Finance ministry refutes news regarding less transfers made to Sindh

ISLAMABAD: The Ministry of Finance on Thursday refuted news reports/statements which claimed that the federal government has made less transfers to the province...

Cargill commits to invest over $200mn in Pakistan

Cargill aims to partner on Pakistan's growth by bringing its global expertise and investment into the country PM says Pakistan is...

SECP chief visits PSX, discusses reform agenda with directors

KARACHI: Securities and Exchange Commission of Pakistan (SECP) Chairman Farrukh H Sabzwari, along with his team, visited the Pakistan Stock Exchange Limited...

CPEC-funded Multan-Sukkur Motorway to be operational by August

Sukkur-Multan motorway has a design speed of 120km per hour, and it is a two-way six-lane road with a contractual value...

Petroleum minister hints at establishing LNG storage facility

ISLAMABAD: Petroleum Minister Ghulam Sarwar Khan has hinted at establishing a liquefied natural gas (LNG) storage facility to maintain the strategic stock of...

Petroleum minister briefed on pace of offshore drilling at Indus G-Block

Exxon Mobil Chief Executive Officer Irtiza Syed on Wednesday briefed Petroleum Minister Ghulam Sarwar Khan on the pace of ongoing exploration activity...

‘Confiscated cellphones could be released after payment of duty’

The government announced on Wednesday that mobile phones that have been seized or voluntarily presented to Customs authorities after January 15, could...

Sindh govt sings MoU with SECP to set up business registration portal

The Securities and Exchange Commission of Pakistan (SECP) signed a memorandum of understanding (MoU) with four Sindh government departments to launch a...

Tax department misses revenue target by Rs158bn

FBR officials say only four per cent of the country’s population pays tax ISLAMABAD: The tax department on Wednesday admitted that it has missed...

Large-scale manufacturing dips by 0.9pc in five months

ISLAMABAD: The large-scale manufacturing industries (LSMI) of the country has witnessed a decline of 0.9pc during the first five months of the current...

Foreign direct investment falls 77.2pc to $899.5m

ISLAMABAD: Pakistan’s Foreign Direct Investment (FDI) during the first half of current fiscal year (2018-19), fell by 77.2pc to $899.5 million as compared...

Pakistan, KSA discuss ways to enhance bilateral trade

The meetings of Saudi-Pakistani trade mission began in Jeddah last Sunday, where 30 Pakistani and 86 Saudi food and building material companies...

Distribution companies seek 63 paisa per unit power tariff hike

NEPRA has called a hearing on 23rd January to consider the proposed adjustment for December 2018 ISLAMABAD: Power distributing companies (DISCOs) have asked...

‘All targets set in 11th five-year plan missed’

Planning minister says core objective of 12th five-year plan is to create 10 million jobs and enhance the sustainability of economic growth ISLAMABAD: Planning,...

LCCI calls for representation of private sector in policymaking 

LAHORE: Lahore Chamber of Commerce and Industry President Almas Hyder has called for representation of the private sector in policymaking to ensure immediate...