Govt committed to reviving sick textile units: Dawood

ISLAMABAD: Adviser to Prime Minister on Commerce Abdul Razak Dawood said on Thursday that the government was taking all possible measures to attract...

Apple places $7bn in return to bond market

Apple Inc said on Thursday it had sold $7 billion of bonds at yields ranging up to 103 basis points over the...

Pakistan, Saudi Arabia review progress on energy MoUs

ISLAMABAD: Pakistan and Saudi Arabia have reviewed the progress made on existing memorandums of understanding (MoUs) in the energy sector and discussed...

Economy out of the woods, PM’s aide tells foreign investors

ISLAMABAD: Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh has said that the government has overcome the immediate challenges...

China, US to hold trade talks in Oct

BEIJING/WASHINGTON: China and the United States on Thursday agreed to hold high-level talks in early October in Washington, boosting markets as investors hoped...

Macroeconomic imbalances hampered financial sector growth in 2018: SBP

KARACHI: The State Bank of Pakistan (SBP) on Thursday issued its flagship annual publication, Financial Stability Review (FSR), for the calendar year 2018. The...

Govt assures cotton growers of fair prices

ISLAMABAD: Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh said on Thursday that there was an unprecedented focus on...

Govt launches Rs2.35bn Swat fish farming project

ISLAMABAD: National Food Security & Research Minister Sahibzada Muhammad Mehboob Sultan on Thursday inaugurated the Rs2.35 billion 'Trout Fish Farming Programme' under...

KSE-100 falls flat amid volatility

KARACHI: Bulls of the Pakistan Stock Exchange (PSX) failed to sustain their control on Thursday, as the indices took a U-turn in the...

Audit report invalidates PIA’s claims of increase in revenue

KARACHI: Despite under obligation to publicly declare its quarterly and annual financial reports, Pakistan International Airlines (PIA) had not declared its financial details...

Pakistan Raises Revenue Project draws planning ministry’s ire

ISLAMABAD: The Ministry of Planning and Development and Reforms has raised various objections over the PC-I of a World Bank-funded project, which...

HACPL launches 10th generation Honda Accord in Pakistan

Honda Atlas Cars Pakistan Limited (HACPL) has launched the All-new Honda Accord, one of the high-end models that have received an excellent...

Power supply to reach 26,000MW by next year, PM told

ISLAMABAD: Prime Minister Imran Khan was informed on Wednesday that for the first time in the country’s history, the target of 23,000 megawatts...

Govt to surpass 2.4pc growth target, says finance adviser

Hafeez Shaikh says govt expects to generate Rs800bn in non-tax revenues Says overall CAD reduced by 73pc due to considerable increase...

‘Govt to formulate comprehensive e-vehicle policy’

Adviser to Prime Minister on Commerce, Industries & Production Abdul Razzaq Dawood has said that the Ministry of Industries & Production will...