ECC approves Rs17bn support package for PIA

Committee approves to raise fresh financing of Rs35.806bn for PHPL through a syndicate of banks SSGCL directed to withdraw gas load...

FBR initiates online payment of refunds to exporters

The Federal Board of Revenue (FBR) has initiated online payments of sales tax refunds to exporters. The FBR has released Rs8.70 billion to...

Singapore central bank chief warns of risks to data localisation measures

A number of other countries in Asia and elsewhere are pursuing data localization laws as they seek greater control over the internet

‘PM Imran to inaugurate Hyderabad Express on 15th’

Railways minister says decision to convert Railways Walton Academy into a university has been made LAHORE: Railways Minister Sheikh Rasheed Ahmad on Saturday...

FBR issues Rs8.741bn sales tax refunds to export-oriented sectors

ISLAMABAD: The Federal Board of Revenue has asked the State Bank of Pakistan to release Rs8,741 million worth sales tax refunds to export-oriented...

Asad Umar lauds overseas investors’ contributions, assures redressal of woes

FM says the benefits of revised economic strategy would become visible in next six to nine months KARACHI: Finance Minister Asad Umar on...

Naqvi shouldn’t be blamed for Abraaj’s disintegration, says lawyer

Mr Naqvi’s lawyer Habib Al Mulla, executive chairman of Baker & McKenzie said the Abraaj scandal had inflicted “some damage” to Dubai’s reputation and raised fingers at the local regulators including DFSA

‘Work on Naulong Dam to commence within two months’

ISLAMABAD: The Senate’s Standing Committee on Water Resources on Friday informed that work on the Naulong Dam in district Jhal Magsi, Balochistan, will...

Overseas Pakistanis remit $7.4bn in four months

Overseas Pakistani workers remitted $7419.98 million in the first four months (July to October) of Financial Year 2018-19 (FY19), as compared to...

FBR collects data of 96,000 Pakistanis with foreign accounts: NA told

ISLAMABAD: Minister of State for Finance, Revenue and Economic Affairs Hammad Azhar on Friday informed the National Assembly that the Federal Board of Revenue...

Pakistan to brief IMF on wealth fund for state-owned institutions

ISLAMABAD: The economic managers of Pakistan Tehreek-e-Insaf (PTI) will brief the visiting delegation of International Monetary Fund (IMF) on the proposed wealth fund...

Pakistan, S Korea agree to enhance economic cooperation

ISLAMABAD: Pakistan and Republic of Korea (RoK) have agreed in principle the need for high-level visits from RoK to Pakistan in order to...

SBP reserves decrease by 98m, stand at 7.6bn

KARACHI: State Bank of Pakistan (SBP) on Thursday said the total liquid foreign reserves held by the country stood at $14,068.1 million as...

Senators call for reduction in gas, electricity prices

Opp senators demand details of PM’s visit to Saudi, China ISLAMABAD: The senators on Thursday called for effective measures to bring down prices...

FM Queshi ignores D-8 Council’s meeting for China

'Govt had not nominated anyone from key federal ministers to attend the meeting in Turkey' ISLAMABAD: Foreign Minister Shah Mehmood Qureshi preferred visiting...