Govt allows export companies to establish branch offices abroad

ISLAMABAD: The federal government has allowed export-oriented companies to establish branch offices abroad, it was learnt on Wednesday. Sources said that the Economic...

Work on CASA-1000 transmission line project commences

Energy minister, IsDB president inaugurate construction of 113km power transmission lines from Pak-Afghan border to Nowshera under CASA-1000

Malaysia releases PIA plane seized over payment dispute

KARACHI: The Malaysian authorities have released the Pakistan International Airlines (PIA) plane which was seized after the national flag carrier failed to...

Pakistan finally grants GI tag to Basmati to contest Indian case in EU

Nepal also opposes Indian application for exclusive GI rights for Basmati

ECC likely to approve allocation of gas from Mari Petroleum wells to SSGC

ISLAMABAD: The federal cabinet's Economic Coordination Committee (ECC) is likely to approve the allocation of around 22 million cubic feet per day...

Turkey-Pakistan cargo train service to be launched soon: envoy

KARACHI: Consul General of Turkey Tolga Ucak on Tuesday held meetings with members of leading trade bodies of Pakistan to discuss possibilities...

Valuation of PSM’s core assets likely to be completed by 31st

ISLAMABAD: The valuation of core assets of Pakistan Steel Mills (PSM), which will be transferred to a new subsidiary, is underway and...

‘Word Bank pledges $2bn for Punjab uplift’

Dr Firdous says WB will invest the amount in five important areas, including girls’ education, clean & green Pakistan and governance standards

ECC may approve upward revision in OMCs’ margin on petrol, HSD

Petroleum Division has proposed Rs0.45 per litre hike in OMCs' margin on MS and HSD

NAB not pursuing tax cases against business community, says chairman 

Javed Iqbal says over Rs480bn recovered in three years; laments propaganda against anti-graft watchdog

Cabinet requested to allow issuance of Ijara Sukuk against Rs930bn land of F-9 Park

ISLAMABAD: The Ministry of Finance has requested the federal cabinet to allow the issuance of Ijara Sukuk in the domestic and international...

SECP improves security of electronic filings, company registration process

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has improved the security of electronic filings as well as company registration process. According to...

Japan commits over Rs3bn to install weather radar in Sukkur

ISLAMABAD: Economic Affairs Minister Makhdoom Khusro Bakhtyar on Monday witnessed the signing of a Japanese grant assistance of JPY1.986 billion (Rs3.078 billion) for...

Rs19.1bn approved for 24 development schemes in KP

PESHAWAR: The Provincial Development Working Party (PDWP) of Khyber Pakhtunkhwa on Monday approved 24 schemes at an estimated cost of Rs19.11 billion. Additional...

Five-year CPF being prepared to support Pakistan’s development agenda: WB

'World Bank's Country Partnership Framework for Pakistan will broadly focus on four strategic areas: education, health, environment and improved governance'