IMF approves $6bn package for Pakistan
–IMF will review Pakistan’s performance quarterly over 39 months, phasing release of the additional aid over time
–Spokesperson says Fund has released $1bn...
Govt to launch national tourism promotion app
ISLAMABAD: The Pakistan Tourism Development Corporation (PTDC) would launch a national tourism promotion application to provide the necessary and latest information to...
FBR initiates proceedings against undeclared benami assets
--‘Rs70bn collected through Assets Declaration Scheme’
The Federal Board of Revenue (FBR) has initiated proceedings against those who failed to declare their benami...
Sindh E&T dept lauded for achieving tax targets
KARACHI: Sindh Minister for Excise, Taxation & Narcotics Control and Parliamentary Affairs Mukesh Kumar Chawla on Wednesday lauded the Sindh Excise and...
Fertiliser prices won’t be increased, Dawood says
ISLAMABAD: Adviser to Prime Minister on Commerce Abdul Razak Dawood said on Wednesday that the prices of fertiliser would not be increased...
‘IMF deal to open int’l markets for Pakistan’
ISLAMABAD: Minister of State for Revenue Muhammad Hammad Azhar said on Wednesday that the doors of the international market would open up...
Stocks extend rally, KSE-100 closes 589 points higher
KARACHI: Stocks continued to rally for the third consecutive session on Thursday, as the indices followed the upward trajectory amid improved market...
Govt released Rs638.9bn for development projects in FY19
ISLAMABAD: The federal government released Rs638.9 billion for various ongoing and new social sector uplift projects under its Public Sector Development Programme...
Over 95,000 people availed Assets Declaration Scheme so far: Shabbar Zaidi
--‘Purpose of this scheme is not revenue generation; rather it focuses on documentation of economy’
ISLAMABAD: More than 95,000 people have registered their...
PSX gains 310 points amid improved market sentiment
KARACHI: The Pakistan Stock Exchange (PSX) managed to end the session on Tuesday with decent gains, as the indices traded in the...
Pakistan’s crude oil production increases 12.8pc, imports fall 15.38pc
ISLAMABAD:Â The country's domestic production of crude oil increased by around 12.8pc during the first nine months (July-March) of the fiscal year 2018-19.
According...
PSX ends in green amid range-bound trading
KARACHI:Â The Pakistan Stock Exchange witnessed a slow start to the trading week, as the indices remained range-bound while volumes remained thin. Foreign...
Govt extends amnesty scheme by 3 days
ISLAMABAD:Â A day after Federal Board of Revenue (FBR) Chairman Shabbar Zaidi rejected speculation in the media that any extension would be given...
China’s factory activity shrinks as US tariffs, slowdown hit orders
BEIJING: China’s factory activity shrank more than expected in June, an official manufacturing survey showed, highlighting the need for more economic stimulus...
Japan to tighten export rules for high-tech materials to South Korea
TOKYO: Japan plans to tighten restrictions on the export of high-tech material used in smartphones and chips to South Korea from July...