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PIA adds five new destinations
Karachi: Pakistan International Airlines (PIA) has added five new destinations – four in Australia and one in Europe – as part…
Tax exemptions cost Pakistan Rs394.5b
Islamabad: Tax exemptions continued to be a thorn in the government’s rosy image as the latest figures revealed that Pakistan sustained…
Priority area: K-Electric’s output continues to decline
Islamabad: The agriculture sector may have taken some shine off GDP, but the energy sector contributed its fair share as around…
Telenor wins 850MHZ spectrum licence
Karachi / Lahore : Telenor Pakistan Limited, an existing 3G mobile broadband internet service provider in the country, provisionally won a…
Govt to float $750m Eurobond in next fiscal year
Islamabad: Pakistan will issue $750 million worth of Eurobonds in the new financial year to pay back debt incurred during the…
Five export-oriented sectors get major tax relief
Islamabad: The government’s decision to charge tax only at the retail stage of a textile product is the first practical step…
CPEC: Projects worth $30b already under way, claims Ahsan Iqbal
Projects worth $30 billion out of a total portfolio of $46 billion have been initiated in the last one year…
PSO increases imports of furnace oil to meet power shortage
Pakistan State Oil (PSO) has announced that the company, has increased imports, to ensure increased supply of furnace oil to the power plants…
Expected: Oil prices likely to rise up to 14.6%
Islamabad: Officials in the Ministry of Petroleum and Natural Resources have revealed that petroleum product prices in the country could be…