High energy costs hampering Pakistan’s cement exports
'Increased govt levies are encouraging unscrupulous elements to import under-invoiced Iranian cement'
LAHORE: Pakistan has been losing a major share of its...
‘Govt focusing on diversification of export products’
Adviser to Prime Minister on Commerce Abdul Razak Dawood has said that the incumbent government is focusing on diversification of export products...
Trump says US economy ‘handcuffed’ by Fed
WASHINGTON:Â US President Donald Trump on Friday called on the Federal Reserve to lower interest rates by a full percentage point, saying the...
Govt formally suspends bilateral trade with India
ISLAMABAD: The federal cabinet, in its meeting held under the chair of Prime Minister Imran Khan on Friday, approved complete suspension of...
Brexit turmoil drives UK economy towards recession
LONDON:Â Britain's economy unexpectedly shrank in the second quarter of the year on Brexit turmoil, official data showed Friday, placing the country on...
FBR warns public against unregistered businessmen charging sales tax
The Federal Board of Revenue has revealed that the general public has reported complaints against the businessmen who are charging sales tax...
No gas connections for unregistered consumers: FBR
Federal Board of Revenue (FBR) Chairman Syed Shabbar Zaidi has sent letters to the managing directors of Sui Northern Gas Pipeline Limited...
Pakistan, Australia agree to enhance trade ties
ISLAMABAD:Â Commerce Secretary Sardar Ahmad Nawaz Sukhera said on Friday that bilateral trade between Pakistan and Australia couldn't achieve its potential and has...
Four banks fined Rs186m over non-compliance of AML laws
ISLAMABAD:Â The State bank of Pakistan, for the first time in its history, has imposed Rs186 million fine on four banks owing to...
Stock market takes a hammering again, index sheds 308 points
KARACHI:Â Continuing with the declining trend, the Pakistan Stock Exchange (PSX) ended the last session ahead of holidays also in the red.
The indices,...
Plastic exports surge 34pc in FY19
ISLAMABAD:Â The export of plastic material from the country witnessed an increase of 33.9pc during the financial year 2018-19, as against the exports...
PNSC, KPT, PQA struck off from privatisation list
ISLAMABAD: The Cabinet Committee on Privatisation (CCoP) on Thursday removed Pakistan National Shipping Corporation, Port Qasim Authority and Karachi Port Trust from...
No action against traders till Sept 30: FBR
Federal Board of Revenue (FBR) Chairman Shabbar Zaidi on Thursday held meetings with different groups of traders to discuss taxation-related issues.
"It has...
Govt forms authority to expedite CPEC projects
NDC approves constitution of National Coastal Development Authority for development of tourist resorts along Balochistan's coast
Council decides immediate completion of...
PM lauds P&G’s contribution, vows to improve business climate
ISLAMABAD:Â Prime Minister Imran Khan said on Thursday that Pakistan offered a large consumer market comprising 220 million people, an ideal geographical location,...