Pakistan’s net international reserves stand at negative $4b, excluding IMF debt obligations

Till September 2018, SBP had obtained $7.22 billion from commercial banks in the aegis of forward and currency swap arrangements

TDRO established to settle trade related disputes: Khuram Dastgir

The government has established Trade Dispute Resolution Organization (TDRO) to deal with disputes of traders and settle them at an institutional level....

Warsak Power Station consultancy contract awarded to Dolsar

Contract of consultancy services worth Rs 868m was awarded on Tuesday by the Water and Power Development Authority (WAPDA) to  a joint...

Exports of processed halal meat touch $214.5 million

ISLAMABAD: Exports of processed halal meat to Muslim countries have surged to Rs214.5 million from Rs20 million, the standing committee on Inter-Provincial...

Car sales increase by 1.69pc to 139,570 units in July-Mar 2016-17

The total car sales of the local manufacturers and assemblers enhanced to 139,570 units, up by 1.69 per cent in the last...

Govt drafting strategy to boost pulses’ production

Minister for National Food Security and Research Sikandar Hayat Khan Bosan while addressing a news conference on Friday has informed that the...

Chinese investments in OBOR energy projects fell 28 percent in 2017: Report

LAHORE: Data outed by Boston University’s Global Development Policy Center revealed Chinese investments in One Belt, One Road (OBOR) energy projects fell...

IMF man to head State Bank of Pakistan

IMF's resident director for Egypt Dr Reza Baqir appointed as governor of central bank for three years Dr Ahmed Mujtaba Memon...

KE signs $50m loan agreement with SC to upgrade power infrastructure

K-Electric has signed $50 million loan agreements with Standard Chartered which is supported by GuarantCo to undertake upgradation of power infrastructure including...

OGRA incapacitated owing to apathy of policy makers

Central Chairman, All Pakistan CNG Association Ghiyas Abdullah Paracha has said, on Wednesday that if OGRA continues to function with an incomplete...

ITU Fintech Centre inks agreement with Karandaaz Pakistan

ISLAMABAD: Information Technology University (ITU) of Punjab and Karandaaz Pakistan entered into an agreement to initiate three research projects through the Fintech Centre...

Gas prices to increase from July 1: OGRA

ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) on Sunday issued a notification intimating increase in gas sale prices which would be effective from...

Honda to raise car prices by up to 100,000 from 16th

Following the footsteps of Pak Suzuki and Indus Motors, the Honda Atlas Cars Limited (HACL) the other day jacked up prices of...

FBR levies regulatory duty of Rs4,669 per ton on imported LPG

KARACHI: To fill its coffers, Federal Board of Revenue levied a regulatory duty of Rs4,669 per ton on liquefied petroleum gas (LPG)...

Govt urged to curtail tobacco lobby’s influence in legislation

ISLAMABAD: The government should take strict measures to curtail the influence of tobacco lobby in legislative affairs and avoid giving tax benefits...