Finance ministry clears the air surrounding FATF

ISLAMABAD: Referring to a news report on issues regarding Pakistan’s Financial Action Task Force (FATF) and its Asia Pacific Group (APG), the Ministry...

NHA to build Gilgit-Shandoor road to provide alternate route to CPEC

ISLAMABAD: The National Highway Authority (NHA) has planned to build a 216-kilometre Gilgit-Shandoor road to provide an alternate route to China Pakistan Economic...

Senate panel to discuss impact of rupee devaluation on economy

ISLAMABAD: The State Bank of Pakistan (SBP) will brief the Senate’s Standing Committee on Finance and Revenue tomorrow (Tuesday) regarding the recent devaluation...

PR establishes task force on freight

ISLAMABAD: Pakistan Railways has established a task force on freight trains to improve its business on the directives of Railways Minister Sheikh Rasheed...

Private sector urged to promote export industry

President stresses the need to enhance the scope of  local manufacturing, especially in the automobile industry ISLAMABAD: President Dr Arif Alvi on Monday called...

PM against power tariff hike, orders alternative solutions

PM Khan against burdening masses with increase in power tariff, orders alternative solutions Asks officials to work on tariff rationalisation, curtailing...

KCCI vows to address traders’ plight

KARACHI: Karachi Chamber of Commerce and Industry (KCCI) President Junaid Esmail Makda has assured the members of All Pakistan Motorcycles Spare Parts Importers...

Agri development under CPEC to reduce trade deficit with China: report

ISLAMABAD: The recent inclusion of agriculture sector in the long-term plan of China Pakistan Economic Corridor (CPEC) provides Pakistan with an opportunity to...

ECC again defers power tariff hike

The Economic Coordination Committee (ECC) meeting, chaired by Finance Minister Asad Umar, has again deferred the decision to increase the power tariff. During...

Pakistan ‘gifts’ 15,000 livestock animals to Gulf countries despite ban

'Influentials sitting in important ministries and those belonging to foreign missions were involved in the export after taking permission from former PM...

ECC likely to increase electricity tariff by Rs3.81 per unit

Consumers will have to bear an additional burden of about Rs406 billion ISLAMABAD: The Economic Coordination Committee (ECC) has decided to go ahead...

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...