Govt approves ordinance aimed at facilitating the privatization process
In a significant development, the federal caretaker government in Pakistan has decided to issue a presidential ordinance to prevent constitutionally-established high courts...
Swiss investors urged to explore opportunities in Pakistan
President Dr Arif Alvi has urged the Swiss companies to explore investment opportunities in Pakistan, a statement issued on Tuesday read.
Talking to...
CPEC committee to take up ML-1 financing issue with China
ISLAMABAD: The Cabinet Committee on China-Pakistan Economic Corridor (CPEC) has decided to take up the financing issue of Main Line-I project with...
OGRA proposes Rs5-6 per litre increase in petrol price
Petrol prices in the country are likely to increase from December 16, a private TV channel reported on Monday.
According to Geo News,...
PM calls for expediting petroleum sector reforms
ISLAMABAD: Prime Minister Imran Khan on Thursday directed Special Assistant on Petroleum Nadeem Babar to further accelerate the process of reforms in...
Trade with Afghanistan remains slow despite border opening
PESHAWAR: Despite the opening of the Pakistan-Afghanistan border for trade, on Tuesday, only 150 export vehicles entered Afghanistan from Pakistan while only...
US lauded for supporting Pakistan on FATF, Covid-19, G-20 debt relief
Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh has said that Pakistan appreciates the support extended by the...
Chemical manufacturers concerned over surging import bill
LAHORE:Â The office-bearers of Pakistan Chemical Manufacturers Association (PCMA) have expressed serious concern over the augmenting import bill of the country, saying that...
Govt to facilitate construction sector for affordable housing, says PM
Imran inaugurates construction of 20,000 housing units in federal capital
Pakistan to receive $2.1bn loan from China by Monday
'The loan facility will further strengthen foreign exchange reserves and ensure balance of payment stability'
The Ministry of Finance has announced that...
Refineries given green light to import crude oil
KARACHI:Â The government has granted permission to refineries to import crude oil.
According to a notification of the Ministry of Energy (Petroleum Division), the...
CCP launches ‘paperless’ merger application system
In order to facilitate the local and foreign investors intending to invest in Pakistan through mergers, acquisitions, and joint ventures, the Competition...
New Russian consortium to replace TMK in $2bn Karachi-Lahore gas pipeline project
A new consortium of two Russian companies will undertake the construction project of the 1122 km-long gas pipeline from Karachi to Lahore...
PML-N’s white paper terms PTI govt an economic catastrophe
- Finance Ministry, Ministry of Planning projected growth and inflation figures did not match but Prime Minister Imran Khan still approved it,...
India raises tariffs on imports, taxes for super rich
NEW DELHI: Indian Prime Minister Narendra Modi’s government raised import tariffs on nearly 75 items, including gold and automobile parts, in its...