Pakistan’s next economic crisis

Suppose for a minute that you are a globally focused investment manager based in London or New York. If you have been...

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.

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Tax exemptions for individuals earning Rs400,000 to Rs1.2m per annum likely to be withdrawn ISLAMABAD: In an effort to increase the tax revenue...

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...

Dollar hits all time high of Rs160.73 against Pak rupee

The Pakistani Rupee (PKR) on Wednesday morning fell further in the early hours of trading at the interbank to another all-time low of Rs160/Rs161 against US Dollar (USD).

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...

‘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 equivalent The Eni's Kekra...

KLM officially launches KIA Sportage in Pakistan

Kia Sportage is Pakistan’s first locally-assembled all-wheel SUV with 100,000km or four years warranty LAHORE: KIA Lucky Motors (KLM) on Wednesday launched...

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...

Govt likely to lay off more than 30,000 employees before June 2020

ISLAMABAD: The government has been mulling to lay off more than 30,000 employees of some 20 state institutions before June 2020, apparently...

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....

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...

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...

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

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The spectacular decline of Hubco

It is not every day one can characterize a company that made Rs11.9 billion in profits last year as struggling, but there is no...

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PM orders strict action against food adulteration

ISLAMABAD: Prime Minister Imran Khan on Thursday directed the concerned officials to collect a complete data of adulteration in various basic commodities and medicines...