Zafar Bhutta

New incentives proposed to boost remittances

ISLAMABAD: The State Bank of Pakistan (SBP) has proposed performance-based incentives for banks and ...

Steps set for foreign-funded projects

ISLAMABAD: The government has outlined several key steps to ensure the success of foreign-funded pro...

Pakistan moves to join MERCOSUR

ISLAMABAD: Pakistan is set to join MERCOSUR, a prominent South American trade bloc, after receiving ...

Power struggles in climate ministry

ISLAMABAD: The Ministry of Climate Change has become the centre of internal conflict over efforts to...

ECC uncovers violations in export

ISLAMABAD: The Economic Coordination Committee (ECC) has exposed irregularities in sugar exports, re...

PTA terms ex-IT secretary directive illegal

ISLAMABAD: Pakistan Telecommunication Authority (PTA) has informed a parliamentary panel that a form...

SIFC pushes for LPG plant resumption

ISLAMABAD: The Special Investment Facilitation Council (SIFC) has directed the Petroleum Division to...

Govt weighs offshore drilling reform

ISLAMABAD: The government is actively exploring two options to amend the offshore fiscal regime, aim...

Chinese lenders agree on daily SOFR

ISLAMABAD: Chinese lenders to the independent power producers (IPPs) have refused to accept the Term...

Minister promises action to address diesel crisis

ISLAMABAD: Petroleum Minister Musadik Malik has expressed ignorance about excessive diesel imports b...

Cabinet refuses to ratify sugar export

ISLAMABAD: The cabinet has deferred export of a further 100,000 tons of sugar till the start of new ...

Dar rejects gas allocation proposals

ISLAMABAD: Ishaq Dar, Chairman of a high-level committee on oil and gas, on Monday turned down a fra...

Govt mulls utility swap on gas crisis

ISLAMABAD: As the ill-planned and expensive Liquefied natural gas (LNG) imports have led to a reduct...

Sept diesel imports to cost $140m

ISLAMABAD: Despite having surplus oil stocks providing 45-day cover, Pakistan is expected to see an ...

KE seeks tariff hike of over Rs3 per unit

ISLAMABAD: K-Electric (KE) has sought an increase of over Rs3 per unit in electricity tariff on acco...

Cabinet defers decision on bidding procedure

ISLAMABAD: The cabinet has raised questions over the proposed revised bidding procedure for the awar...