Economic Survey 2017-18: Agriculture sector records growth of 3.81 percent

Rice, sugarcane considered amongst the notable Kharif crops outstripped their production targets in 2017-18 by posting growth of 7.45 percent and 8.65 percent respectively

Economic Survey 2017-18: Telecom sector revenues touched Rs235.5 billion in FY 2017-18

Until the end of February 2018, Pakistan’s total mobile broadband subscribers stood at 53.5 million.

Economic Survey 2017-18: Net debt increased 61.4pc

Adviser to the Prime Minister on Finance Miftah Ismail, Thursday, said that Pakistan’s net debt has increased from 60.2 per cent to 61.4 per cent while liquid forex reserves have declined by $4.5 billion.

Economic Survey 2017-18: Govt blames political uncertainty for missing growth targets

Miftah says highest growth rate of 5.79 per cent achieved in 13 years. Ahsan says all promises made by his party in its manifesto fulfilled.

ECC approves Rs1.733bn Ramzan Relief Package

ISLAMABAD: The Economic Coordination Committee (ECC) has approved a Rs1.733 billion Ramzan Relief Package for 19 daily use items provided by the...

AI-based robots a gamechanger for businesses in Pakistan

ISLAMABAD: With the modernisation of business technology, even small and medium-sized companies can effortlessly integrate robots into their day-to-day operations and service...

Asia a bright spot for Japanese carmakers facing sluggish US sales, trade concerns

TOKYO: Japanese automakers that rely heavily on exports to sell their models in the United States would be hardest hit by trade...

Facebook’s financials improve, despite data scandal

NEW YORK: Facebook shares rose on Wednesday after the social network reported a surprisingly strong 63 per cent rise in profit and...

Oil prices push up on Iran sanction worries

SINGAPORE: Oil prices rose on Thursday, supported by an expectation that the United States will re-impose sanctions against Iran, a decline in...

GB court sets aside PTA order to grant 3G/4G spectrum to mobile companies

ISLAMABAD: Special Communication Organisation (SCO) has been permitted by a local court to start trial operations of 3G and 4G services in...

PAC urges apex court to take action against KASB merger

PAC is the fourth institution following NAB, AGP, SHC to call the BankIslami-KASB bank merger into question

Provinces seek ten year tax break for oil and gas companies

ISLAMABAD: A ten-year tax break has been solicited by all provinces on their Provincial Holding Oil and Gas companies (PHCs) in the...

FBR contemplates abolishing incentive on overseas loans

KARACHI: The tax regulator is contemplating to abolish an incentive given to banks on advances through their foreign branches. According to sources in...

Barclays, PayPal announce partnership, as big banks mull big tech threat

LONDON: British bank Barclays and digital payments firm PayPal have announced a partnership that will see them explore ways to combine their...

Following ZTE, Huawei faces investigation for violation of U.S sanctions

NEW YORK/LONDON: U.S. prosecutors in New York have been investigating whether Chinese tech company Huawei violated U.S. sanctions in relation to Iran,...