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Govt initiates probe into power projects

ISLAMABAD: The government's Inquiry Commission on Loans has initiated inquiries against the power projects and has sought a detailed response from the National...

Pakistani businessmen invited to invest in Afghanistan

Commercial Attaché says by investing in Afghanistan, Pakistani investors can get easy access to the Central Asian markets ISLAMABAD: Commercial Attaché of Afghanistan...

SECP defies govt’s meritocracy claims

'SECP's insurance commissioner lacks sector-specific experience and qualification' ISLAMABAD: Amid government's claims of establishing a system of meritocracy, an irregular officer has been...

High energy costs hampering Pakistan’s cement exports

'Increased govt levies are encouraging unscrupulous elements to import under-invoiced Iranian cement' LAHORE: Pakistan has been losing a major share of its...

IMF warns increasing US tariffs could cut China growth sharply

WASHINGTON: China's economy already is slowing amid the trade conflict with the United States, but if Washington were to ramp up tariffs even...

China to push to attract more high-tech manufacturers

BEIJING: China will push to attract more high-tech manufacturers to set up in the world's No.2 economy, the nation's commerce ministry said...

‘Govt focusing on diversification of export products’

Adviser to Prime Minister on Commerce Abdul Razak Dawood has said that the incumbent government is focusing on diversification of export products...

Trump says US economy ‘handcuffed’ by Fed

WASHINGTON: US President Donald Trump on Friday called on the Federal Reserve to lower interest rates by a full percentage point, saying the...

Govt formally suspends bilateral trade with India

ISLAMABAD: The federal cabinet, in its meeting held under the chair of Prime Minister Imran Khan on Friday, approved complete suspension of...

Brexit turmoil drives UK economy towards recession

LONDON: Britain's economy unexpectedly shrank in the second quarter of the year on Brexit turmoil, official data showed Friday, placing the country on...

FBR warns public against unregistered businessmen charging sales tax

The Federal Board of Revenue has revealed that the general public has reported complaints against the businessmen who are charging sales tax...

No gas connections for unregistered consumers: FBR

Federal Board of Revenue (FBR) Chairman Syed Shabbar Zaidi has sent letters to the managing directors of Sui Northern Gas Pipeline Limited...

Pakistan, Australia agree to enhance trade ties

ISLAMABAD: Commerce Secretary Sardar Ahmad Nawaz Sukhera said on Friday that bilateral trade between Pakistan and Australia couldn't achieve its potential and has...

Govt appoints Aamir Khan as SECP chairman

ISLAMABAD: The federal cabinet on Friday approved the appointment of eminent financial sector professional Aamir Khan as Chairman of the Securities and...

Four banks fined Rs186m over non-compliance of AML laws

ISLAMABAD: The State bank of Pakistan, for the first time in its history, has imposed Rs186 million fine on four banks owing to...