APTMA sends budget proposals to finance minister

KARACHI: In its budget proposals, the All Pakistan Textile Mills Association (APTMA) has said that the availability of electricity at regionally competitive prices is of...

K-Electric claims power shortfall due to low gas supply, SSGC denies claim

KARACHI: Due to a reduction in gas supply, 500MW gas fired plants are currently not operational in Karachi and creating an additional...

South Asia to become global leader in agricultural trade: SCCI

ISLAMABAD: SAARC Chamber of Commerce and Industry (SCCI) Vice President Iftikhar Ali Malik Wednesday said that adopting a unanimous market-oriented agricultural policy...

FBR launches knowledge-base portal

ISLAMABAD: Federal Board of Revenue (FBR) has launched the first version (Beta) of a Knowledge Base Portal for guidance and facilitation of taxpayers....

ICCI calls for a cut in high tax rates in next budget to improve tax revenue

ISLAMABAD: President, Islamabad Chamber of Commerce and Industry (ICCI) Sheikh Amir Waheed has said that the high tax rates in Pakistan was...

Emerging geo-strategic environment requires closer Pak-Iran ties: IPI conference

ISLAMABAD: Speakers at a conference on Tuesday urged Pakistan and Iran to address each other’s concerns for taking the relationship forward particularly...

KCCI criticizes govt’s move to limit Sindh Food Authority to Karachi only

KARACHI: President of the Karachi Chamber of Commerce and Industry (KCCI) Muffasar Atta Malik, while criticizing government’s move to limit the operations...

Pakistan to be among top 50 of EoDB list by 2020

LAHORE: Provincial Finance Minister Dr Aisha Ghaus Pasha said that Pakistan aims to be among the top 50 countries on the Ease...

China to provide assistance for PIA, aviation industry

ISLAMABAD: Pakistan and China have mutually agreed on extending their bilateral relations and to work collectively for the betterment of Pakistan International...

Economic stability, law and order has boosted confidence of foreign investors: PM

ISLAMABAD: Prime Minister Shahid Khaqan Abbasi Monday said that Pakistan has achieved significant economic stability and with the improved law and order...

Punjab focuses on cotton cultivation, subsidies to get quality yield

LAHORE: There is a complete ban on the cultivation of cotton in the province before the start of April due to chances of...

FIA seeks fact-finding report over inquiry of corruption in PSQCA

ISLAMABAD: Federal Investigation Agency (FIA), which had earlier started an inquiry into corruption and illegal appointments at Pakistan Standard Quality Control Authority...

Seven Pakistani entities added to US export control list

The United States has added seven Pakistani companies to a list of foreign entities that are subject to stringent export control measures,...

CAA deposits Rs5 bn in Ali Jahangir Siddiqui’s JS Bank, violating Finance Division’s rules

ISLAMABAD: In a surprising development, it has reliably been learnt that the Civil Aviation Authority (CAA) has deposited Rs5 billion of funds, which...

Pakistan has high production costs due to expensive energy: Ishrat Hussain

ISLAMABAD: Former Governor State Bank of Pakistan (SBP) Dr Ishrat Hussain said on Thursday that Pakistan has a very high cost of production particularly due...