Govt in no haste to launch dollar-based saving certificates for expats
The certificates are supposed to target remittances that are not channelised and are held back in the resident countries of overseas Pakistanis
ISLAMABAD:Â While...
PR closes 23 passenger train routes owing to less commercial viability
ISLAMABAD:Â Pakistan Railways (PR) has discontinued 23 routes of passenger trains due to the high cost of maintenance in these sections and less...
‘Govt removing all bottlenecks to facilitate foreign entrepreneurs’
PM says his vision is to transform Pakistan into a country where overseas Pakistanis and foreign investors could work without fear
ISLAMABAD:Â Prime...
NFIS proposes amendments to stamp duty laws
Committee suggests introduction of e-stamping regime for insurance policies
ISLAMABAD:Â The Technical Committee on Insurance (TCI) formed in pursuance of the National...
Govt accepts SECP chief’s resignation, appoints Tahir Mehmood as acting chairman
Tahir Mehmood has been officially appointed as the acting chairman of the Securities and Exchange Commission of Pakistan (SECP).
Being the senior most...
Govt reaffirms resolve to implementing global development agenda
Planning minister says govt focuses on improving and strengthening social and human development
ISLAMABAD:Â Planning, Development and Reforms Minister Khusro Bakhtiar said on...
Consultative session held on proposed amendments to motor vehicle laws
ISLAMABAD:Â The Securities and Exchange Commission of Pakistan has convened a consultative session on the proposed amendments to the Motor Vehicles Act, 1939.
Representatives...
Business community lauds Saudi bailout package, PM Khan’s leadership
SAARC chamber SVP urges opposition parties to sink their political differences and come forward to help strengthen national economy
LAHORE: Saudi Arabia...
Govt raises power rates a day after Saudi bailout
ECC approves increase in tariff for consumers using more than 300 units, allows five per cent decrease in electricity rates for...
Govt formulates new privatisation programme
ISLAMABAD:Â The incumbent Pakistan Tehreek-e-Insaf (PTI) government has started work on a new privatisation programme, it has been learnt.
Documents have revealed that the...
Senate body questions SBP’s autonomy
ISLAMABAD: As the central bank devalued local currency against dollar for multiple times during the past one year, the members of Senate’s Standing...
Import of edible oil reduces by 70pc in three months
ISLAMABAD: The imports of edible oil, soybean and palm, into the country reduced by 70.47 per cent and 4.82 per cent during the first...
‘Development of SEZs govt’s top priority’
Planning minister asks Chinese developer to ensure a level playing field for local as well as foreign investors at Rashakai SEZ
ISLAMABAD:Â The present...
Banks asked to facilitate credit card holders
The State Bank of Pakistan on Monday issued a circular regarding ‘Operational Guidelines for Credit Card Business in Pakistan’.
The central bank observed...
Current account deficit contracts 2.6pc in three months
The current account deficit, which is one of Pakistan’s biggest economic challenges, has contracted by 2.6 per cent YoY to $3.7 billion,...