Business community hails tax amnesty scheme, calls for extension till Dec

Govt urged to follow the amnesty model of Indonesia, as it brought around 745,000 people into the tax net and recovered...

RCCI to hold ‘gems & jewellery exhibition’ on 23rd

RAWALPINDI: Rawalpindi Chamber of Commerce and Industry President Malik Shahid Saleem said on Tuesday that the chamber would organise a three-day 'gems...

Trade bodies join hands against govt’s economic policies

LAHORE: Pakistan's major trade organizations have joined hands against the governments' economic policies, with the Qaumi Tajir Ittehad (QTI) announcing its full...

EU, US warn Malaysia of security risk in Huawei’s bid for 5G role – FT

The European Union and U.S. have warned Malaysia over risks to national security and foreign investment as it finalises a review of...

KPMG to cut 5% of US jobs in fresh round of layoffs

KPMG is laying off 5% of its U.S. employees after feeling the pinch of "economic headwinds, coupled with historically low attrition," a...

Coal Power helps Pakistan cut power tariff by Rs10 per unit 

These projects also have helped Pakistan reduce its heavy dependence on gas and LNG power plants, which account for 50 per cent of total installed capacity.

BMP sees ‘tough competition’ in upcoming FPCCI election

KARACHI: The elections of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) for the year 2020 would be held on December 27,...

PM’s aide assures business community of level-playing field

LAHORE: Advisor to Prime Minister on Commerce Abdul Razzak Dawood has said that the government is introducing reforms to encourage the business community...

SCCI backs traders’ call for strike against ‘unfair taxation’

PESHAWAR: The Executive Committee of Sarhad Chamber of Commerce and Industry (SCCI) has announced complete support to the traders’ strike against the...

Pakistan, Saudi Arabia to sign MoUs on drug control, renewable energy: FO

ISLAMABAD: Pakistan and Saudi Arabia are set to sign various Memorandums of Understanding (MoUs) to enhance bilateral cooperation in the fields of...

IMF’s $3bn tranche to Argentina on hold as talks go on

The local peso currency has lost more than half its value against the US dollar this year as concerns swirled over the government’s ability to pay its debt obligations next year.

SECP defers applicability of IFRS 9

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has deferred the applicability of the International Financial Reporting Standard (IFRS) 9 "Financial Instruments"...

ICCI demands new industrial estate in Islamabad

ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) has asked the government to earmark an area in the Islamabad Capital Territory...

On eve of bankruptcy, US firms shower execs with bonuses

Nearly a third of more than 40 large companies seeking US bankruptcy protection during the coronavirus pandemic awarded bonuses to executives within...

WhatsApp starts payments service in India

The US-based messaging service WhatsApp on Friday said it had started its payments service in India, through which people can send money...