Facilitation of businesses imperative for economic growth: LCCI
'A change in the modes of payment will help increase the number of taxpayers'LAHORE: Lahore Chamber of Commerce and Industry President Almas Hyder has said...
PSX closes week on bearish note, sheds 400 points
Inflows of $1.6m during the week depicted muted foreign interest while average daily turnover stood at 125m, down 34.7pc WoW
Investors adviced to...
Bank lending for ‘real economy’ key to boost China growth: central bank official
China’s banks made the most new loans on record in January following a series of moves to boost lending as authorities try to prevent a sharp slowdown in the world’s second-largest economy
Global e-commerce sales will skyrocket to $3 trillion by 2022: Fitch Solutions
China is the largest e-commerce market globally with total e-commerce sales forecast at $834 billion in 2019 and projected to further rise to $1.24 trillion by 2022
Fed policymakers see one U.S. rate hike, or none, as growth slows
A weak retail sales report for December released this week was followed on Friday by a report showing manufacturing production posted its biggest decline in eight months in January
China to extend $3.5 billion in grant and loans: Report
Officials revealed Beijing has also pledged to an additional $1 billion for health, education, drinking water, vocational training and poverty alleviation projects over the next three years
China-U.S. trade talks ‘making a final sprint’: state media
U.S. duties on $200 billion in imports from China are set to rise to 25 percent from 10 percent if there is no deal by March 1 to address U.S. demands that China curb forced technology transfers and better enforce intellectual property rights
New aviation policy to be forwarded for approval to federal cabinet next month
The aviation secretary said the new policy would provide more facilities and procedures would be eased to attract more airlines to Pakistan
Withholding tax collection on profit from government securities nosedives 25%
During July-January of current FY19, the collection of withholding tax from banking deposits soared 221% and counterbalanced the fall in tax collection from profit on government securities
Pakistan gets ready to woo Saudi crown prince
Saudi Arabia is reportedly preparing to sign a record investment package with Pakistan, including a $10 billion refinery and oil complex for the strategic Gwadar Port on the Arabian Sea
Foreign minister urges German entities to benefit from Pakistan’s investor-friendly policies
The foreign minister appreciated the trade and investment relations and welcomed the entry of Volkswagen into the Pakistani market
Efforts underway for removing impediments in bilateral trade between Pakistan & Russia
The Russian ambassador to Pakistan said the country was initiating work on an offshore gas pipeline in Pakistan, which would enable in resolving energy issues in upcountry areas
Total external debt & liabilities soar to $99.1 billion by end of December 2018
During the first half (July-December) of FY19, the government procured $11.3 billion loans from several countries compared to $8.6 billion till the end of June last year
Pakistan to take another $1.4 billion loan to curb power sector arrears
Electricity shortages have eased in the last 12 months but years of mismanagement and funding shortfalls for subsidies have led to accumulated power sector payment arrears, or “circular debt”, soaring to 1.4 trillion rupees ($10.1 billion)
‘Pakistani graduates from China can play vital role in CPEC’
ISLAMABAD: Planning and Statistics Division Minister Makhdoom Khusro Bakhtiar has emphasised the need to maintain a database of Pakistani students and graduates from China in...
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Amazon does not have a Pakistan presence. These Pakistani entrepreneurs are...
The global e-commerce giant has ignored Pakistan, but many enterprising individuals and companies have found ways to use the platform to their advantage by getting around the legal hurdles
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Building and construction material exhibition fails to attract interest
LAHORE: The first two days of a three-day exhibition of building and construction materials held by The Institute of Architects of Pakistan (IAP) at Lahore’s...
