PIA privatisation reaches Phase-II
ISLAMABAD: Massive liabilities worth Rs324 billion has become a major headache for stakeholders inolved in the privatisation of Pakistan International Airlines (PIA). In...
Telecom sector seeks reduction in withholding tax and sales tax rates for upcoming budget
The telecom sector is lobbying with the government to reduce the withholding tax and sales tax rates in the budget slated to...
Shariah Compliant sector expected to touch $17.6b by 2018
Islamic banking services will maintain its growth push in Pakistan, as assets of Shariah compliant sector will touch $17.6b by 2018, as...
NAB starts investigation to indict those responsible for shutdown of PSM
ISLAMABAD: National Accountability Bureau (NAB) has initiated an investigation to identify those responsible for the shutdown of Pakistan Steel Mills (PSM) and...
MOIT directs PTA to conduct 4G auction within current FY
ISLAMABAD:Â The Ministry of Information Technology (MoIT) has issued policy directive to Pakistan Telecommunication Authority (PTA) for conducting an auction of single block...
High-level Chinese delegation visits defence production ministry
ISLAMABAD: A high-level Chinese delegation visited the Ministry of Defence Production and held a bilateral meeting, co-chaired by Ministry of Defence Production...
FBR issues list of 88 countries for exchanging financial data
Karachi: A list of 88 countries has been notified and issued by the Federal Board of Revenue on Friday for auto swapping...
Water scarcity could hit major crops cultivation during Kharif season
ISLAMABAD: The looming water crisis according to the government could impact cultivation of the major food crops during the ongoing season but...
Resolution seeking Tariq Bajwa’s removal as SBP governor submitted in Senate
ISLAMABAD: A resolution seeking removal of  State Bank of Pakistan (SBP) Governor Tariq Bajwa was submitted in the Senate on Monday.
The resolution...
Increase in exports dependent on revival of TDAP: FPCCI panel chief
ISLAMABAD: Federation of Pakistan Chambers of Commerce & Industry (FPCCI) Horticulture Exports Committee Regional Chairman Ahmad Jawad has said continuously decline in...
Aramco doubles scientists in technology patent spree: report
US technology patents on the rise
Aramco scientist intake also surges
LONDON: Saudi Aramco is boosting its patented technologies after doubling its...
LNG prices rise in Asia as heatwave grips Japan
Spot prices for September LNG-AS delivery in Asia were assessed at $9.75 per million British thermal units (Btu), up 25 cents from the previous week
SSGC jacks up LPG prices by Rs10 per kg
The Sui Southern Gas Company (SSGC) has increased the LPG prices by Rs10 per kilogram after which domestic cylinder and commercial cylinder...
Financing agreements worth $400mn signed with World Bank
ISLAMABAD: Economic Affairs Division here on Tuesday signed two financing agreements worth $400 million with the World Bank Group. These include Punjab Cities Programme ($200...
Research development fund to be setup for enhancing cotton production
ISLAMABAD: To enhance cotton production for next season, the government is contemplating to announce a Rs10 billion research development fund in this...