PSO owed Rs28 billion in dues for LNG supply to SNGPL

LAHORE: Pakistan State Oil (PSO) is owed Rs28 billion in payments for LNG supply by Sui Northern Gas Pipelines (SNGPL), igniting worries...

Miftah chairs monetary and fiscal policy coordination meeting

ISLAMABAD: The Adviser to Prime Minister on Finance, Revenue and Economic Affairs, Dr Miftah Ismail Chaired the meeting of Monetary and Fiscal Policies...

Pakistan extends duty free access for 67 per cent Chinese exports

ISLAMABAD: China has extended duty free access on 90 per cent Pakistani exports under Pak-China Free Trade Agreement (FTA)-2, while Pakistan has...

Pak Russia trade volume can go up: Dastgir

MOSCOW: Defence Minister Khurram Dastgir Khan has said that the there is a great potential between Pakistan and Russia for the enhancement...

Punjab may introduce new mechanisms to finance local govts

LAHORE: Punjab government may introduce new mechanisms to finance city district government’s projects in its last budget by introducing performance-based financing, asking them...

Listed companies’ shareholders to submit bank account details in 45 days

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has given 45 days to shareholders of listed companies to provide relevant details of...

Inflation contained, strong growth in revenues due to increased spending: SBP

KARACHI: Pakistan’s economy is set to surpass last year’s growth rate, with a continued robust performance by agriculture and services in addition to...

Advisor to PM on aviation inaugurates new livery of PIA

KARACHI: Advisor to the Prime Minister on Aviation Sardar Mahtab Ahmad Khan has inaugurated a new livery of Pakistan International Airlines (PIA)...

PAMA proposed tax measures to reduce cost of locally produced vehicles

LAHORE: Pakistan Automotive Manufacturers Association (PAMA) in its budget proposals has proposed some tax measures to reduce the cost of locally produced...

Shareholders of listed companies to submit bank account details in 45 days

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has given 45 days to shareholders of listed companies to provide relevant details...

Workshop on creating enabling business environment held in Karachi

Islamabad: A workshop aimed at providing information regarding government's efforts to create a business enabling environment in Pakistan with contributors to the World...

PSO resumes furnace oil imports to curtail power outages in summer

SINGAPORE: Pakistan State Oil (PSO) this week issued its first fuel oil import tender for the year after suspending purchases at the...

Brazil sugarcane industry vilifies Pakistan, India for protectionist measures

BRASILIA: Brazil’s sugarcane industry on Thursday took aim at policies undertaken by Pakistan and India to protect local producers and boost sugar...

Samsung Electronics projects record first quarter profit

SEOUL: Samsung Electronics Co Ltd tipped a surprise record first-quarter profit on Friday but market reaction was muted due to growing concerns...

Oil prices fall, after Trump threatens more tariffs on Chinese goods

SEOUL: Oil prices fell on Friday after U.S. President Donald Trump’s threat of new tariffs on China reignited fears of a trade war...