IMF wants China-US trade deal to address structural issues

WASHINGTON: Any trade deal between China and the United States should be a long-lasting one that is consistent with multilateralism and addresses structural...

Alibaba founder defends overtime work culture as ‘huge blessing’

'If you don't work 996 when you are young, when can you ever work 996?' SHANGHAI: Alibaba Group founder and billionaire Jack...

Abraaj founder, managing partner arrested on fraud charges

NEW YORK/LONDON: The chief executive and a managing partner of the collapsed Dubai private equity firm Abraaj Capital Ltd were arrested on the...

FPCCI laments lack of involvement in policymaking

Chamber president raises serious concerns over rising policy rate, increasing petroleum prices, declining foreign investments and falling exchange rate ISLAMABAD: The Federation of...

Dawood reviews EODB reforms, stresses close liaison between Centre, provinces

ISLAMABAD: Advisor to Prime Minister on Commerce Abdul Razak Dawood on Thursday chaired a high-level meeting to review the reforms undertaken by the...

FBR holds awareness session on recent tax reforms

ISLAMABAD: The Federal Board of Revenue held a session in Lahore for leading tax consultants, tax managers and businessmen in order to create...

Business community laments ‘exorbitant’ surge in POL prices

'Increase in POL prices will further escalate the cost of industrial production and will spur inflationary trend which has already reached 9.4pc' ISLAMABAD: The...

French business delegation to arrive in Pakistan on 8th

The delegation will comprise representatives of 20 leading French companies PESHAWAR: A delegation of 20 French companies, led by the MEDEF International,...

‘Flat tax scheme, rent control act to become reality soon’

ISLAMABAD: Ensuring the businessmen of Islamabad that a balanced rent control bill would be presented in the parliament soon, Minister of State for...

China’s Huawei sees little impact on sales from US broadside

SHENZHEN/HONG KONG: The US campaign against China’s Huawei is having little impact on the company's sales and it is unlikely many countries...

Saudi Aramco building global gas business to cut carbon footprint

DUBAI: Saudi Aramco, the world's biggest oil producer, was building an international gas business and converting more crude oil into chemicals in...

Uber buys rival Middle Eastern Careem for $3.1bn

Uber will pay $1.4bn in cash and $1.7bn in convertible notes in a deal that gives it full ownership of Careem ...

‘Issuance, payment of promissory notes expected next month’

FBR chairman says the system will take its own course if people fail to fulfill their tax obligations FAISALABAD: Federal Board of Revenue...

Structural reforms imperative to achieve 6.7pc growth by 2023: minister

Minister says the govt envisages bringing down the consumption level from 93pc to 83pc and lifting the savings from 10pc to...

No more raids on business premises: FBR chief

Dr Jehanzaib Khan says he will visit Karachi every month for two days in order to coordinate and interact with the...