Pak-Thailand FTA likely to be finalised by end of year: envoy

ISLAMABAD: Ambassador of Thailand to Pakistan Chakkrid Krachaiwong on Tuesday announced that the Free Trade Agreement (FTA) between Pakistan and Thailand to...

Govt asks NEPRA to increase power tariff by Rs1.39 per unit

ISLAMABAD: Power consumers are likely to face an additional burden of Rs1.39 per unit as the federal government has asked the National...

Accelerated economic recovery to continue: Economic Outlook report

ISLAMABAD: Given the performance of various economic indicators, the economic recovery that had accelerated since March 2021 is expected to continue, according...

Omar Ayub appointed ECC chairman

ISLAMABAD: Prime Minister Imran Khan on Thursday appointed Minister of Economic Affairs Omar Ayub the new chairman of the Economic Coordination Committee...

Rupee extends further gains

The Pakistani rupee continued to rebound for a second straight day as it appreciated around 0.30 per cent to close at Rs172.26...

PRL, NRL & BYCO refute allegation of high carbon footprint, rally against proposed shutdown

ISLAMABAD: Three local oil refineries - Pakistan Refinery Limited (PRL), National Refinery Limited (NRL) and BYCO Petroleum Pakistan Limited - have raised...

KP govt approves excise duty on minerals for miners

The Khyber Pakhtunkhwa (KP) government on Tuesday gave approval to the imposition of excise duty on minerals for miners with a fine...

Rupee downfall continues, reaches 175.27 in inter-bank market

The rupee continued to lose ground on Tuesday, shedding another Rs0.84 or 0.48 per cent to touch the newest all-time low of...

Chinese firm resumes work on Dasu hydropower project

PESHAWAR: Work on the 4300MW Dasu hydropower project resumed on Monday after three months and ten days as the Chinese company supervising...

IMF seeks closure of public entities’ bank accounts under TSA-1

Stressing the importance of the implementation of the Treasury Single Account (TSA)-1, the International Monetary Fund (IMF) has placed a condition on...

PM invites Saudi companies, entrepreneurs to invest in Ravi City, CBD

RIYADH: Prime Minister Imran Khan on Monday urged Saudi companies and entrepreneurs to benefit from Pakistan’s strategic location as well huge investment...

PIA starts new flights to UAE

KARACHI: Pakistan International Airlines (PIA) has started regular flight operations from three cities to Fujairah city of the United Arab Emirates (UAE). The national...

Pakistan succumbs to IMF pressure, accepts new conditions: report

ISLAMABAD: Pakistan’s talks with the International Monetary Fund (IMF) have not failed as the country has accepted most of the Fund’s new...

Torkham border crossing reopens

KABUL: The Torkham border crossing point which links Afghanistan and Pakistan has been reopened and those having travel documents can cross it, Abdul...

20 departments from Punjab set to partake in Dubai Expo 2020

LAHORE: The Punjab government has stepped up measures to ensure the participation of 20 departments, including agriculture, construction, livestock, industry and trade...