Rice exporters irked over govt’s plan to reduce Basmati production

ISLAMABAD: Following the government's request to farmers for limiting the production of Basmati rice, exporters have express serious concerns and called the...

Pakistan’s GDP growth estimated at 3.94pc for FY21

ISLAMABAD: Unlike the International Monetary Fund (IMF) and World Bank estimates about Pakistan’s GDP growth, the National Accounts Committee (NAC) of the...

Upcoming ECC meeting likely to review oil refining policy

ISLAMABAD: The Petroleum Division has asked the Oil and Gas Regulatory Authority (OGRA), Federal Board of Revenue (FBR), Board of Investment (BoI)...

Tarin calls for eliminating middlemen to raise farmers’ returns by 40pc

ISLAMABAD: Finance and Revenue Minister Shaukat Tarin on Tuesday highlighted the importance of curtailing the role of middlemen effectively, which he said...

Remittances in April break all previous records at $2.8bn

Remittances by overseas Pakistanis continued to surge, rising to an all-time high of $2.8 billion in April, 56 per cent higher than...

Local firm submits proposal for developing Reko diq

ISLAMABAD: Balochistan Mineral Exploration Company (BMEC) – a joint venture of the government of Balochistan and government of Pakistan and the concession...

Extended opening hours for retail premises as new infections fall

ISLAMABAD: Shops will be able to stay open until 8:00 pm five days a week when they reopen on Monday, the government announced...

Pakistan-Uzbek transit trade marks historic launch

ISLAMABAD: The Pakistan and Uzbekistan transit trade and export of goods to Pakistan through Afghanistan was launched here on Tuesday. In this regard,...

Rs50bn Shandur-Gilgit road included in GB development package

ISLAMABAD: Following Prime Minister (PM) Imran Khan’s announcement of a historic development package for Gilgit Baltistan (GB), the federal government has also...

PSX gearing up to launch new trading platform

The Pakistan Stock Exchange (PSX) will reparing to operationalise a newly acquired trading platform by mid June this year. As per local media...

LSM posts 9pc growth in 9MFY21

Big industries posted 9 per cent growth during the first nine months of current fiscal year but the index slid for the...

Amazon adds Pakistan to approved sellers list

US e-commerce giant Amazon has added Pakistan to its approved Seller’ List, Adviser to Prime Minister of Pakistan for Commerce and Investment...

IMF told Pakistan won’t increase tariffs, says Shaukat Tarin

ISLAMABAD: Finance Minister Shaukat Tarin said on Wednesday that Pakistan had informed the International Monitory Fund (IMF) that increasing taxes or tariffs...

Tarin hints at renegotiating IMF programme

ISLAMABAD: Federal Minister for Finance and Revenue, Shaukat Tarin, has hinted at renegotiating the International Monetary Fund (IMF) programme. During the National Assembly...
Exports-Japan

Exports cross $2bn for seventh consecutive month

Pakistan’s exports have crossed the $2-billion mark for seven successive months (Oct-April) of FY21, according to a tweet by Adviser to Prime...