‘Speculative pricing’: FIA freezes over 100 bank accounts of sugar mafia
ISLAMABAD: The Federal Investigation Agency (FIA) has held over 100 bank accounts of 40 alleged important personalities part of the 'sugar mafia',...
WB to provide $1.3bn for Pakistan’s social sector development
World Bank, Pakistan sign seven project agreements to support govt’s initiatives in social protection, disaster & climate risk management, infrastructural uplift, agriculture & food security and human capital development
IMF agrees to release $500m loan tranche for Pakistan
Revival of the $6bn loan programme comes after govt's decisions to jack up electricity prices, impose additional taxes, and grant significant autonomy to central bank
Pakistan loses spot as top trade partner of Afghanistan
PESHAWAR: Pakistan is no longer the leading country in terms of trade with Afghanistan as bilateral trade has declined drastically over the...
Pakistan to receive first purchase of over one million doses of Chinese vaccines by March-end: minister
Asad Umar says govt in talks to purchase another seven million doses of Sinopharm and CanSino vaccines
Karachi Green Line BRT to become operational by August
ISLAMABAD:Â As the Sindh government had deferred the timeline for operationalisation of the much-awaited Green Line Bus Rapid Transport System in Karachi, Planning...
Govt to finally auction 4G services in GB, AJK
'Security-related restrictions have been relaxed and high-speed internet services will be provided to almost all areas of GB and AJK before the end of this year'
Cabinet okays withdrawal of Rs140bn tax exemptions via ordinance to pave way for IMF tranche
ISLAMABAD: The federal cabinet has given a go-ahead to withdrawal of various income tax exemptions through a presidential ordinance instead of bringing...
Policy rate to remain unchanged at 7pc: SBP
The Monetary Policy Committee (MPC) of the State Bank of Pakistan has once again decided to maintain the policy rate at seven...
PM Imran allots over 1,500 housing units to poor workers, widows
ISLAMABAD: Prime Minister (PM) Imran Khan has allotted 1,008 flats and 500 houses for poor workers and widows on low-cost mortgages in...
Special Economic Zones launched in Thatta, Chakwal
ISLAMABAD: The Dynamic Engineering and Automation (DEA), a privately owned engineering servicing company, has launched two Special Economic Zones (SEZs) at Pir...
Large scale manufacturing expands 7.9pc in seven months
The country’s large-scale manufacturing (LSM) expanded by 7.85 per cent during the first seven months of the current fiscal year (7MFY21) as...
Olive cultivation best investment for forex gains, food security: PM
NOWSHERA: Prime Minister (PM) Imran Khan has said that largescale olive cultivation would prove as the best investment for Pakistan in terms...
China to set up electric vehicle manufacturing plant in Pakistan’s first private SEZ
MG JW Automobile will manufacture electric vehicles at Raiwind SEZ with an estimated FDI of Rs663m and local investment of Rs637m
Remittances remain above $2bn for ninth consecutive month
Workers' remittances rise 24pc to $2.26bn in February