PM Imran inaugurates Pakistan’s first stent production facility
ISLAMABAD: Prime Minister Imran Khan on Friday inaugurated a mega stent production facility at the National University of Science and Technology (NUST)...
Pakistan, World Bank sign $1.15bn accords for clean energy projects in KP
ISLAMABAD: Pakistan and the World Bank on Thursday signed two agreements related to renewable energy and hydropower projects, worth $1,150 million, in Khyber...
Cabinet approves enactment of EXIM Bank of Pakistan Act 2020
ISLAMABAD: The federal cabinet on Tuesday gave an approval for enactment of the Export-Import Bank of Pakistan Act, 2020.
According to sources, the...
Pakistan, ITFC sign $386m agreement for import of oil, LNG
ISLAMABAD: Pakistan has signed a financing agreement amounting to $386 million with the International Islamic Trade Finance Corporation (ITFC), a subsidiary of...
Foreign remittances top $2bn for fourth month
KARACHI: Remittances from Pakistani workers employed abroad increased to $2.3 billion in September, a 31.2pc rise Year-on-Year (YoY) and up 9pc compared...
No change in existing permissions under forex regulations: SBP
KARACHI: The State Bank of Pakistan (SBP) on Sunday issued both a clarification and a lengthy ‘frequently asked questions (FAQs)’, in response...
PM assures timely subsidy for banks providing loans to youth
ISLAMABAD: Prime Minister Imran Khan has reiterated his commitment to ensure timely provision of subsidy to banks, so that they are able...
PTA blocks TikTok for ‘immoral and indecent’ content
ISLAMABAD: Pakistan’s telecom regulator blocked TikTok on Friday for failing to filter out “immoral and indecent” content, another blow to the social...
‘Economic constraints’: PIA’s Roosevelt Hotel announces permanent closure from 31st
PIA plans to redevelop the site into primarily an office tower over retail space and condominium
Govt approves establishment of three new SEZs in Islamabad, Punjab, Sindh
ISLAMABAD: In an effort to boost investment and economic activities in the country, the government has approved the establishment of three new...
Pakistan eyes six LNG spot cargoes for Dec to prevent gas shortage
ISLAMABAD: In order to meet the gas requirements of the country, Pakistan LNG Limited (PLL) has invited bids for the delivery of...
Pakistan earns $161mn from IT services’ export in July
ISLAMABAD: Pakistan earned $161.980 million by providing different information technology (IT) services in various countries during the first month of the ongoing...
Cement despatches surge to record 5.21m tonnes in Sept
LAHORE: The cement sector has achieved the highest ever despatches in September 2020, as the total despatches during the month were recorded...
Steel manufacturers meet PM, highlight impediments to industry’s growth
ISLAMABAD: Prime Minister Imran Khan, while assuring support and incentives for growth, development and revival of the country's steel sector, has called...
FBR, PSMA sign accord for electronic monitoring of sugar production
ISLAMABAD: The Federal Board of Revenue (FBR) has signed a memorandum of understanding (MoU) with Pakistan Sugar Mills Association (PSMA) to operationalize...