Business & Economy

The Hague, June 1 (AFP/APP): The Netherlands and Germany are to jointly drill for a new gas field in the North Sea, the Dutch government said on Wednesday, a day after Russia cut gas supplies to the country. Deputy Minister of mining Hans Vijlbrief “issued […]

ISLAMABAD, Jun 01 (APP): Federal Minister for Economic Affairs, Ayaz Sadiq on Wednesday hailed the Europeon Union (EU) cooperation for economic development of Pakistan. He was talking to Thomas Seiler, Charge d’ Affairs a.i. of the European Union Delegation to Pakistan who called on him […]

KARACHI, JUNE 01 (Online): Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Wednesday said markets are responding positively to the government’s decision to increase the price of oil. […]

ISLAMABAD, Jun 01 (APP): Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal Wednesday said that Pakistan needed a big jump in exports to cope with economic challenges and urged the business community to play a role to boost exports. He said that private […]

TOKYO, Jun 1 (XINHUA/APP): Capital spending by Japanese companies increased in the January-March quarter from a year earlier, booking the fourth quarter of gains, as business spending on digital and green technology rose notably, the government said in a report on Wednesday. According to the […]

ISLAMABAD, Jun 1 (APP): The imports of agriculture machinery and other implements during 10 months of current financial year witnessed about 33.22% increase as compared the imports of the corresponding period of last year. During the period from July-April, 2021-22 country spent $89.644 million on […]

ISLAMABAD, Jun 01 (APP): Prime Minister Shehbaz Sharif on Wednesday said that Pakistan sincerely wanted to work with Turkish business fraternity to transform brotherhood into promoting bilateral trade, investment and culture. Minister for Information and Broadcasting Marriyum Aurangzeb in a tweet, quoting the PM as […]

ISLAMABAD, MAY 31 (ONLINE): National Electric Power Regulatory Authority (NEPRA) has approved hike in power tariff by Rs 3.99 per unit. This increase in tariff will entail additional financial burden of over Rs 51 billion to consumers. Meeting of NEPRA was held here under its […]

ISLAMABAD, May 27 (APP): Federal Minister for Finance and Revenue, Miftah Ismail on Friday said that government will not impose any new taxes on petroleum products. Talking to a private television channel, he said we will provide targeted subsidy in order to facilitate the poor […]

COLOMBO – May 24 (ONLINE) Sri Lanka increased fuel and transport prices on Tuesday, a long-flagged move to combat its debilitating economic crisis, but the hikes are bound to exacerbate galloping inflation, at least in the short-term. Power and Energy Minister Kanchana Wijesekera said in […]