Economic reforms led to stability and progress: Dar

The Finance Minister, Senator Mohammad Ishaq Dar, who is in Yokohama Japan to attend the 50th annual meeting of the Asian Development Bank (ADB), Friday...

Nooriabad power station to provide 100 MW electricity to K-Electric

K-Electric will start receiving 100 megawatt of electricity from the Sindh government owned Nooriabad power plant by the end of this month. This move has...

Digital Links pleads guilty to tax evasion: FBR

A surveillance equipment supplier Digital Links has admitted to being involved in tax evasion and has decided to pay Rs96.2m of outstanding taxes according...

SBP governor to be appointed within three months: Dar

In an interview with Bloomberg television in Yokohoma, Japan on Thursday, the Finance Minister Ishaq Dar stated that the current acting governor of the...

Contracted employees working on CPEC projects could face 33pc salary cuts

Contractual employees working on CPEC projects are slated to receive a 33pc cut in their salaries which is contingent on the packages they are...

IPP’s withdraw sovereign guarantee encashment demand on government reassurances

The Independent Power Producers (IPP’s) have withdrawn the sovereign guarantee encashment demand on the undertaking of the government to resolve all outstanding issues linked...

Foreign companies urge to withdraw super-tax in upcoming budget

The government’s planned move to continue charging the super-tax in the next financial year has been met with dismay by foreign organizations operating in...

Crude oil production, refining capacity increasing gradually: Official

Pakistan is moving fast towards achieving self-reliance in crude oil production after the government accelerated exploration of indigenous hydrocarbon resources over the last three...

Board of Investment committed for facilitating foreign investors in SEZs

The Board of Investment (BOI) is committed to facilitate the foreign investors for providing them modern facilities in Special Economic Zones (SEZs). SEZs investors...

K-Electric wins Diversity and Inclusion Award

K-Electric has won the Diversity & Inclusion Award during the Global Diversity & Inclusion Benchmarks Conference (GDIC) 2017, which was recently held. KE was...

Exports of cement shrink by 50.75pc during April 2017

Exports are proving to be Achilles's heel for the cement sector that has seen its growth inhibited by the regular decline in exports despite...

Committee concerned over black marketing, delayed delivery of new cars

National Assembly’s Standing Committee on Industries and Production showed serious reservations over the delayed delivery of new vehicles by the manufacturer/assemblers, indicating towards the...

ADB effectively raising development finance to achieve its targets in Asia and Pacific: review

The Asian Development Bank (ADB) is delivering with efficacy against its goal to enhance development finance to the Asia and Pacific region, realising most...

ICCI asks NBP to offer easy credit scheme for SMEs

Senior Vice President, Islamabad Chamber of Commerce and Industry Khalid Malik has called upon the National Bank of Pakistan to consider offering an easy...

Soybean worth $150.72 mln, palm oil $1.384 bln imported

Soybean oil worth US$ 72.456 million was imported into the country during the last three-quarters of the current financial year, as compared to the...

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Air France mulls returning to Pakistan after 11 years: minister

Petroleum Minister Ghulam Sarwar Khan revealed on Friday that after witnessing a conducive business environment, Air France was planning to resume its service in...

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