Govt will require to reduce borrowings from central bank, implement VAT under IMF programme: Report
According to official sources, the IMF will demand to attain a primary balance of budget into surplus, which is presently seeing a huge deficit
Govt taking keen interest in K-Electric’s acquisition deal: CEO
'Shanghai Electric Power's acquisition of KE and the reported $9bn investment plan will be beneficial for not just Pakistan's power sector...
Import of transport services decreases 11.54pc in five months
ISLAMABAD:Â The import of transport services by Pakistan from other countries witnessed a decrease of 11.54 per cent during the first five months...
20 more freight trains to be launched this year: minister
Jinnah Express and Sir Syed Express will be launched next month
RAWALPINDI:Â Federal Minister for Railways Sheikh Rasheed Ahmad said on Wednesday that...
France keen to enhance financial assistance in Pakistan’s water sector
ISLAMABAD: Ambassador of France to Pakistan Dr Marc Baréty called on Ministry of Water Resources Secretary Shamail Ahmad Khawaja on Wednesday.
Embassy of France...
Multi-billion dollar oil refinery to be established in Gwadar: minister
ISLAMABAD: Petroleum Minister Ghulam Sarwar Khan on Wednesday announced that an oil refinery worth billions of US dollars would be set up...
PTCL collaborates with Careem to offer discounts on rides to customers
ISLAMABAD: Pakistan Telecommunication Company Limited (PTCL) on Wednesday collaborated with Careem to offer discounts on rides for its customers across Pakistan.
Under the...
Oil gets a boost from Saudi output pledge, declining US inventories
LONDON: Brent oil prices rose on Wednesday, after top exporter Saudi Arabia said it would cut crude exports and deliver an even...
Textile sector gets Rs14bn in seven months under PM’s export package
ISLAMABAD: The textile industry received Rs14 billion during the first seven months of the current fiscal year under the prime minister’s exports enhancement...
PM orders countrywide crackdown against gas theft
ISLAMABAD:Â Prime Minister Imran Khan on Tuesday ordered countrywide crackdown against gas theft, saying that gas worth Rs50 billion was being stolen annually...
World Bank to establish its UAE office at Abu Dhabi Global Market
ABU DHABI:Â The Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, has announced that World Bank will establish its...
Govt officially appoints Arif Usmani as NBP CEO
Mr Usmani had been serving at Mashreq Bank and his previous experience includes stints as global head of wholesale banking at Abu Dhabi Islamic Bank PJSC, managing director and country officer of Citibank NA Pakistan.
PTCL’s revenue grows 8pc to Rs126.2bn in 2018
PTCL registers yearly growth for the first time since 2014
ISLAMABAD: The Board of Directors of Pakistan Telecommunication Company Limited (PTCL), the country’s...
Hyundai to launch first digital car showroom in Pakistan
The showroom will be opened at Emporium Mall in Lahore
South Korean automaker Hyundai is going to introduce its first ‘Digital...
Samsung reaches settlement over ‘exploding’ washing machines
SEOUL: Samsung Electronics has reached a settlement in a class-action lawsuit over 2.8 million "exploding" washing machines recalled in the US, the...