Shanghai Electric directed to submit pledge on electricity supply
ISLAMABAD: Shanghai Electric which acquired a majority 66.4 percent stake in K-Electric has been directed by the government to provide a pledge...
Govt urged to reduce inconsistencies between taxes on input, output in fertilizer industry
ISLAMABAD: The government has been urged to decrease taxes on utilization of gas as feedstock to end inconsistency between taxes on input...
Oil prices dip 2 percent as US-China trade blows over tariffs
NEW YORK: Oil prices fell about 2 percent on Friday after U.S. President Donald Trump threatened new tariffs on China, reigniting fears...
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...