CPEC will continue fueling growth of Pakistan’s construction industry over next decade: Fitch Solutions

Improved transparency regarding CPEC projects will aid Pakistan’s efforts in the renegotiation of an IMF bailout, which if sanctioned could provide its struggling economy with much required economic relief, said Fitch Solutions

Salaried class to suffer as govt mulls reversing income tax slabs

Tax exemptions for individuals earning Rs400,000 to Rs1.2m per annum likely to be withdrawnISLAMABAD: In an effort to increase the tax revenue in line...

Economic Survey 2017-18: People living below poverty line plunge to 24.3pc

The fall in poverty shows more prominence in urban areas than rural areas, reported the Economic Survey 2018.

Non-Filers not allowed to buy immovable property or cars, FBR clarifies

Federal Board of Revenue (FBR) has strongly refuted the news appearing in some sections of the press which states that the new finance bill...

Finance Minister inaugurates Rs 40,000 premium prize bond

Finance Minister Ishaq Dar has inaugurated the premium prize bond worth Rs 40,000 with features of monthly profit and prize of Rs 80 million...

‘Kekra in Pakistani waters among world’s three highly prospective wells’

Rystad Energy says Kekra well in Pakistani waters has pre-drill prospective resource estimates of 1.5bn barrels of oil or equivalentThe Eni's Kekra well for...

Govt plans visa on arrival for 55 countries to uplift tourism sector

Adviser to the Prime Minister for Commerce and Investment Abdul Razak Dawood said on Tuesday that Pakistan is considering allowing visa on arrival for...

Honda launches 10th generation Civic 2019 in Pakistan

Honda Atlas Cars Pakistan Limited (HACPL) has launched the eagerly-awaited Civic 2019 – 10th generation, in Pakistan.Following the values that created the identity of...

Cement prices to go up by Rs50 per bag

LAHORE: Cement manufacturers nationwide have decided to jack up cement price by Rs50 per bag after the hike in fuel prices recently. Sources familiar...

Naya minister, meet purani ministry

The minister is already inheriting the purani ministry and if he fails to come up with a strategy for raising revenue, he will be the same as the purana minister himself

Locally-assembled Changan vehicles to roll out in April

Master Motors CEO says the company has built a manufacturing plant in Karachi with a production capacity of 30,000 vehicles per annumISLAMABAD: Master Motor...

UK’s Sikh community pledges to inject £500m into Pakistan to promote religious tourism

Bukhari discussed religious tourism projects in Pakistan with the representatives of the Sikh community.

CPEC-funded Multan-Sukkur Motorway to be operational by August

Sukkur-Multan motorway has a design speed of 120km per hour, and it is a two-way six-lane road with a contractual value of $2.889bnISLAMABAD: The...

Rupee tumbles down to 157 against the dollar, record interbank high

The Pakistani Rupee depreciated to Rs153.75/Rs154 during the early trading hours in the interbank market here on Friday

PTA stopped from taking action against Mobilink, Telenor

ISLAMABAD: The Islamabad High Court (IHC) has stopped Pakistan Telecommunication Authority (PTA) from taking action against two mobile operating companies.The court has also sought a...

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Qatar to invest $22bn in Pakistan: report

Qatari Emir Sheikh Tamim bin Hamad Al-Thani will visit Pakistan on June 23 (Sunday), a private media house reported on Monday.According to details, Qatar...

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