Govt supports documented, taxpaying, tobacco industry: Haroon
ISLAMABAD: Haroon Akhtar Khan, Special Assistant to Prime Minister on Revenue has said that the entire cigarette industry can fully utilise the...
Rio Tinto mulling to attract bids over $2.5bn for last two coal mines
MELBOURNE/LONDON: At least three bidders are expected to submit final offers for global miner Rio Tinto’s Hail Creek and Kestrel coal mines...
Powerful smog
Earlier this month the PM2.5 levels in Lahore went beyond 1,000 micrograms per cubic meter, which is 30 times more than the...
Budget to expand economy, encourage businesses, protect vulnerable people: Miftah
ISLAMABAD: Minister for Finance and Economic Affairs Miftah Ismail Sunday said the budget for the fiscal year 2018-19 will expand the economy by more...
Pakistan open to businesses and investment in diverse areas: PM Abbasi
DAVOS: Prime Minister Shahid Khaqan Abbasi Thursday said Pakistan with a huge market of 200 million people, an annual economic growth of...
Swiss bank whistleblower arrested in Spain
MADRID: Spanish police have arrested a former employee of HSBC’s Swiss private bank who was convicted of industrial espionage after leaking clients’...
Assets of Islamic banks up 9.1pc
KARACHI: During the last quarter of 2017, Islamic banking industry’s assets grew 9.1 per cent (Rs189 billion) to Rs2.272 trillion, compared to Rs2.083...
Pakistan’s petroleum sector attracted $10b investment in last four years
Islamabad: The petroleum sector attracted over $10 billion in foreign investment, despite a tame international oil market during the last four years,...
Deputy governor SBP quashes worries over rising trade/current account deficit
LAHORE: State Bank of Pakistan Deputy Governor Jameel Ahmad said widening trade and current account deficit aren't something to be worried about as...
Power consumers likely to get relief of Rs2.19 per unit for Feb
ISLAMABAD:Â Power consumers in the country are likely to get a relief of Rs2.19 per unit in lieu of a fuel price adjustment...
Oil edges back from big slump as Iran sanctions return to focus
Front-month Brent crude oil futures were at $76.72 a barrel at 0320 GMT, 28 cents, or 0.4 percent, above their last close
FPCCI seeks representation in the Economic Reform Committee
KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Tuesday sought the inclusion of at least two of its representatives in the...
France provides 100mn Euros for energy sector reform in Pakistan
ISLAMABAD
Pakistan and France on Wednesday signed Euro 100 million credit facility agreement for the Sustainable Energy Sector Reform Program.
Secretary, Economic Affairs Division...
Cutlery exports decrease 3pc in seven months FY19
ISLAMABAD:Â The cutlery exports from the country decreased by 3.08pc during the first seven months of the current fiscal year as against the...
Govt committed to producing cheap power to meet growing needs: minister
LAHORE:Â Energy Minister Omar Ayub Khan has said that the government is focusing on alternate resources to produce cheaper power so as to...