PM wants exporters to push country’s exports to $100bn
LAHORE: Prime Minister of Pakistan Shahid Khaqan Abbasi on Sunday stressed upon the exporters to increase Pakistan's exports to at least $100...
Rs659.5 bn released for development projects under PSDP 2017-18
ISLAMABAD: The government has released over Rs659.5 billion under its Public Sector Development Programme (PSDP) 2017-18 for various ongoing and new schemes...
Pakistan to secure another $2 bn from China to support reserves
ISLAMABAD: As the depletion of reserves continue, the government has planned to secure another $2 billion through the agreed short-term loan of...
Automobiles sales increase 23pc in July-April and 14pc MoM
The sales of automobiles grew to 25,567 units, up by 39 per cent YoY in April 2018
Weekly inflation rises 0.31 pc
ISLAMABAD: The Sensitive Price Indicator (SPI) based weekly inflation for the week ended on May 10 for the combined income groups witnessed...
Iranian rial loses steam in local currency market, after US exit from nuclear deal
The Iranian rial has fallen sharply in the global currency market after the US decision to exit the nuclear deal on Tuesday
German ambassador’s pictures on Twitter dismiss security concerns in Pakistan
Federal Republic of Germany Ambassador to Pakistan Martin Kobler said that when he first came to Lahore, instead of using a car, he took a train from the Rawalpindi Railway Station to reach the city costing him a mere Rs700. This, however, goes against the image of Pakistan that is portrayed abroad in an unfair manner, and does not reflect reality, the German ambassador added, stressing the need for politicians from both sides to work on improving the perception.
OGRA penalises PLL Rs560 mn over cancellation of four LNG cargoes
ISLAMABAD: In a blow to the government’s efforts to promote LNG business in the country, OGRA has imposed a Rs560 million penalty...
LCCI urges FBR to restore FTR for commercial importers
LAHORE: The Lahore Chamber of Commerce and Industry (LCCI)has urged the Federal Board of Revenue (FBR) to give relief to those taxpayers...
PAPCO’s $200 million multi-grade pipeline to be functional next year
KARACHI: The Pak Arab Pipeline Company (PAPCO)’s White Oil pipeline will become multi-grade by the second quarter of 2019, Shell Pakistan’s management told...
High-level Afghan delegation visits Pakistan to improve bilateral tradeÂ
ISLAMABAD: A high-ranking ministerial delegation from Afghanistan, led by Deputy Minister for Commerce H E Kamila Sidiqi had met with Commerce Secretary...
Govt contemplating to scrap regulatory duty on dry milk imports
Bilateral trade between Pakistan and Netherlands crossed the $1.21 billion mark during 2016-17 and in July-April 2017-18 total trade volume stood at $1.54 billion
RCCI to hold conference in Belgium to boost trade, improve country’s image
RAWALPINDI: Rawalpindi Chamber of Commerce and Industry (RCCI) will hold a business opportunity conference in Belgium on May 8.
The RCCI President Zahid...
Economic affairs secretary leads delegation at ADB board’s annual meeting
MANILA: The governors of the Asian Development Bank (ADB) have supported the idea of applying differentiated pricing in the bank’s regular OCR...
UK firm on enhancing trade with Pakistan post Brexit
UK to support Pakistan in enhancing trade: Diplomat
ISLAMABAD: The UK government reiterates its support for Pakistan to benefit from the EU’s GSP+...