Renault-Nissan group sold most cars last year, but VW’s No.1 including trucks
Renault SA, Nissan Motor Co Ltd and Mitsubishi Motors Corp together sold 10.76 million passenger cars and light commercial vehicles in 2018, according to calculations after new data released on Wednesday
Pakistan & Azerbaijan to constitute a joint working group on energy: Ghulam Sarwar Khan
In October, Pakistan was extended an offer to obtain an open credit line of $100 million for the procurement of petroleum products by Azerbaijan without any sovereign guarantees
Oil prices rise on Venezuelan supply concerns following U.S. sanctions
The gains followed a 2-percent price jump in the previous session when markets first digested the U.S. sanctions on Venezuela’s oil exports
FBR launches mechanism for paying duties and taxes online for unregistered mobile phones
However, sellers of mobile phones would be required to pay duties and taxes too and fines for for their registration according to the adjudication mechanism
Govt voices opposition against plan to increase interest rate
As per the Monetary and Fiscal Policies Coordination Board, there was still room for fiscal consolidation after budget deficit soared to 2.8% of gross domestic product (GDP) in the first half of FY18-19, far over the limit required to achieve the target of 5.1% of GDP
Advancement of ICT led development, a priority for the government
Mr Maqbool shared with the advent of mobile internet, Pakistan is on the same route of development as that of neighbouring countries
Govt mulls cancelling ‘own money’ on purchase of new vehicles
PM's advisor says govt is chalking out a plan to cancel the registration of dealers who are involved in this illegal...
Energy-short Pakistan moves to power up solar manufacturing
Pakistan’s government has proposed to eliminate taxes associated with manufacturing of solar and wind energy equipment in the country, in an effort...
Computer services have fueled ICT exports in recent years: SBP
The central bank said the country’s informal exports were higher than its formal exports and projections by industry experts put the total size of its ICT exports at $2.5 billion
New aviation policy in the offing, says minister
ISLAMABAD:Â Privatisation and Aviation Minister Muhammad Mian Soomro said on Tuesday that a new aviation policy was being designed keeping in view the...
SBP launches M-Wallet scheme to promote home remittances
'Remittance can now be received directly in M-wallets and there is no requirement to visit a bank branch, fill forms or stand...
UBL’s New York branch surrenders license, concludes voluntary liquidation
In November, UBL had announced it would voluntarily liquidate and surrender its banking license in New York as per the applicable rules and regulations
‘Punjab govt to host int’l livestock show next month’
Punjab Chief Minister Sardar Usman Buzdar has said an International livestock show will be hosted by his provincial government in the month...
‘Govt committed to facilitating furniture exports’
Finance minister praises Pakistan Furniture Council for utilising all available resources to attract foreign investment
LAHORE: Finance Minister Asad Umar said on Monday...
Senate body seeks in-camera briefing on Reko Diq, Saindak projects
ISLAMABAD:Â The Senate Standing Committee on Petroleum, after holding a thorough discussion on the mining of copper and gold deposits in Balochistan on...