Careem to invest $150 m in Pakistan, reveals its 5 yr plan

 Careem has announced that it aims to invest $150 million in the country over a course of five years with clear measurable goals.Interestingly...

Competition Commission imposes Rs 2m fine on Bahria Town

       Competition Commission of Pakistan (CCP) has imposed a fine of Rs. 2 million on Bahria Town (Islamabad) for not allowing Nayatel...

Company’s Bill 2016 approved by the National Assembly

The Companies Bill, 2016 was among three bills that the lower house passed when it met on Monday after a two-day break. Other pieces...

Bloomberg columnist (not Bloomberg) ranks Pakistan as world’s most underrated economy

Cowen Tyler, a columnist at Bloomberg has ranked Pakistan as the most “underrated” economy of the year. He says recent developments in Pakistan’s economy...

Zong to invest $200m in Pakistan

China Mobile Pakistan (Zong) has announced its plan of further investing  $200 million in the country, in order to expand its coverage in urban...

3 LNG Power plant privatisation plans meet constitutional challenges

The government’s plan to privatise three under-construction LNG-fired power plants on a fast-track basis has met constitutional challenges by the Council of Common Interests...

Tax on transactions backfires as Pakistan’s cash in circulation surges by a record 31pc

The government's efforts to broaden the tax net by levying the withholding tax seems to have backfired as money in circulation surged by a...

Fresh Iran sanctions to hit energy import plans: PEW

 The Pakistan Economy Watch (PEW) on Sunday said fresh US sanctions on Iran can hit plan of Pakistan to import gas from Iran.The Trump...

Punjab govt frustrated over impossibility of 8% economic growth rate target

 According to high level officials of Punjab’s economic team there is an absolute disorder and lack of clarity among Punjab’s economic policy makers with...

Chinese company to lay railway tracks in parts of KP

A Chinese company has agreed to lay railway tracks in different parts of Khyber Pakhtunkhwa (KP).Official sources cited by Radio Pakistan said that the...

Rs 2.342b released for Finance Division projects

The government has so far released Rs 2.342 billion for various projects of the Finance Division out of its total allocations of Rs 9.115...

Pakistan’s economic profile luring foreign investments: Ahsan Iqbal

 Pakistan’s remarkable economic turnaround and its historic success against the menace of terrorism in the past three years is luring international businessmen which now...

Cotton yield stands at 10.6m bales

Cotton yield has exceeded its estimated target for the first time in eight years with a production of 10.6 million bales.This was mainly due...

Thar coal has potential to be converted into other fuels

  Japanese and Pakistani engineers have agreed that Thar coal has the potential to produce ammonia, urea, methanol, hydrogen, and oil by conversion of coal...

Advocacy of CIP important for SMEs: secretary

Advocacy of the Certification Incentive Programme (CIP), launched by the ministry of science and technology, is vital, Federal Secretary for Science and Technology Fazal...

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MoF to seek cabinet’s approval over appointment of NBP chief

ISLAMABAD: The Ministry of Finance (MoF) is considering approaching the federal cabinet over the appointment of Arif Usmani as National Bank of Pakistan (NBP)...