KSE-100 slides 369 points amid lacklustre trading
ISLAMABAD: The Pakistan Stock Exchange (PSX) ended the first trading session of the week on a negative note, as the indices bled...
UK private sector contracts again, but outlook improves: CBI
LONDON: British business activity, which has been buffeted by the country’s Brexit crisis, fell again in the three months to July but...
Thai king exempted from tax on some land properties
BANGKOK: Thailand’s King Maha Vajiralongkorn will be exempt from tax on some of his land property, according to a government announcement.
The king,...
Customs Intelligence registers FIR against China Pakistan Tobacco for tax evasion
ISLAMABAD: Customs Intelligence has registered an FIR against the China Pakistan Tobacco Ltd, an industrial concern located in Export Processing Zone (EPZ),...
Govt plans to bring down circular debt to Rs225bn by December
ISLAMABAD:The incumbent government has embarked on an ambitious programme to cut down circular debt to Rs225 billion by December after it escalated...
OGRA issues 98 permits to streamline LPG supply Â
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has issued around 98 different permits to streamline matters related to the Liquefied Petroleum...
China will pursue forex reserves diversification in prudent way
BEIJING: China will pursue the diversification of its foreign exchange reserves in a steady, prudent way, the country’s foreign exchange regulator said...
Cotton sowing increases by 14pc YoY
ISLAMABAD: The cultivation of cotton during the current sowing season has witnessed 14 per cent growth as compared to the corresponding period...
Increasing gas prices damaging economy, says PEW
ISLAMABAD: The Pakistan Economy Watch (PEW) on Sunday said faster than expected rise in the prices of locally-produced and imported gas is...
FBR to send notices to 100,000 non-filers, say FBR Chairman
ISLAMABAD: Federal Board of Revenue Chairman Shabbar Zaidi said on Sunday that the board will send notices to around 100,000 non-filers who...
South African land reform panel recommends seizures without pay in certain circumstances
JOHANNESBURG: An advisory report on land reform in South Africa has recommended changing the constitution to allow the government to seize land...
China FX regulator to relax exchange rules for commodities futures market
BEIJING: China’s foreign exchange regulator said on Sunday it will relax currency exchange approval rules for the commodities futures market.
China will also...
Saudi Arabia to start next phase of flour mill privatization
DUBAI: Saudi Arabia’s state grain buyer SAGO said it will start the next phase of the sale of its flour mills on...
Beijing says millions of tonnes of US soy shipped to China in trade consensus
BEIJING: The United States has shipped several million tonnes of soybeans to China since the two countries’ leaders met in June, Chinese...
Pakistan raises $500 million through Islamic syndicated loan
DUBAI: The government of Pakistan has raised $500 million through an Islamic syndicated loan provided by a consortium of 12 banks, it...