Finance ministry calls first meeting over NFC awards on 31st
ISLAMABAD: The Ministry of Finance is going to hold its first Fiscal Coordination Committee (FCC) meeting this week to discuss the annual...
PM Imran’s visit to China to stabilise economy: PEW
ISLAMABAD: The Pakistan Economy Watch (PEW) on Sunday said the upcoming visit of Prime Minister Imran Khan to China can result in...
OGDCL shorlists names for next chief
ISLAMABAD: The Board of Directors (BoD) of the Oil and Gas Development Company Limited (OGDCL) has shortlisted three names for the position...
Over 266 railways’ officials sent abroad for training over last 5 years
ISLAMABAD: Pakistan Railways has sent as many as 266 officials to purchase machinery and other material from abroad to upgrade and meet...
Pakistan’s agri sector to thrive under CPEC
ISLAMABAD: The recent inclusion of the agriculture sector in the long-term plan of China Pakistan Economic Corridor (CPEC) provides Pakistan with an...
‘Govt introducing advance tech to curb line losses’
ISLAMABAD: Power Minister Omar Ayub Khan has said that Pakistan Tehreek-e-Insaf (PTI) government, under the dynamic and visionary leadership of Imran Khan,...
Pakistan requests UAE to give deferred payment facility for oil imports: Shah Mehmood Qureshi
The foreign minister said the UAE delegation had expressed an interest in establishing an LNG terminal in Pakistan
Lack of LNG import causes Rs12bn loss to Pakistan in six months
Sources say influential furnace oil lobby has been holding sway over the entire power division
Sanofi-Aventis Pakistan’s sole shareholder to transfer its shareholding to subsidiary Zentiva NV
LAHORE: Sanofi-Aventis Pakistan (Ltd) on Friday announced that the sole shareholder of SECIPE, i.e. Sanofi S.A. has made a decision to disincorporate...
Bank Alfalah profits rise 21% YoY, touch Rs8.8b for nine months of 2018
Net financial income (NFI) grew by 9% YoY during nine months of the current year because of a healthy rise in foreign income
Asia stocks, S&P futures slide as investors flee risk amid growth fears
MSCI’s broadest index of Asia-Pacific shares outside Japan dropped 1 percent, erasing tiny gains made in the opening hour and hitting its lowest level since February 2017
Oil prices drop as focus shifts to oversupply
Brent crude futures were down 51 cents, or 0.7 percent, at $76.38 a barrel by 0331 GMT. The global benchmark is on course for a weekly loss of over 4 percent
NAB widens investigation into lower tax collection from tobacco sector
The introduction of the three-tier tax system for the tobacco industry resulted in a massive fall in tax revenue collection of Rs33 billion, which is a major contributor to the public exchequer
Agri-business community criticizes Punjab’s new agriculture policy draft
They agri-business community believes the new policy formulated under the Pakistan Tehreek-e-Insaf (PTI) government in Punjab doesn’t provide equal footing for domestic consumers
Commerce division prepares proposals to enhance FDI in export sector
From the FDI inflows of $10 billion in last five years, 81% have gone into non-manufacturing sectors like IT & telecom, transport and trade, financial business, oil & gas, construction and power sectors