National exchequer bears the brunt of flawed tobacco taxation policies
ISLAMABAD: The national exchequer has incurred a loss of approximately Rs153 billion in terms of revenue collection during 2016-2019, owing to the introduction...
China to invest $1.3tr in BRI states by 2027
'China has entered into an era of geo-economic relationship with Pakistan and it plans to boost two-way trade from $12bn to...
Market reacts positively as Hafeez Sheikh takes charge of finance ministry
'IMF will be more comfortable in discussing the next loan programme with Hafeez Sheikh'
'The new advisor has made it clear...
SECP expunges AML/CFT reporting requirements
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) said on Friday that it has rescinded the Anti-Money Laundering and Countering Financing of...
Business community urged to invest in aviation industry
'Close liaison between private sector and aviation industry will go a long way in strengthening the defence of Pakistan'
ISLAMABAD: Former chief of...
PSX witnesses bullish trend, gains 480 points
KARACHI: After a slow start, the Pakistan Stock Exchange staged a massive rally to end the last trading session of the week in...
Food exports dip 2.4pc in nine months FY19
ISLAMABAD: The food exports from the country witnessed a negative growth of 2.4 per cent, as it went down to $3.34 billion during...
‘Completion of ML-I project will revolutionise Pakistan Railways’
ISLAMABAD: Pakistan and China will sign the preliminary design of ML-1 project during the upcoming visit of Prime Minister Imran Khan to Beijing.
This...
‘Promotion of women entrepreneurship imperative for Pakistan’s prosperity’
ISLAMABAD: Former State Bank of Pakistan governor and Karandaaz Board Chairperson Dr Shamshad Akhtar said on Thursday that promotion of women entrepreneurship is...
PIA owes Rs96bn to Civil Aviation Authority, PAC body told
ISLAMABAD: The Civil Aviation Authority (CAA) on Thursday informed a sub-committee of Public Accounts Committee (PAC) that the Pakistan International Airlines (PIA) owed...
President says skilled workforce necessary for CPEC projects
ISLAMABAD: President Dr Arif Alvi said on Thursday that the China Pakistan Economic Corridor (CPEC) framework has made Pakistan an important destination for...
FBR informs World Bank about recent tax reforms
ISLAMABAD: A meeting was held between the representatives of the Federal Board of Revenue (FBR) and World Bank on the tax reforms introduced...
Nestle cuts hundreds of Pakistan staff amid global restructure: Bloomberg
The company struggles with its slowest sales growth in 18 years
Nestle SA's Pakistan unit has cut eight per cent of its...
Economic uncertainty puts sale of 1,700cc and above cars in jeopardy
KARACHI: The sale of 1,700cc and above cars has dropped considerably after media reports that the government would withdraw its decision of imposing 10pc...
Seminar held to highlight, address plight of home-based workers
KARACHI: HomeNet Pakistan, with the support of Aurat Foundation and Sindh Labour and Human Resource Department, organised a seminar to highlight and address...