Breaking News

ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb highlighted the Federal Board of Revenue (FBR) transformation plan aimed...

PRAL’s incomplete import reporting causes $11b discrepancy in Pakistan trade data: report

byQaisar Mansoor

ISLAMABAD: Around $11 billion discrepancy found in Pakistan’s trade data as the Pakistan Revenue Automation Limited (PRAL) reported incomplete import...

Finance Minister projects 3.5–4pc GDP growth despite flood damages

ISLAMABAD: Finance Minister Muhammad Aurangzeb has projected Pakistan’s economic growth between 3.5 and 4 percent for the current fiscal year...

Pakistan seeks China’s support for membership in New Development Bank

WASHINGTON: Pakistan has sought China’s support for securing membership in the New Development Bank, a multilateral development bank established by the...

Aurangzeb highlights Pakistan’s economic reform agenda, growth strategy at Atlantic Council

WASHINGTON DC: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb on Thursday attended a session at The Atlantic Council...

Pakistan, Rwanda explore maritime corridors to boost East Africa trade

KARACHI: Pakistan and Rwanda have discussed strengthening bilateral trade through maritime-linked corridors connecting Karachi Port with key East African ports...

Petrol prices decreased by Rs5.66, per liter, diesel Rs1.39

ISLAMABAD: The government on Wednesday decreased the price of Motor Spirit (MS) Petrol by Rs5.66 per liter and high speed...

FBR imposes major penalty on two customs I&I officers over bribery allegations

LAHORE: The Federal Board of Revenue (FBR) has imposed major penalties on two officers of the Directorate of Intelligence and Investigation...

Amreli Steels executes financial restructuring agreement with banking syndicate

LAHORE: Amreli Steels Limited has successfully executed a Master Restructuring Agreement along with all allied documents with its banking syndicate,...

Pakistan’s reforms can set stage for East Asia moment:Aurangzeb

ISLAMABAD: Finance Minister Muhammad Aurangzeb says Pakistan's reform momentum and economic liberalization can set the stage for an "East Asia...

Sri Lankan envoy visits RCCI, calls for stronger bilateral trade ties

RAWALPINDI: High Commissioner of Sri Lanka to Pakistan Rear Admiral (Retd.) Fred Senevirathne visited the Rawalpindi Chamber of Commerce and...

Pakistan committed to reform agenda in key sectors: Aurangzeb

ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has reaffirmed the government commitment to staying the course on...

Aurangzeb seeks deeper investment, financial cooperation with Saudi Arabia, US

WASHINGTON DC:Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb held a series of high-level meetings with global financial and...

Pakistan suspends Afghan cargo transport in aftermath of border clashes

KARACHI: Amid ongoing tensions between Pakistan and Afghanistan owing to violent border clashes, Islamabad has suspended cargo transport under the...

Pakistan’s total liquid foreign reserves rise to $ 19.81 billion

KARACHI: Despite external debt repayments, the total liquid foreign reserves of Pakistan increased to $ 19,810.4 million as of 3...

CCP announces crackdown on toxic whitening creams

ISLAMABAD: The Competition Commission of Pakistan (CCP) has launched a nationwide probe against companies involved in making, marketing, and selling mercury-laden...

Pakistan, US agree to enhance agricultural trade & cooperation

ISLAMABAD: Minister for National Food Security and Research, Rana Tanveer Hussain reaffirmed Pakistan’s commitment to advancing a resilient, sustainable, and...

Pakistan clears sale of First Women Bank to UAE-based entity

ISLAMABAD: Pakistan’s Cabinet Committee on Inter-Governmental Transactions approved a bid from a United Arab Emirates entity owned by International Holding...

Jam Kamal arrives in Ethiopia to attend Pakistan-Africa trade conference, exhibition