KP traders lament imposition of visa condition on Afghanistan-bound transporters

PESHAWAR: The Sarhad Chamber of Commerce and Industry (SCCI) has expressed concern over the imposition of a new visa/passport condition on drivers...

President Alvi directs FBR to recover Rs14.4m in bogus tax refunds case

Dr Alvi upholds FTO's decision against the irregularities committed by FBR field formations in registering, processing, sanctioning and issuing sales tax refunds to fake registered persons during 2012-13

Pakistan to receive 500,000 doses of Chinese vaccine on Sunday, Senate told

ISLAMABAD: The Upper House of the Parliament was informed on Friday that the federal cabinet has approved $1.5 billion agreements that were...

Pilot, five CAA officers arrested in fake licence scandal

A pilot and five officers of Civil Aviation Authority (CAA) have been arrested by the Federal Investigation Agency (FIA) in the pilots'...

OGRA proposes up to Rs12 hike in fuel prices

ISLAMABAD: The prices of petroleum products in Pakistan are likely to go up yet again from February 1, as the Oil and...

OGRA determines gas price at Rs778.59 per mmbtu for SSGC

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has increased gas price for consumers of Sui Southern Gas Company Limited (SSGC) by...

EXIM Bank of Korea to provide $49m loan for Chakdara–Timergarah Road

ISLAMABAD: Pakistan and the EXIM Bank of Korea have signed a $49.045 million loan agreement for construction of the Chakdara–Timergarah Road (section-I). Economic Affairs...

Pakistan, Kuwait agree to enhance trade, investment cooperation

ISLAMABAD: Pakistan and Kuwait have expressed resolve to enhance cooperation in economic, trade, oil and gas, energy, investment, agriculture, IT and health...

ECC forms committee to review OMCs’ margins on petroleum products

Committee okays continuation of general subsidy on five essential items through USC; approves allocation of gas from Mari Petroleum wells to SSGC; defers five-year textile policy for further deliberations

Govt allows export companies to establish branch offices abroad

ISLAMABAD: The federal government has allowed export-oriented companies to establish branch offices abroad, it was learnt on Wednesday. Sources said that the Economic...

Work on CASA-1000 transmission line project commences

Energy minister, IsDB president inaugurate construction of 113km power transmission lines from Pak-Afghan border to Nowshera under CASA-1000

Malaysia releases PIA plane seized over payment dispute

KARACHI: The Malaysian authorities have released the Pakistan International Airlines (PIA) plane which was seized after the national flag carrier failed to...

Pakistan finally grants GI tag to Basmati to contest Indian case in EU

Nepal also opposes Indian application for exclusive GI rights for Basmati

ECC likely to approve allocation of gas from Mari Petroleum wells to SSGC

ISLAMABAD: The federal cabinet's Economic Coordination Committee (ECC) is likely to approve the allocation of around 22 million cubic feet per day...

Turkey-Pakistan cargo train service to be launched soon: envoy

KARACHI: Consul General of Turkey Tolga Ucak on Tuesday held meetings with members of leading trade bodies of Pakistan to discuss possibilities...