Govt rolls out restructuring plan for Pakistan Steel Mills

ISLAMABAD: Federal Minister for Industries and Production Hammad Azhar on Saturday rolled out a restructuring plan for Pakistan Steel Mills (PSM), according...

Pakistan Steel Mills sacks over 4,500 employees

Pakistan Steel Mills (PSM) has sacked 4,544 employees, including divisional and assistant managers, as part of its "cost reduction exercise", PSM spokesperson...

PM asks industrialists to help promote corporate farming

ISLAMABAD: Stressing the expansion of corporate farming, Prime Minister Imran Khan on Friday sought proposals from industrialists to modernise agriculture sector and...

ADB approves $300m loan for Pakistan’s macroeconomic stability

ISLAMABAD: The Asian Development Bank (ADB) on Friday approved a $300 million policy-based loan to help promote macroeconomic stability in Pakistan by...

Punjab to assist Balochistan in setting up commercial courts

LAHORE: The Punjab Board of Investment and Trade (PBIT) has decided to assist the Balochistan Board of Investment and Trade (BBoIT) in...

All impediments in way of FDI to be removed, says PM in WEF dialogue

Imran Khan says he is concerned about second Covid wave as 'people are not taking the virus seriously'

Traders to resume onion export as prices drop 50pc

ISLAMABAD: Exporters on Tuesday decided to resume the export of onions keeping in view the reduction in prices and market stability after the...

Consumer confidence continues to improve in Pakistan

LAHORE: Gallup Pakistan and Dun & Bradstreet Pakistan have issued their third report on ‘Pakistan’s Consumer Confidence Index (CCI)’ for the third...

‘Successful Covid response’: WEF to celebrate Pakistan Strategy Day tomorrow

Prime Minister Imran Khan will be the chief guest at a World Economic Forum (WEF) event to commemorate Pakistan's "successful policies" against...

SBP keeps policy rate unchanged at 7pc

KARACHI: The State Bank of Pakistan kept the main policy rate unchanged at 7 per cent, a statement by the central bank said...

ECC approves $150m grant for purchase of Covid-19 vaccine

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved a grant of $150 million for the purchase of Covid-19 vaccine. Adviser...

Pakistan’s current account remains in surplus for fourth consecutive month

Pakistan's current account balance remained in surplus for the fourth consecutive month in October, rising to $382 million or 1.6 per cent...

ADB reaffirms support for Pakistan’s development agenda, Covid-19 response

MANILA: Asian Development Bank (ADB) Vice President Shixin Chen has reaffirmed support for Pakistan’s development efforts and coronavirus pandemic response during a...

‘IMF delegation to visit Pakistan for reinstatement of EFF programme’ 

Hafeez Shaikh says IMF programme will be reinstated soon, with negotiations focusing 'energy reforms and tax revenue growth'

Govt to offer golden handshake to around 3,000 PIA employees

KARACHI: In order to cut PIA's losses by Rs4.2 billion, the government has approved plans to lay off around 3,000 of its...