Govt calls stakeholder meeting to formulate ‘national standard’ for auto sector
ISLAMABAD: Amid severe criticism of not playing its due role in ensuring 'auto standards' in the country, the Ministry of Science and...
IMF to give Pakistan $1.4bn in ‘budgetary support’ next week
The International Monetary Fund (IMF) will give Pakistan $1.4 billion next week “to boost its foreign exchange reserves and get some budgetary...
Govt, development partners weigh economic impact of COVID-19
--'Manufacturing and service sectors likely to take a significant hit in 2020'
--'Fiscal deficit could rise to 9.6pc of GDP, while poverty figures...
Govt unveils economic survey, misses key targets
Agriculture sector posts 2.67pc growth, whereas industrial and services sectors shrink -2.64pc and -3.4pc, respectively
PM Khan launches Roshan Apna Ghar Scheme for overseas Pakistanis
ISLAMABAD: Prime Minister Imran Khan on Friday launched the “game-changer” Roshan Apna Ghar scheme for overseas Pakistanis
According to the State Bank of...
Apple becomes first company to hit $3tr market value, then slips
NEW YORK: Apple Inc on Monday become the first company to hit a $3 trillion stock market value, before ending the day...
Suzuki announces plant shutdowns for April
Motorcycle plant shutdown extended to almost a month with car plant being shut on two separate days
PM wants FBR to restore people’s confidence in taxation system
ISLAMABAD: Prime Minister Imran Khan has termed tax collection as a key driver for economic stability, saying that the Federal Board of Revenue...
FDI surges 66pc in seven months
China remains the biggest investor in Pakistan, with a net FDI of $533m
Rupee crosses 180-mark against US dollar
The downtrend in the local currency persisted on Thursday and the rupee fell to a fresh all-time low at Rs180.07 against the...
Federal govt constitutes 21 member EAC
The Federal government has constituted a high powered 21 member Economic Advisory Council (EAC).
The EAC shall be chaired by the Prime Minister,...
Public-owned Qatari companies to run Islamabad, Karachi airports
ISLAMABAD: State Minister for Finance Aisha Ghaus Pasha on Thursday announced that public-owned companies of Qatar plan will run Islamabad and Karachi...
Senate presents 77 recommendations to NA over Budget 2018-19
The Senate on Wednesday recommended some 77 proposals to the National Assembly including the increase in petroleum development levy which may be restricted to an increase of 25 per cent over the existing rates, along with tax rates on individuals to be increased.
SBI supporting local, foreign investors through SEZs
KARACHI: The Sindh Board of Investment (SBI) is assisting companies and investors who intend to invest in Sindh, and is facilitating the...
Pakistan risks foreign investment with threat to reopen LNG deals: Former PM
Exxon Mobil returned to Pakistan in May with an investment in an offshore drilling project. It has expressed interest in building an LNG terminal in the country