AirSial ready for takeoff, gets go-ahead from PM Imran
Prime Minister Imran Khan on Friday granted approval for the launch of a new private airline, AirSial, from Sialkot International Airport.
PM directs authorities to finalise renewable energy policy by Jan 2019
ISLAMABAD: Prime Minister Imran Khan on Wednesday chaired a meeting of the Cabinet Committee on Energy at the PM’s Office.
The prime minister was...
Khusro Bakhtiar calls for transforming Pakistan into technology-driven economy
'Economic development depends on intellectual capital, quality human resource and upliftment of industry'
ISLAMABAD: Planning, Development and Reform Minister Makhdum Khusro Bakhtiar has...
Govt to implement energy policy by May 2019, IMF told
ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) government is set to implement a comprehensive energy policy covering all elements of the energy supply chain, demand...
Pakistan remained a net loser in FTAs with Indonesia, China, Malaysia and Turkey: Dawood
Govt planning to give a comprehensive industrialisation policy, wherein, the focus will be on engineering, chemical, IT and agriculture sectors instead of the textile sector alone, said Dawood
SEP resubmits offer to acquire 66.4% stake in K-Electric
On December 21st, as per regulations, Shanghai Electric withdrew its offer due to lapse in the prescribed time period for making a public announcement of the offer
FBR to extend EPOS to retail stores and shopping malls
The tax department has informed the International Monetary Fund (IMF) that the government will extend the EPOS to retail chain stores and shopping malls till March 2019
$3 billion to be received in one go from UAE: Report
According to sources, an interest rate of 2.18% will be charged on the $3 billion to be deposited in the central bank
Talks with IMF face obstacles, as adjustments sought deemed “too steep”
The forthcoming IMF programme envisages an adjustment between Rs1,600 to Rs2,000 billion over a three to four years duration
Pakistan plans to relax visa policy in bid to revive tourism
Pakistan was last a prominent tourist destination in the 1970s when the “hippie trail” brought Western travellers through the apricot and walnut orchards of the Swat Valley and Kashmir on their way to India and Nepal
Purchasing power wanes as rupee depreciation stings consumers and businesses
The rupee's depreciation has impacted consumer appetite and contributed to restaurants profit margins being squeezed as they attract fewer customers
UAE decides to bolster Pakistan’s forex reserves with $3 billion
Pakistan is expecting the UAE to extend further financial assistance via deferred oil payments, said Information Minister Fawad Chaudhary
Pakistan, China agree to enhance cooperation under CPEC
MoU signed for industrial cooperation with an aim to attract investments in special economic zones
JCC agrees to implement poverty alleviation demonstration...
Govt tells IMF it may levy federal excise duty on domestic and imported cars
With a blend of new taxes and rupee devaluation, the tax collection could increase to Rs4.5 trillion during the current financial year, Rs5.8 trillion by June 2020 and Rs7 trillion by June 2020, respectively
Govt considering another ‘mini-budget’ in Jan 2019
Finance minister tells senators about proposals for increase in taxes, says govt could consider decreasing taxes instead
Says financial aid received...