ISLAMABAD - The Islamabad Chamber of Small Traders (ICST) on Sunday said business community and the masses have full faith in the abilities of Prime Minister Shahid Khaqan Abbasi who should immediately take charge of the finance ministry to save the country ...

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  • Pipelines for gasification of 137 villages

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    ISLAMABAD - Sui Southern Gas Company Limited (SSGCL) will lay 567-kilometer pipelines for supplying gas to 137 villages of Sindh and Balochistan provinces at a cost of over two billion rupees this year. According to Radio Pakistan, under the PM's Global Sustainable Development Goals Programme, the SSGCL is working to provide natural gas facility to 119 villages in Sindh and 18 villages in ...

  • Ministry ‘violating’ constitution over Irsa federal member appointment

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    ISLAMABAD - In violation of Article 270 AA of the constitution, instead of appointing a Sindh domiciled person as the federal member of Indus River System Authority (Irsa), the Ministry of Water Resources has asked all the provinces to furnish the names of high ranking irrigation officials for the federal member of the authority. “The Ministry of Water Resources has asked all the provinces, ...

  • Stocks plummet 1.4pc amidst political chaos

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    LAHORE - Lackluster activity prevailed at the bourse again with KSE-100 index plummeting by 1.4 percent WoW to close at 40,844. Most of the euphoria witnessed during the last week (strong mutual fund buying) fizzled out as political headwinds took charge of affairs. Unsettling news over timing of elections, ongoing court cases (involving ex-prime minister, finance minister and Imran Khan etc) ...

  • Computer service exports increase 32pc to over $111m

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    ISLAMABAD - The computer services exports from the country increased by 32.11 percent during the first two months of the current fiscal year as compared to the corresponding period of last year. According to the data of Pakistan Bureau of Statistics (PBS), Pakistan earned $111.380 million from the exports of computer services during July-August (2017-18) against the services of $84.310 million. ...

  • Great scope for expanding bilateral trade: Turkish envoy

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    KARACHI - Turkish Consul General in Karachi Murat M Onart has said there is great scope for expanding Pakistan-Turkish bilateral trade. This was stated by the Turkish envoy, at a farewell reception here, says a statement on Sunday. Onart returns to Turkey in December after serving for six years in Karachi. He said Turkey's main focus in Pakistan is infrastructure projects besides energy and ...

  • Punjab supporting 87,000 industrial, cottage units

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    LAHORE - To build 'Earn-effective-human-capital' vision, the Punjab government is supporting over 48,000 industrial and 39,000 small and cottage-size units, under its Punjab Growth Strategy (PGS) 2018, which will bring about an economic revolution in the coming years. This was stated by a senior official of Planning and Development Department, while talking to APP here on Sunday. He said that the ...

  • News Brief

    Govt urged to support dairy sector ISLAMABAD (INP): The Pakistan Economy Watch (PEW) on Sunday said the dairy sector has great potential which can be exploited with the support of the government. With milk production of 56 crore tons, Pakistan is the fifth largest producer of milk in the world while it is among top three producers in the Asia-Pacific region, it said. Milk production can be ...

  • Europe turns on Facebook, Google for digital tax revamp

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    BRUSSELS -  They have revolutionised the way we live, but are US tech giants the new robber barons of the 21st century, banking billions in profit while short-changing the public by paying only a pittance in tax? With public coffers still strained years after the worst of the debt crisis, EU leaders have agreed to tackle the question, spurred on by French President Emmanuel Macron who has ...