Govt opposes abolishment of secrecy for foreign currency account holders

ISLAMABAD: The suggestions put forth by the apex courting limiting movement of foreign currency within the country and abolishment of secrecy for...

Bank deposits rose 11.63 percent by end-February: SBP

KARACHI: Figures outed by State Bank of Pakistan (SBP) on Wednesday revealed bank deposits rose 11.63 percent to Rs11.880 trillion by end...

Vitol partnering with Total on setting up LNG import facility in Karachi

LONDON/ISLAMABAD/DHAKA: Vitol is targeting Southeast Asia’s booming liquefied natural gas (LNG) markets to boost sales and catch up with rival commodity traders...

BoI launches ‘Doing Business Plan’ to improve country’s global ranking

ISLAMABAD: Board of Investment Secretary Samaira Nazir Siddiqui on Wednesday said that Board of Investment (BOI) in consultation with all stakeholders has launched...

China’s leading company’s power transformers have 70 pc market share in Pakistan

BEIJING: Chint Group, China's leading industrial electrical equipment and new energy enterprise in the private sector has said its power transformers have...

Brazilian ambassador visits FPCCI, urges enhanced bilateral trade

ISLAMABAD: Ambassador Federation Republic Of Brazil His Excellency Claudio Raja Gabaglia Lins, during his visit to the Federation of Pakistan Chamber of...

Spain keen to boost trade with Pakistan: Carlos Morales

SIALKOT: Ambassador of Spain in Pakistan Carlos Morales said Spain was keen to develop strong business-to-business (B2B) contacts with Pakistan besides focusing...

Italian ambassador discusses issues of mutual interests with Miftah Ismail

ISLAMABAD: Ambassador of Italy to Pakistan, Stefano Pontecorvo called on Adviser to Prime Minister on Finance Miftah Ismail here on Wednesday and...

Upgradation of power transmission lines need of hour: Power Minister

ISLAMABAD: The government realises the importance of transmission lines in completing the upcoming power generation projects. The current transmission network needs to be...

Engro to invest Rs7.6bn in a new PVC plant

LAHORE: In a notification sent to the Pakistan Stock Exchange (PSX), Engro Polymer and Chemical Limited (EPCL) notified the bourse regarding financing...

FPCCI urges FBR to reduce tax rates to utilise competitive edge of indigenous products

ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has proposed to the Federal Board of Revenue (FBR) to reduce...

Rana Afzal Khan assures businessmen inclusion of their suggestions in budget

ISLAMABAD: Minister of State for Finance Rana Muhammad Afzal Khan has said that the proposals submitted by the business community would be...

Zong 4G hits more than 6 million 4G subscribers

ISLAMABAD: With more than 6 million active subscribers, Zong 4G has successfully reached a new milestone. Through unrelenting focus on customer needs, Zong 4G...

JazzCash and FWO move towards digitised toll fee payments

ISLAMABAD: Further expanding itself in the domain of digital payments, JazzCash has entered into an agreement with Frontier Works Organization (FWO), whereby it...

Upgradation of $8.2bn ML1 railway project to start within three months

ISLAMABAD: Though the government had shown commitment to start work on one of the most important components of China Pakistan Economic Corridor...