China’s manufacturing sector posts stronger than expected growth in March

BEIJING: Growth in China’s manufacturing sector picked up more than expected in March as authorities lifted winter pollution restrictions and steel mills...

US crude production rose by 6,000 barrels per day in January: EIA

WASHINGTON: U.S. crude production rose by 6,000 barrels per day (bpd) in January to 9.964 million barrels per day, the Energy Information...

Govt looks towards long-term agreements for LNG supplies

ISLAMABAD: To reduce its dependence on spot purchases of Liquefied Natural Gas (LNG), the government is mulling to sign long-term sale and...

Food ministry handed over control of cotton body

ISLAMABAD: The Cabinet Division has given approval for transferring control of Pakistan Central Cotton Committee (PCCC) to the Ministry of National Food...

Upcoming Punjab budget to be agriculture friendly

LAHORE: Punjab’s finance minister Dr. Ayesha Ghaus Pasha on Friday told journalists that its forthcoming budget for financial year 2018-19, would raise...

Govt gives security clearance to K-Electric deal

ISLAMABAD: A major hurdle in the way of K-Electric’s sale to Shanghai Electric Power has been removed as the government on Friday...

Government striving to enhance exports : Secretary Commerce

LAHORE: Federal Secretary of Commerce Younus Dagha has said that high cost of doing business, issues of market access and exchange rate...

Housing finance in Pakistan to become accessible, affordable: World Bank

ISLAMABAD:The World Bank on Friday approved $145 million to expand home ownership including women and the poor through access to affordable housing...

SBP’s monetary policy committee maintains interest rate at 6pc

KARACHI: The Monetary Policy Committee of the State Bank of Pakistan (SBP) has decided to maintain the benchmark interest rate at 6...

SDPI budget proposals 2018-19: Govt urged to pursue simplification of tariff regime

ISLAMABAD: As the government has decided to announce the budget on April 27, it has been urged to simplify tariff regimes and reduce...

Market Daily: Key policy rates remain unchanged, indices settle positive

LAHORE: On its last trading day of the week, the KSE 100 index witnessed a range bound session amid significant drop in...

Neelum Jhelum Hydropower project’s 1st unit to start generation on April 13

ISLAMABAD: The first unit of 969 MW Neelum Jhelum Hydropower project, located in Azad Jammu and Kashmir (AJK), will start supplying 470...

Telecom service providers are development partners of govt: minister

ISLAMABAD: Punjab Finance Minister Dr Ayesha Ghaus Pasha has said that the telecommunication service providers are development partners of the provincial government...

ACCA hosts thought leaders at ‘Pak Leadership Conversation’

ISLAMABAD: The Association of Chartered Certified Accountants (ACCA) is one of the world’s most forward-thinking global bodies of professional accountants, supporting its...

QASPL to be privatised despite NAB’s inquiry into alleged corruption

ISLAMABAD: The government of Punjab is still proceeding aggressively to privatise Quaid-e-Azam Solar Power Ltd. (QASPL) despite the institution being under investigation by...