Govt links abolishment of CPEC authority with China approval

Islamabad: The federal government has linked abolishment of  China Pakistan Economic Corridor (CPEC) authority with China approval. Sources said that the high ups...

Pakistan starts evaluating new facility as UK announces new GSP scheme

ISLAMABAD: Pakistan has started evaluating trade facilities with the United Kingdom (UK), as the foreign country has announced the launch of the...

Honda Atlas Cars Pakistan announces price reduction for entire CKD portfolio

LAHORE: Honda Atlas Cars Pakistan Limited (HACPL) has announced a price reduction across its entire completely-knocked-down (CKD) portfolio.  This decision completes the downward...

IMF loan disbursement to start by August end: Miftah

ISLAMABAD: Federal Minter for Finance Miftah Ismail on Tuesday announced that loan disbursements under the Extended Fund Facility (EFF) will start by...

Miftah under fire after strong backlash from within party and Zardari

ISLAMABAD: Finance Minister Miftah Ismail on Tuesday while defending the hike in POL prices said that while he was an "easy target" for...

Suzuki announces plant closure and price reduction

LAHORE: Pak-Suzuki Motor Company (PSMC) has announced both a temporary shutdown of its car plant and a downward revision of its prices...

FBR to brief PM on upcoming mini budget today

ISLAMABAD: The Federal Board of Revenue (FBR) will brief Prime Minister Shehbaz Sharif on the upcoming mini budget on Tuesday. In this regard,...

Central govt debt witnesses biggest monthly hike of PKR3,145bn

KARACHI: Central government debt increased to PKR47.8trn after increasing 7% in a month during June 2022 making the PKR 3,145 bn jump...

2,000 containers of unbanned items remain stuck at ports

ISLAMABAD: Around 2,000 containers of non-banned items have been stuck at ports for the past over two months even as the incumbent...

SBP allows exchange firms to export forex other than US dollar

The State Bank of Pakistan (SBP) Monday allowed all exchange companies to export foreign currencies other than the US dollar and bring...

PSX hits two-month high with KSE-100 index over 43,000-mark

ISLAMABAD: The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bullish  trend on Monday, gaining 764.25 points, hit a two-month high...

NEPRA notifies Rs9.90 per unit hike in power tariff

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has approved and notified a massive Rs9.90 per unit increase in the power price...

Pakistan inches closer to receive $1.17bn from IMF

ISLAMABAD: In a major development for the release of $1.17 billion tranche, the International Monetary Fund (IMF) has agreed to the letter...

Pakistan, Turkiye sign PTA

ISLAMABAD: Pakistan and Turkey on Friday signed the Preferential Trade Agreement (PTA) aimed at boosting trade in goods between the two countries. In...

PM seeks early report on suspended power projects

ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday asked the inquiry commission for an early submission of the report on the suspension of...