Economic stability, law and order has boosted confidence of foreign investors: PM
ISLAMABAD: Prime Minister Shahid Khaqan Abbasi Monday said that Pakistan has achieved significant economic stability and with the improved law and order...
Pakistan prepares to open banking channel with Iran
ISLAMABAD: While Pakistan remained cautioned and reluctant to increase trade ties with Iran during the past four years because of international trade sanctions...
Devaluation to hit poor, boost profits for influential sectors: PEW
ISLAMABAD: The Pakistan Economy Watch (PEW) on Monday said devaluation will increase the burden on poor, increase foreign debt and liabilities while...
CCP recommends FBR to amend RFP clauses for tobacco track and trace system
KARACHI: The Competition Commission of Pakistan issued a policy note to the Federal Board of Revenue (FBR), with the recommendation to amend...
Banking spread shrinks to historic low
KARACHI: In a surprising development, the average banking spread shrank in February despite a hike in the benchmark interest rate at the...
Committee discusses Pak relations with ASEAN, resolves to boost trade
ISLAMABAD: The Standing Committee on Commerce and Textile met under the chairmanship of MNA Siraj Muhammad Khan in Parliament House on Monday and...
Shanghai Electric withdraws bid to acquire 66.4 percent of K-Electric
LAHORE:  A notification sent to Pakistan Stock Exchange (PSX) on Monday by K-Electric revealed Shanghai Electric Power Company Limited had withdrawn its offer to...
Oil prices fall, as China-US trade war threat looms
SINGAPORE: Oil prices reversed earlier gains on Monday as concerns of a looming trade dispute between the United States and China weighed...
Cabinet expresses concern over continuous delays in finalization of 6,000MW projects
ISLAMABAD: The federal cabinet has expressed its deep concern over the mounting delays in conclusion of around 6,000 megawatt of power plant...
FBR contemplating to remove inconsistency in AIT collection for edible oil sector
ISLAMABAD: The Federal Board of Revenue (FBR) is said to be reviewing a budget proposal for eliminating an inconsistency in the edible...
Govt to stop cotton imports during harvest season
ISLAMABAD: Considering stagnation of cotton production in last four years, the government has decided to stop cotton imports during harvest season to...
Punjab focuses on cotton cultivation, subsidies to get quality yield
LAHORE:Â There is a complete ban on the cultivation of cotton in the province before the start of April due to chances of...
G20 to monitor crypto-currencies, keen to regulate industry
BUENOS AIRES:Â The top 20 economies of the world have agreed to keep an eye on cryptocurrencies and financial policymakers are keen to...
China to protect its trade interests amid rift with U.S.
BEIJING: The United States has openly disregarded trade rules with an inquiry into intellectual property and China will defend its interests, Vice...
Seven Pakistani entities added to US export control list
The United States has added seven Pakistani companies to a list of foreign entities that are subject to stringent export control measures,...