Virgin Hyperloop hosts first human ride on new transport system

SEATTLE: Richard Branson’s Virgin Hyperloop has completed the world’s first passenger ride on a super high-speed levitating pod system, the company said...
Govt grapples with dollar crunch to buy oil amidst pending syndicated financing

Currency dealers hold back on dollar sales

Currency dealers are buying dollars in the range of Rs 275-280 but are not willing to sell 

LHC sets aside FBR’s suo motu powers to collect sales tax

'FBR cannot collect sales tax from any businessperson without registering him/her' LAHORE: The Lahore High Court (LHC) has set aside the suo moto...

India’s richest man to take on Amazon, Walmart in e-commerce

Asia’s richest man Mukesh Ambani announced details of a new online shopping platform Friday that will see his oil-to-telecoms conglomerate take on...

APTMA invites Primark to open office in Pakistan

LAHORE: The All Pakistan Textile Mills Association (APTMA) has invited Primark, an international fashion retailer, to open offices in Pakistan.  A delegation of...

FPCCI vows to support govt in drive against tax evaders

ISLAMABAD: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) on Monday vowed to fully support the government in its crackdown on...

Govt decides to form Pak-China Business Forum

Planning Minister Makhdoom Khusro Bakhtiar revealed on Saturday that the government has decided to form a 'Pak-China Business Council', adding that names...

DRAP allows AGP Limited to import Russian coronavirus vaccine

KARACHI: The Drug Regulatory Authority of Pakistan (DRAP) has authorised AGP Limited, a Pakistani pharmaceutical company, to import and introduce Russian coronavirus vaccine,...

Govt urged to take stakeholders on board for EDI protocols

-- Council suggests comprehensive review of import valuations to stem misuse and under-invoicing Pakistan Business Council (PBC) has urged the government that protocols...

Chinese company to invest $20m in Pakistan’s services sector

Timesaco will launch a taxi service 'Buraq', delivery service 'Fema' and freight service 'Cargo+' ISLAMABAD: Chinese investors have worked out a comprehensive business...

PTEA demands immediate resdressal of export-related challenges

'Stuck-up liquidity in refund regime, non-availability of subsidy on energy supplies and imposition of taxes on raw materials have adversely impacted...

KSE 100 jumps 1,055.41pts, anticipates Pakistan’s greylist removal

The KSE 100 index has gained 1,055.41 points in the very first hour of the trading session here on Wednesday

Traders announce to hold four countrywide strikes in Aug

LAHORE: All Pakistan Anjuman-e-Tajran (APAT) on Wednesday announced to hold four countrywide strikes against the imposition of new taxes by the government. In the...

Business community presents joint proposals on budget 2019-20

'Foreign investment should only be allowed as a joint venture or as a public-listed company so that local investors could also...

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...