PM seeks businessmen’s support to revive economy
–Imran says govt undertaking reforms to strengthen economy, enhance FBR’s performance for tax boost
–Says nation needs to change mindset about taxation, imperative for traders to...
Standard Chartered’s Shazad Dada elected as OICCI president
Standard Chartered Bank Pakistan Limited Chief Executive Officer Shazad Dada has taken over as president of the Overseas Investors Chamber of Commerce and Industry...
Iran accuses KSA, Russia for taking oil market as ‘hostage’
LONDON: Iran’s Organization of the Petroleum Exporting Countries (OPEC) governor said on Saturday that Saudi Arabia and Russia have taken the oil market ‘hostage’...
Why are exporters crying foul against the SBP?Â
The entire matter hinges around one thing: how long exporters take before converting the proceeds for their exported products into PKR and bringing them home.
Uzbek companies urged to invest in CPEC economic zones
ISLAMABAD:Â Planning, Development and Reform Minister Makhdoom Khusro Bakhtiar on Monday underlined the need to establish transport and energy corridors, as they would not only...
SECP defers applicability of IFRS 9
ISLAMABAD:Â The Securities and Exchange Commission of Pakistan (SECP) has deferred the applicability of the International Financial Reporting Standard (IFRS) 9 "Financial Instruments" for all...
Marks & Spencer faces £87.6m loss as Covid-19 hits clothing sales
LONDON: Britain's Marks & Spencer swung to a first-half pre-tax loss of £87.6 million ($113.43) in the first half, its first loss, as Covid-19...
British-Pakistani businessman appointed to House of Lords
Bestway Group Chief Executive Zameer Choudrey CBE would be appointed to the House of Lords under the Queen's intention of conferring Peerages of the...
Philip Morris fixes brand prices less than FBR’ FED rate
ISLAMABAD: A multinational Tobacco company Philip Morris Pakistan Limited has reportedly fixed the retail price of one of its brands less than Federal Board...
Budget 2019-20: Salaried class to pay more taxes under PTI govt
Tax reliefs for salaried class introduced by the PML-N government have been withdrawn by the PTI led government in the latest budget.
PSX honours three Pakistani companies for inclusion in Forbes ‘Asia’s Best Under A Billion’ list
ISLAMABAD: The Pakistan Stock Exchange (PSX) held a gong ceremony on Monday to honour the achievements of three listed companies based in Pakistan that...
China’s factory activity falls faster than expected as recovery stumbles
China's factory activity shrank faster than expected in May on weakening demand, heaping pressure on policymakers to shore up a patchy economic recovery and...
‘Gas load shedding hampering Karachi’s export industry’
The owners of export-oriented businesses are facing adversity as they are unable to deliver their export orders due to gas load shedding and low...
Govt urged to clear the air surrounding Shabbar Zaidi’s appointment
ISLAMABAD:Â Islamabad Chamber of Commerce and Industry (ICCI) on Wednesday urged the government to take strong measures to reduce tax gap in order to realize...
Facebook’s cryptocurrency ambitions face privacy concerns, political backlash
SAN FRANCISCO/NEW YORK:Â Facebook Inc has announced ambitious plans to launch a new global cryptocurrency called Libra, part of an effort to expand into digital...
