Chinese investors seek offshore funds; Pak to make annual payments of $2.4b
ISLAMABAD: Chinese investors have demanded that Pakistan place funds in offshore bank accounts to service debts incurred for setting up energy plants under the...
Premier Shehbaz assures all-out support to Saudi investors
ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif assured his government’s blanket support to the Saudi investment, enabling the investors and businessmen to accomplish their future...
Pakistan’s benchmark share index rises as much as 1.5pc
KARACHI: Pakistan Stock Exchange (PSX) benchmark share index rose 1.5 per cent during intraday trade on Monday, to an intraday high of 72,986 points....
IMF mission expected in Pakistan this month to discuss new loan deal
ISLAMABAD: The International Monetary Fund’s (IMF) mission is expected to visit Pakistan during this month to discuss a new program, the Fund confirmed ahead...
Corruption, personal gain hinder revenue targets: Premier Shehbaz
ISLAMABAD: "Corruption, personal gain are big hurdle in obtaining the revenue targets of Pakistan and once we address these formidable challenges we have capacity...
Government employees likely get 12% salary rise in upcoming budget
ISLAMABAD: In the upcoming federal budget for fiscal year 2024-25, the government employees are likely to get increase by 10 to 12 per cent...
Thar Coal Mine set for full-scale operations with approved tariff
KARACHI: The Thar Coal & Energy Board (TCEB) has given green signal for the Commercial Operations Date (COD) Stage tariff for the Thar Coal...
Inflation clocks in at 23-month low of 17.3% beating govt expectations
ISLAMABAD: Showing signs it has finally started cooling off, Pakistan's Consumer Price Index (CPI) based inflation was recorded at 17.3% year-on-year in April —...
Crude oil prices decrease about 1% on rise in production
DUBAI: Crude oil prices internationally experienced a downturn in the market as production surged in the United States, the world’s largest consumer of crude...
Federal Government to block mobile phone SIMs of over 500,000 non-filers
ISLAMABAD: Federal Board of Revenue (FBR), the tax watchdog of the country makes public the names of 506,671 non-filers and cellphone SIMs of these...
