Gwadar Intl Airport to be inaugurated
BEIJING: The new Gwadar International Airport, a flagship project under the China-Pakistan Economic Corridor (CPEC), is on the verge of…
‘Pakistan’s energy sector can save over $8b in 10 years’
ISLAMABAD: An independent study conducted by the Policy Research Institute for Equitable Development (PRIED) and Renewables First, both Islamabad-based research…
Salaried class pays nearly 200% more tax than exporters, retailers
ISLAMABAD: Pakistan’s salaried class paid Rs264.3 billion in income tax in the just-ended fiscal year – a sum that is…
Ease restrictions on profit repatriation: OICCI
KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI) expresses hope that the Pakistani government will gradually ease restrictions…
NTDC, AFD sign €180m agreement
LAHORE: French Development Agency (AFD) and the National Transmission and Despatch Company Limited (NTDC) entered into a project agreement for…
Petrol dealers call off strike after govt assurance
KARACHI: The government has reached an agreement with the fuel pump owners to increase their profit margins by Rs1.64 per…
Honda Atlas sees potential surge in car sales
KARACHI: Honda Atlas Cars (Pakistan) Limited (HCAR) conducted a corporate briefing on Monday, revealing its financial performance during March Year…
Petroleum dealers, govt agree on margins after marathon talks
KARACHI: After an intensive 7-hour negotiation session at PSO House in Karachi on Monday evening, the second round of talks…
A precarious economic crisis and IMF’s reforms
KARACHI: Pakistan is facing a severe economic crisis that has been exacerbated by the global energy crisis, the COVID-19 pandemic,…
Investment policy and way forward
ISLAMABAD: While the final approval of the $3 billion IMF loan and another $10 billion from other sources, including friendly…