Pakistan exports first consignment of locally manufactured smartphones
ISLAMABAD: The first consignment of 4G smart phones tagged “Manufactured in Pakistan” has been exported to the Uniteds from Arab Emirates (UAE);...
Forex reserves to witness record rise, says Reza Baqir
ISLAMABAD: State Bank of Pakistan (SBP) Governor Dr Reza Baqir on Friday said Pakistan’s foreign exchange reserves would make a new record...
IMF to transfer $2.8bn to Pakistan on 23rd: Tarin
ISLAMABAD: Pakistan will receive $2.77 billion ‘unconditional’ funds from the International Monetary Fund (IMF) on Aug 23, Finance Minister Shaukat Tarin on...
Govt issues policy directives for auction of spectrum in GB, AJK
ISLAMABAD: Following the government’s decision to provide fast internet services in mountainous regions of the country, the Ministry of Information Technology has...
Balochistan introduces online tax system
ISLAMABAD: The government of Balochistan has installed online tax collection system in a bid to enhance revenue receipts and promote tax culture...
PM inaugurates ship lift, transfer system at Karachi shipyard
KARACHI: Prime Minister Imran Khan on Tuesday inaugurated the ship lift and transfer system at Karachi shipyard, which will help improve the...
Tarin stresses expediting sugar exports
ISLAMABAD: Finance Minister Shaukat Tarin has constituted a sub-committee to expedite the import of 600,000 tonnes of sugar and directed the ministry...
Upcoming ECC meeting likely to review new oil refinery policy draft
ISLAMABAD: The Petroleum Division has prepared a final draft of Pakistan Oil Refinery Policy, 2021 which is expected be tabled in next...
SAPM Gauhar proposes converting IPPs running on imported coal to local
ISLAMABAD: Special Assistant to Prime Minister (SAPM) on Power and Petroleum, Tabish Gauhar has proposed to convert the commissioned and under-construction 5,500...
Rupee hits nine-month low at 163.35
The rise of the United States (US) dollar in the interbank against the Pakistani rupee continued on Monday as it crossed the...
Pakistan’s exports to Italy record 49pc growth
ISLAMABAD: Pakistan’s exports to Italy recorded a 49 per cent growth on a year-on-year basis to $786 million in the outgoing fiscal...
Pakistan ranks ‘cheapest country to live in’
ISLAMABAD: Pakistan has been ranked as 'the cheapest country in the world to live in' with a cost of living index showing...
FBR exceeds July target by Rs68bn
ISLAMABAD: The Federal Board of Revenue (FBR) has exceeded July’s tax collection target by a wide margin of Rs68 billion.
The FBR collected...
Local assembling of EVs to start this year: Hammad Azhar
ISLAMABAD: Minister for Energy Hammad Azhar on Thursday expressed hope that local assembling of electric vehicles (EVs) would start in the country...
IMF acknowledges growth in Pakistan’s economic activity
The International Monetary Fund (IMF) has acknowledged Pakistan’s stronger economic activity and kept the global growth forecast largely unchanged at six per...