According to a spokesman for the PIA, an Airbus A320 flight from Karachi-Skardu-Karachi would be operated for the convenience of the residents of the northern areas. Airbus flight for...
The Ministry of Maritime Affairs is collaborating with the Petroleum Division to facilitate the new LNG terminal developers in streamlining the process and working the bureaucracy to obtain various NOCs and handover of the possession of land for tie-in facilities near Pakistan Steel Mills.
Presiding over a meeting, called to review progress of development works at industrial estates working under the Punjab Industrial Estates Development and Management Company (PIEDMC), Mian Aslam Iqbal said...
Though the government claimed that the sugar crisis in Punjab has been controlled, it is not the case as sugar vanished from the shelves of retail shops after the...
Pakistan’s exports of textile and clothing rebounded in March mainly due to value-added sectors and posted a growth of 30.4 per cent from a year ago, showed data released by the Pakistan Bureau of Statistics (PBS) on Friday.
According to the Policy Think Tank's 12-Month analysis till January 2021, the economy is going in a positive direction on the back of the Large Scale Manufacturing sector and Increased business confidence.
The policy was extended despite concern from the Power Division that this might lead to increase in the loadshedding and power stations tripping during core months ranging from May to September.
Federal Minister for Finance, Revenue, Industries and Production Muhammad Hammad Azhar Friday reiterated the government’s firm commitment to further promoting the construction industry as it had triggered an impressive...
Engro Corporation, a diversified group of companies, has announced that it will undertake advance studies for setting up a manufacturing plant in the petrochemical sector at an estimated cost of over $1 billion, which will slash Pakistan’s chemical imports and give a push to exports.
Governor State Bank of Pakistan (SBP) Dr. Reza Baqir has said that they are ‘carefully studying’ the option to launch a digital currency in Pakistan. He said that the introduction of an SBPs digital currency will have a twofold benefit to Pakistan.
Federal Committee on Agriculture met to set production targets for the Kharif crops that are about to start sowing. Wheat Production is set to increase by 1.7 percent this year.
The Borad of Directors (BoD) of Silkbank Limited has accorded, in principle, its approval to Habib Bank Limited’s (HBL’s) request to provide its concurrence to the latter (HBL) to apply to State Bank of Pakistan to proceed with the due diligence of the Consumer Portfolio of Silkbank Limited.
The State Bank of Pakistan on Monday announced the third five-year strategic plan for the Islamic banking industry. The aim of the plan is to expand the share of Islamic banks’ assets and deposits to 30 percent in the overall banking industry.
Federal Minister for Finance and Revenue Hammad Azhar said despite challenges, the country’s economy was in much better condition than it was back in 2018 when the incumbent government assumed power.
“A big thanks to our Overseas Pakistanis! #RoshanDigitalAccount deposits have crossed $800m, after an inflow of $212m in March. Inflows have been accelerating every month since the RDA launch...
Since it first leaked to the public last month, the news of a proposed amendment in the central bank’s status has become a topic of national discussion. Some people have gone so far as to call it an IMF conspiracy to break Pakistan while others thought it was against our national interest and needed to incorporate other objectives such as growth and employment. We touched base with several commentators who have been looking at this issue to get their views on the SBP autonomy