Interim PM Kakar focusing on modernizing Gwadar's fisheries through professional training
ISLAMABAD: Caretaker PM Anwaarul Haq Kakar said that modernisation of fisheries in Gwadar was government's priority. Stakeholders were being trained to improve their working at par with international standards by utilising modern machinery and boats...
IMF connection endures: Pakistan's persistent tether despite economic shifts
Interim Finance Minister Dr. Shamshad Akhtar highlighted Pakistan's need for a prolonged IMF program and emphasized the necessity of raising electricity and gas prices to meet ongoing bailout package conditions, attributing the country's "fragile" ec...
‘FPCCI stands by govt on IMF SLA’
Karachi: FPCCI welcoming successful completion of first review of staff-level agreement (SLA) with IMF pertaining to current Standby Agreement (SBA) said it stood by government to surpass its revenue generation target despite all odds and, above all,...
PRL executes upgrade agreement with OGRA
Karachi: Pakistan Refinery Limited (PRL) executed an upgrade agreement with Oil and Gas Regulatory Authority (OGRA). In accordance with mandatory provisions outlined in Pakistan Oil Refining Policy for upgradation of existing/brownfield refineries, 2...
PM directs all stakeholders to pursue SIFC initiatives to reap dividends
ISLAMABAD: Interim Prime Minister Anwaarul Haq Kakar directed all stakeholders to vigorously pursue Special Investment Facilitation Council’s initiatives through collaborative approach to reap dividend in short to medium terms besides, initiati...
PSX surpasses 57,000 following successful IMF review
The Pakistan Stock Exchange (PSX) surged beyond the 57,000-point mark, driven by investor confidence following the International Monetary Fund's (IMF) staff-level agreement on the initial review of a $3 billion stand-by arrangement. The PSX's main in...
Federal cabinet may ‘okay’ power tariff hike
KARACHI: The summary for another 1.72 per unit electricity tariff hike for Karachi will be presented before the federal cabinet tomorrow, citing sources, yesterday. Following the Economic Coordination Committee (ECC) decision, the summary for Rs1.72...
Visa ease to boost Pakistan-Uzbekistan trade need of the hour: PM
ISLAMABAD: Caretaker Prime Minister (PM) Anwaarul Haq Kakar yesterday underscored that easy visa procedures, improved banking channels and reciprocal warehousing facilities would further boost trade between Pakistan and Uzbekistan. The prime minister...
Bank Alfalah partners with J.P. Morgan
Karachi: Bank Alfalah and J.P. Morgan Payments have come together to form a strategic engagement to empower individuals to experience real-time transactions like never before under J.P. Morgan’s Xpedite Remit Service, an advanced service that b...
China opens new avenues for Pakistani value-added dairy products
BEIJING: The General Administration of Customs of China (GACC) issued a bulletin recently regarding the inspection and quarantine requirements for imported Pakistani dairy products. The bulletin states that Pakistani dairy products that meet the requ...
