Textile export fetches $12.31bn in 11 months
ISLAMABAD:Â The textile exports from the country during July-May 2018-19 were recorded at $12.31 billion as compared to the exports of $12.32 billion...
SBP sells Rs59.4bn worth of PIBs
KARACHI: The State Bank of Pakistan (SBP) has raised Rs59.4 billion through the sale of Pakistan Investment Bonds (PIBs).
SBP data showed that...
Spanish investors invited to explore Pakistani market
ISLAMABAD:Â Commerce Secretary Sardar Ahmad Nawaz Sukhera on Tuesday invited the Spanish investors to visit Pakistan and hold business-to-business meetings with their Pakistani...
Govt to impart skill training to labourers for CPEC projects
Most Pakistani laborers in CPEC are unskilled, leaving space for the Chinese skilled workers to seize the employment opportunities
ISLAMABAD:Â The National Vocational...
Senate body seeks detailed briefing on ‘PIA’s sustainability plan’
ISLAMABAD: The Senate Standing Committee on Aviation on Tuesday sought a detailed briefing from the Pakistan International Airlines Company Limited (PIACL) Board...
Minister stresses need to promote olive cultivation in Pakistan
ISLAMABAD:Â National Food Security and Research Minister Sahibzada Mehboob Sultan said on Tuesday that promotion of olive cultivation would not only help Pakistan...
Pakistan, China agree to expedite work on SEZs
ISLAMABAD:Â Pakistan and China have agreed to expedite the implementation of industrial cooperation under the China Pakistan Economic Corridor framework so as to...
Textile exports increase 2pc to $11.4bn
ISLAMABAD:Â The export of textile and its articles from the country witnessed an increase of 2.17 per cent during the first ten months...
OGRA official flouts rules, submits reply on flare gas usage without consultation
ISLAMABAD: The Member Finance of the Oil and Gas Regulatory Authority (OGRA), while submitting a reply to Petroleum Division "on the behalf...
‘Crackdown against sugar mafia to be launched soon’
ISLAMABAD:Â Minister of State for Revenue Hammad Azhar said on Monday that although the government imposed a tax of only Rs3.30 per kg...
Business community laments ‘tax-levied, ambitious’ budget
'Govt said common man will not be affected, but then tax on sugar has been increased to 17pc from 8pc'
Following the...
EAC sub-groups asked to implement NFIS recommendations
ISLAMABAD: Finance Minister Asad Umar on Saturday chaired a meeting of the Economic Advisory Council’s (EAC) sub-groups on National Financial Inclusion Strategy (NFIS)...
ECC asks energy ministry to explain Sukuk disbursement method
ISLAMABAD: The Economic Coordination Committee (ECC) on Friday directed the energy ministry to furnish the "disbursement methodology" of circular debt.
Adviser to Prime...
FBR directs field formations to furnish details of Tier-1 retailers
ISLAMABAD: The Federal Board of Revenue (FBR) has directed its field formations to furnish the details of Tier-1 retailers integrated with Point...
French budget deficit sinks to 12-year low
PARIS: France's budget deficit fell to a 12-year low of 2.5pc in 2018, a greater-than-expected decline achieved despite falling growth and purchasing...