PC approves restructuring of Steel Mills

ISLAMABAD:  The Privatisation Commission’s Board has approved the transaction structure proposed by its Financial Advisors for the restructuring of Pakistan Steel Mills. The decision was taken during the PC Board meeting on Tuesday. The proposed structure,...

Dar reviews 5-year macroeconomic framework

ISLAMABAD: Finance Minister Senator Mohammad Ishaq Dar chaired a meeting here on Tuesday to review the five-year (2017-18 to 2021-22) macroeconomic framework.  The Finance Minister directed to align medium-term fiscal policy with the targets provided...

Dar chairs meeting on reforms in banking sector

ISLAMABAD: Finance Minister Ishaq Dar chaired a meeting here today and reviewed the new technological trends and reform initiatives in banking/financial sector. Governor State Bank Ashraf Mehmood Wathra updated the Finance Minister regarding the new technological...

PM announces package of Rs180bn to boost export

ISLAMABAD: Prime Minister Nawaz Sharif has announced an attractive package of incentives of 180 billion rupees to boost exports. He made the announcement at a ceremony attended by members of the business community in Islamabad this...

12 companies interested to maneuver Shalimar Express

ISLAMABAD:  As many as 12 companies have shown interest in running  Shalimar Express including Daewoo, Al Baraka, Mazari Group and others. Six other different private companies have submitted their tenders to operate Bolan Express and Khoshal...

Govt asked to help struggling textile industry

ISLAMABAD: The Pakistan Economy Watch (PEW) on Sunday said future of textile industry seems bleak therefore government should take urgent steps to save it from collapse. Textile is very important sector of the economy, it is...

Strict action against profiteers demanded

ISLAMABAD: Islamabad Chamber of Small Traders has asked government to check unfair hike in the price of essential items while strict action should be taken against profiteers. It expressed concern over the increasing trend in the...