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...

FBR sets minimum profit rates for builders and developers in new tax scheme

Taxable profits are set at fixed rates of 10%, 15%, and 12% for different categories of construction sector

CPIC Global signs deal for two mega residential, commercial projects in Gwadar

'The dream of a Gwadar becoming a key economic hub of Asia is not far away now' ISLAMABAD: CPIC Global on Wednesday signed...

What has Pakistan Cables been up to?

Despite difficulties, the company has been slugging away and staying on track for their expansion plans

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 sector 

AirSial ready for takeoff, gets go-ahead from PM Imran

Prime Minister Imran Khan on Friday granted approval for the launch of a new private airline, AirSial, from Sialkot International Airport.

PAC, PEC at loggerhead on issuance of illegal license to foreign firms

PAC two months back had asked PEC to provide information about the number of licenses issued to foreign firms for execution of construction projects

As the LHC strikes down tax on property, ‘plot’ business may see resurgence  

New law mandated that every property owner would have to pay tax equivalent to 1% of market value of property to federal govt

Cement despatches decline by 24.19% during March

ISLAMABAD: Cement despatches declined by 24.19% in March, 2023. Total cement shipments during March this year were 3.795 million tons against 5.006...

Business community can enable Pakistan to become an economic giant: Mayor Lahore

LAHORE: Mayor Lahore Col (R) Mubashir Javed said on Tuesday that the business community has the ability to turn Pakistan into an economic...

Has CPEC hit a major roadblock?

China’s infrastructure building spree across the nation seems to have been halted due to Pakistan’s inability to pay its loans

KP CM directs land acquisition for oil refinery in Karak

PESHAWAR: KP Chief Minister (CM) Pervez Khattak has directed the district administration Karak for the acquisition of land for the oil refinery...

China to provide assistance for PIA, aviation industry

ISLAMABAD: Pakistan and China have mutually agreed on extending their bilateral relations and to work collectively for the betterment of Pakistan International...

NAB increases scrutiny, seeks proper documentation for major agreements

ISLAMABAD: The National Accountability Bureau (NAB) has asked the central and provincial governments to submit documents worth more than $28 billion of agreements...

‘Lotte Chemical’ shows interest in Pakistan’s chemical manufacturing industry

Pakistan Chemical Manufacturers Association (PCMA) Monday urged the forthcoming government to include the chemical industry in its first 100 days plan and...