‘Govt to amend SEZ Act to promote industrialisation, attract FDI’
Razak Dawood says amendments will help ensure provision of quality services to investors
Govt mulls imposing luxury tax on ICT houses
ISLAMABAD: The federal government is considering imposing a luxury tax on houses located within the limits of Islamabad Capital Territory (ICT).
According to...
PM-made think tank to focus on three priority areas
--Body mulls 'digital account scheme' for overseas Pakistanis
ISLAMABAD: Limiting the scope of work for the Prime Minister-formed Think Tank, the government on...
Pakistan’s food security under threat as locusts devour crops, livelihoods
--Locust attacks likely to cause Rs800bn loss to country's agriculture produce this year
--Farmers seek govt's help as they fear long-term food shortage
LAHORE:...
CMAP suggests measures to generate Rs260bn annual revenue from tobacco industry
LAHORE: As Pakistan continues to lose billions of rupees every year due to illicit tobacco trade, the high-handedness of multinational companies and...
FDI surges 127pc to $2.28bn in 10 months
ISLAMABAD: Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood said on Tuesday that the country had witnessed net Foreign...
Hong Kong tensions rattle world stock markets, oil tumbles
Oil prices tumbled and global equity markets fell on Friday as China's move to impose a new security law on Hong Kong...
PTI govt urged not to impose taxes on local tobacco industry
ISLAMABAD: Tobacco farmers and industrial workers have demanded the Pakistan Tehreek-e-Insaf (PTI) government not to impose heavy taxes on local industry, saying...
Nissan considering 20,000 job cuts amid Covid-19
TOKYO: Nissan Motor is considering cutting 20,000 jobs from its global workforce, focusing on Europe and developing countries, Kyodo news reported on...
Wall Street ends mixed as China-US tensions weigh
Wall Street ended mixed on Friday in a mostly tame finish to a week of strong gains, as investors gauged China-US tensions...
American billionaires see wealth balloon $434 billion amid Covid-19
Washington: The fortunes of US billionaires rose 15 percent in the two months since the coronavirus pandemic hit, a study found, with...
Negative pricing seen spreading from oil to gas
LONDON: Almost a month after US crude oil prices collapsed into negative territory for the first time, European gas markets are facing...
PSMA rejects sugar inquiry report, doubts commission’s intent
Chairman says report only shows 'technical and accounting incompetence' of commission members
Weekly inflation up 0.66pc
ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation for the week ended on May 21 witnessed an increase of 0.66 per cent,...
Business community irked over six-day closure of banksÂ
ISLAMABAD: At a time when the lockdown had eased after two months and business activities had picked up sharply with the advent...