PM orders comprehensive strategy to reduce petrol, diesel prices
ISLAMABAD: Prime Minister Imran Khan has directed for comprehensive planning and strategy with mutual coordination of all the departments concerned to bring reduction in...
Jewellery exports drop 22pc in 10 months
ISLAMABAD:Â Jewellery exports from Pakistan decreased by 22.47 per cent during the first ten months of the current fiscal year as compared to the corresponding...
Growers, textile millers differ over intervention price of seed cotton
LAHORE:Â The federal cabinet while opposing the decision of the Economic Coordination Committee (ECC) has asked to review its decision of rejecting intervention price of...
Trade deficit forecast to reach $26.9b in next FY 2017-18
For the upcoming financial year (FY) 2017-18, the economic growth rate has been forecast to reach 6pc on the basis of growth in commodity...
Hayat Kimya set to invest $150 million in Pakistan’s consumer goods sector
LAHORE: Hayat Kimya, a subsidiary of Turkish entity Hayat Group will be investing $150 million in Pakistan’s consumer goods sector.
Hayat Kimya is in the...
Oil prices steady but questions raised over recent bull run
SINGAPORE: Â Oil prices held steady on Thursday after falling late in the previous session, supported by ongoing supply cuts led by OPEC and Russia.
However,...
IUCN, EU to invest €14m in Balochistan for water conservation
ISLAMABAD: The International Union for Conservation of Nature (IUCN) and European Union would invest €14 million euros in Balochistan for water conservation.
European Union Ambassador...
Car manufacturers suggest tax on resale of new cars to discourage illegal premium
ISLAMABAD: Despite various attempts by the government, car manufacturing companies have failed to end the menace of ‘on money’, an illegal selling fee practised by...
Govt working to enhance GDP, exports: Miftah
ISLAMABAD: Advisor to the Prime Minister on Finance Miftah Ismail has said that the government is working to enhance gross domestic product (GDP) growth...
Chinese LED street lamps to light up economic zone in Islamabad
BEIJING:Recently, LED street lamps produced by Sichuan Sunfor Light Co, Ltd, a leading Chinese enterprise in the lighting industry, were officially delivered to the...
Power ministry refuses to endorse world’s highest solar tariff
Islamabad: The Ministry of Water and Power has refused to endorse the world’s highest solar tariff announced by the National Electric Power Regulatory Authority...
Petrol prices may be revised downward
The petroleum product prices may be revised downward by Rs 1 to Rs 2 per litre as the crude oil prices have witnessed a...
FPCCI seeks representation in the Economic Reform Committee
KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Tuesday sought the inclusion of at least two of its representatives in the Economic Reform...
Builders lobby calls for 15-year tax policy, rollback of punitive property taxes in budget proposals
ABAD pushes for predictable tax regime to revive construction and real estate
Pakistan’s wind, solar energy production to be doubled by 2022
ISLAMABAD:Â The priority projects in the energy sector under China Pakistan Economic Corridor (CPEC) would help Pakistan optimize the energy structure and reduce its dependence...
