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  • Finance minister terms tax award winners ‘national heroes’

    Minister for Finance and Revenue Muhammad Aurangzeb on Tuesday termed the tax award winners ‘national heroes,’ urging the countrymen to pay their due taxes being responsible citizens. “You [the tax award winners] are really our national heroes. The entire nation and the country should follow you as a beacon of light,”…

  • Pakistan to issue Panda Bonds worth $300mln this year: Finance Minister

    Finance Minister Muhammad Aurangzeb has said Pakistan will issue Panda Bonds worth 300 million dollars this year to tap Chinese market. In an interview with Bloomberg, he said China is the second largest bond market in the world and Chinese investors can take advantage of Panda bonds. The Minister said initially…

  • Pakistan, Turkiye agree to increase bilateral trade to $5billion

    Pakistan and Turkiye have reaffirmed the resolve to utilize the optimum potential of their bilateral trade and increase it to five billion dollars. The commitment was expressed during meeting between Foreign Minister Ishaq Dar and his Turkish counterpart Fidan Hakan on the margins of Nuclear Energy Summit in Brussels today. The…

  • Oil refining company Cynergico announces to upgrade operations in Pakistan

    Oil refining company Cynergico has announced to upgrade its operations in Pakistan at par with international standards for producing higher profit petrol and diesel products. Under the project, the company aims to double its processing capacity to 50 thousand barrels which in turn will boost domestic oil refining in the country.…

  • Pak-Iran trade can be increased up to $5b: Iranian envoy

    Ambassador of Iran to Pakistan, Dr. Reza Amiri Moghadam has said that  annual volume between Pakistan and Iran trade can be increased up to five billion dollars in the coming few years. Addressing the business community in Islamabad the envoy said there is a strong possibility of doubling the bilateral trade…

  • No further increase in circular debt at close of year: Musadik

    Minister of Energy Musadik Malik has said there will be no further increase in the circular debt at the close of this year. Addressing a news conference in Islamabad today, he mentioned that the circular debt was around 2310 billion rupees at the end of last year. The Minister of Energy…