ADB to provide $140mn for KP roads improvement project
ISLAMABAD: Economic Affairs Division and Asian Development Bank (ADB) here on Wednesday signed a loan agreement for the provision of $140 million for Khyber...
PM directs banks to simplify application process for housing loans
ISLAMABAD: Prime Minister Imran Khan on Thursday instructed commercial banks to simplify the application process for house building loans in order to facilitate low...
As the LHC strikes down tax on property, ‘plot’ business may see resurgence Â
New law mandated that every property owner would have to pay tax equivalent to 1% of market value of property to federal govt
ICCI urges FBR to stop harassment of builders and developers
ISLAMABAD: President Islamabad Chamber of Commerce and Industry (ICC), Sheikh Amir Waheed has urged the Federal Board of Revenue (FBR) to stop harassing builders...
SECP has not provided evidence of alleged corruption in Multan Metro Bus project
KARACHI:Â Chairman Senate Standing Committee has asked the office of Securities and Exchange Commission of Pakistan (SECP) to provide the evidence regarding sufficient banking information...
Business community can enable Pakistan to become an economic giant: Mayor Lahore
LAHORE:Â Mayor Lahore Col (R) Mubashir Javed said on Tuesday that the business community has the ability to turn Pakistan into an economic giant.
He was...
NAB increases scrutiny, seeks proper documentation for major agreements
ISLAMABAD:Â The National Accountability Bureau (NAB) has asked the central and provincial governments to submit documents worth more than $28 billion of agreements including LNG...
Contract inked for 660MW power production of JCFPP
ISLAMABAD: An Engineering, Procurement, and Construction (EPC) contract for the first unit with a capacity of 660MW (out of two units of 660MW each), and five years...
What has Pakistan Cables been up to?
Despite difficulties, the company has been slugging away and staying on track for their expansion plans
Cement despatches grow by 5.10 per cent
Despite the disruption caused by the General Elections, the sector posted 5.10 per cent growth in July.
FBR details new tax rules for builders and developers
Tax body makes amendments to the Income Tax Ordinance 2001; new guidelines aim to enhance tax collection from the real estate sectorÂ
Selling is easy, recovery a huge challenge
“Construction is a vast sector and in terms of products produce and segments that we operate in, we are the leaders in terms of...
SHC summons Revenue officials in case against land allocation
According to details, the officials of District Administration Mirpurkhas during the hearing pleaded the court to vacate the June, 2017, stay against Shaheed Mohtarma Benazir Bhutto Township.
Malakand tunnel project to be allocated more funds
ISLAMABAD: National Highway Authority (NHA) is in process of arranging an additional $85 million for the Malakand tunnel project as now it has been...
ECC decision on housing finance to be approved by Cabinet today
ISLAMABAD: The federal cabinet, scheduled to meet today (Tuesday) with Prime Minister Imran Khan will endorse the Economic Coordination Committee’s (ECC) decision on housing...
