The Central Development Working Party (CDWP) on Thursday cleared the Karachi Circular Railway (KCR), worth Rs. 273 billion, as a modern urban railway project and referred it to the Executive Committee of the National Economic Council (ECNEC) for furthe…

Finance Minister Shaukat Tarin has assured the Khyber Pakhtunkhwa government of full support and cooperation of the Federal government to resolve the financial issues on priority basis.He made this assurance in a meeting with Finance Minister, Khyber P…

Punjab Chief Minister Sardar Usman Buzdar says conducive atmosphere is being provided by the government to encourage trade and investment activities.He said this during a meeting with delegation of the Tawan Group which called on him at CM Office.Usman…

In a recently issued report, the International Monetary Fund (IMF) states that in the next ten years, Pakistan’s electricity consumption will increase by 78 percent. To bridge the demand and supply difference, Pakistan needs an investment of $24.5 bill…

The National Tariff Commission (NTC) has imposed anti-dumping duties varying from 6.2 percent to 17.3 percent on flat steel products for five years. These products include iron or non-alloy steel, rolled coils that are being imported and dumped from Ch…

Special Assistant to the Prime Minister on China-Pakistan Economic Corridor (CPEC) Khalid Mansoor has said that Prime Minister Imran Khan’s visit to China will pave the way for more investment in CPEC projects.Talking to the Chinese state media in Beij…

The inconsistent tax regime and opening of foreign currency accounts are two major policy hurdles in promoting exports of the information technology sector said Federal Secretary for Ministry of Information Technology and Telecommunication Dr Muhammad …

Federal Minister for Finance and Revenue, Shaukat Tarin has stated that the government is taking measures to stop under-invoicing, especially taking place in the import of petroleum products, as it is causing huge revenue loss.Addressing the inaugurati…

President & Chief Executive Officer Engro Corporation Limited, Mr. Ghias Khan, has taken over as the President of the Overseas Investors Chamber of Commerce and Industry (OICCI) for the 2022 term.This was announced at the 162nd Annual General Meeting o…

The government has finally imposed a massive hike in the Regulatory Duty (RD) on imported luxury vehicles after several weeks of contemplation.The Federal Board of Revenue (FBR) has issued a notification on Friday, according to which, the government ha…