prepare and implement a three-month plan for feeder-wise anti-theft operationÂ
Federal Power Division Minister Omar Ayub Khan...
AGP recommends special audit of PIA’s offshore subsidiaries
'National exchequer is facing losses worth billions due to offshore registration of PIA subsidiaries in the British Virgin Islands'
ISLAMABAD:Â The Auditor General of...
Bakhtiar calls for investor-friendly regulations in Gwadar
'Gwadar will be a green, clean and environment-friendly city'
Planning, Development and Reform Minister Makhdoom Khusro Bakhtiar on Monday called for the provision...
IT exports fetch $540m in six months
An increase of $20 million when compared to export figures of the same period last year
ISLAMABAD:Â The information technology (IT) and telecommunication industry...
FM Qureshi, Chinese envoy discuss CPEC progress
Chinese Ambassador to Pakistan Yao Jing called on Foreign Minister Shah Mehmood Qureshi at the Ministry of Foreign Affairs on Monday.
During the...
Careem asked to employ returning expats in transport service
CEO Junaid Iqbal stresses the need to formulate e-laws so that all forms of online businesses could be regulated
ISLAMABAD:Â Special Assistant to...
‘Govt taking all possible measures to facilitate private sector’
President urges industrial sector to use modern technology in order to enhance its capacity and quality
ISLAMABAD:Â President Dr Arif Alvi said on Monday...