Sunday, December 21, 2025

Market Daily: PSX takes a breather, recovers 289 points

LAHORE: Sentiments at the Pakistan Stock Exchange (PSX) were weak again on Wednesday in absence of a positive trigger. Media reports quoted the Governor...

PIA cuts tariff to facilitate fruit & vegetable exports to Middle East

ISLAMABAD: In order to facilitate horticulture exports, Pakistan International Airline (PIA) on Thursday slashed its freight charges for the export of fruits and vegetables...

Budget 2019-20 will prove disastrous for middle-income groups: moot

Former BOI chief Haroon Sharif says budget is a clear reflection of Pakistan's policy priorities, devoid of a medium or long-term vision ISLAMABAD: The Federal...

FBR requests customs related budget proposals for FY 2018-19

ISLAMABAD: The Federal Board of Revenue (FBR) has requested all the stakeholders to send their customs-related budget proposals to the board by January 31,...

FPCCI laments lack of involvement in policymaking

Chamber president raises serious concerns over rising policy rate, increasing petroleum prices, declining foreign investments and falling exchange rate ISLAMABAD: The Federation of Pakistan Chambers...

KSE-100 remains flat amid volatile trading

KARACHI: The Pakistan Stock Exchange (PSX) remained flat after a volatile trading session on Monday. Foreign investors closed the previous week as net sellers with...

‘Nominated’ FBR chairman vows to repose people’s trust in taxation system

The prime minister-nominated chairman of Federal Board of Revenue (FBR) Shabbar Zaidi has said that the people had lost trust in the tax collection...

Rules being finalised for public-private partnership in five-million housing project

ISLAMABAD: The Ministry of Housing and Works is finalising rules for public-private partnership in the Naya Pakistan Housing Project which would be started through...

Senate body reviews finance bill, FBR proposals

ISLAMABAD: Senate's Standing Committee on Finance, Revenue and Economic Affairs on Monday reviewed the Finance Bill 2019 as well as the clauses proposed by Federal...

DRAP bars unlicenced companies from making sanitisers

The Drugs Regulatory Authority of Pakistan has said that the manufacturers with valid drug manufacturing licence (DML) or valid enlistment certificates (Form-6) with topical...

Pakistan first country to test 5G tech, says Anusha

ISLAMABAD - Minister of State for Information Technology and Telecommunication Anusha Rehman has said that Pakistan would become the first country in the world...

Business community laments ‘exorbitant’ surge in POL prices

'Increase in POL prices will further escalate the cost of industrial production and will spur inflationary trend which has already reached 9.4pc' ISLAMABAD: The Federation of...

PSMA rejects controversial tax concessions to CSCECL

KARACHI: The SRO issued to benefit the import material of China State Construction Engineering Corporation Limited (CSCECL) has been criticised by a number of people...

Audit unearths corruption worth billions in NHA projects

ISLAMABAD: A special audit conducted by the Auditor General of Pakistan (AGP) has unearthed corruption worth billions of rupees in the National Highway Authority...

Pakistan tightens control around Afghan Transit Trade; but why now?

Bans, processing fees, increased checks and bank guarantees slapped on Afghan imports