ECC approves electric vehicle, mobile device manufacturing policies

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved the 'Mobile Device Manufacturing Policy' as well as the 'Electric Vehicles Policy'...

Big industry expands 6.6pc in October

ISLAMABAD: The large-scale manufacturing (LSM) sector grew 6.6 per cent YoY during October 2020, according to data released by the Pakistan Bureau...

China bails out Pakistan to repay $1bn Saudi debt

Pakistan will repay $2 billion loan to the Kingdom of Saudi Arabia (KSA) as per the repayment schedule. According to the people familiar...

Remittances remain above $2bn for sixth consecutive month

Pakistan maintained a strong momentum in workers' remittances, crossing the $2-billion mark for the sixth consecutive month in November, State Bank of...

PM Imran inaugurates Pakistan’s third private airline in Sialkot

'AirSial will put pressure on other airlines, including PIA, to improve their services'

Pakistan finally challenges India’s claim on basmati in EU

ISLAMABAD: With only two days to go in the deadline, Pakistan has finally challenged India’s application for an exclusive Geographical Indication (GI) tag...

Punjab govt approves establishment of five cement plants

LAHORE: The Punjab cabinet has given approval for the establishment of five cement plants in the province. Addressing a press conference in Lahore...

IHC bars finance adviser from heading CCoP

ISLAMABAD: The Islamabad High Court (IHC) on Monday barred Adviser to Prime Minister on Finance Dr Abdul Hafeez Shaikh from heading the...

PM presents 10-point plan to avoid economic collapse in developing states

ISLAMABAD: Prime Minister Imran Khan has proposed a ten-point agenda to the world community to avert economic collapse in the developing countries due...

ECC approves gas supply to PSM, ends regulatory duty on cotton import

LAHORE: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved the release of Rs410-million grant to the Sui Southern Gas...

Cabinet approves $150m, sets criteria to procure Covid vaccine

ISLAMABAD: The federal cabinet has approved $150 million grant for the procurement of Covid-19 vaccine, besides setting the criteria for the same. This...

Exports in November rise 7.2pc to $2.15bn

ISLAMABAD: The country's exports crossed $2-billion mark for the second consecutive month in November, registering a 7.2pc growth over the same month...

700MW Azad Pattan hydropower project nears financial close

ISLAMABAD: Pakistan and China have taken another step towards achieving the financial close of the 700MW Azad Pattan Hydropower Project, which is...

FBR exceeds July-Nov collection target by Rs17bn

ISLAMABAD: The Federal Board of Revenue has achieved its tax collection target for the first five months (July-Nov) of the current fiscal...

PM seeks practical measures to streamline Pak-Afghan trade

Premier approves establishment of Export Development Board; calls for environmental protection in construction projects