Top German business delegation to visit Pakistan tomorrow

It will be the first official Bavarian delegation visit to Pakistan after 20 years Objective is to explore opportunities of joint...

‘Foreign banks keen to invest in govt’s mega housing scheme’

Govt spokesman says 40pc houses will be constructed in rural areas, 40pc in urban and 20pc in slum areas  ISLAMABAD: Government’s spokesman on economy...

Petroleum group exports surge by 97.2pc in three months

ISLAMABAD: The export of petroleum group during the first quarter of the current fiscal year has registered a sharp increase of 97.2 per...

Rehman Malik writes to PM, suggests remedies for economic challenges

Senator urges PM to sale half of Pakistan’s loans to time-tested friend China after taking the parliament into confidence ISLAMABAD: Pakistan People’s Party...

Govt to impose Rs6 sales tax on cottonseed

The Federal Board of Revenue (FBR) on Saturday suggested the imposition of Rs6 per 40kgs on cottonseed as sales tax. According to details,...

Govt says won’t allow foreign reserves to fall below $8bn

KARACHI: The government on Saturday said no more dwindling in the foreign exchange reserves will be tolerated. The finance ministry spokesperson said the government...

Suspension of oil supply announced

KARACHI: Pakistan Oil Tankers Association has announced to suspend oil supply across the country. According to media reports, owing to the announcement of suspension...

Dearth of economic experts in Finance Ministry irks PM

‘There is not a single ministry official who holds a PhD degree in the field of economics and finance’ ‘Secretaries have...

Pakistan won’t need IMF again, Umar claims

–Finance minister says govt trying to bridge $12bn financing gap through policies, bailout programme –Says economy improving as exports have increased, imports are...

Railways minister vows to bring 100 new coaches in a month

'Small factories and schools built near railway tracks will be closed' LAHORE: Federal Railways Minister Sheikh Rasheed on Saturday claimed he will...

SBP issue instructions for banks to comply with AML/CFT regime

The State Bank of Pakistan (SBP), in a bid to prevent the possible use of the banking sector for fake accounts, money...

PM confident of future despite ‘plunder’ by previous govts

  Khan says past govts not only overburdened the country with excessive debts but also spoiled the institutions ISLAMABAD: The prime minister said on...

National Institute of HR Management formed

ISLAMABAD: The Security and Exchange Commission of Pakistan has accorded an approval to set up a non-profit National Institute of Human Resource Management...

France keen to increase investments, bilateral trade with Pakistan

Envoy says French language institutes will open soon in Peshawar, Faisalabad and Karachi ISLAMABAD: Senate Standing Committee on Defence Production Chairman Senator Lt...

PM invites Qatari investment to facilitate Pakistan’s economy

ISLAMABAD: Prime Minister Imran Khan on Friday invited Qatari investment in all sectors of Pakistan’s economy, especially in agriculture, livestock and energy. He also...