Too many travelers, too few planes is US airlines’ 737 MAX summer dilemma

CHICAGO: Normally US airlines compete to sell tickets and fill seats during the peak summer travel season. But operators of the grounded...

TEXPO attracts $600mn export orders

LAHORE: Pakistan's biggest textile exhibition at the government level, TEXPO-2019, has attracted $600 million trade through export orders by foreign buyers, claimed...

NFC suggested assigning collection of sales tax on goods to provinces

ISLAMABAD: In a move to harmonize tax system the National Finance Commission (NFC) has been suggested to assign collection of sales tax...

FATF asks Pakistan to document, regulate gold markets

The Financial Action Task Force (FATF) has asked Pakistan to track, document, and regulate all gold markets in a bid to crackdown...

 Tax amnesty scheme final chance to regulate properties, assets

ISLAMABAD: The upcoming tax amnesty scheme would be the last chance for tax-evaders to declare their properties and assets and avoid any legal...

Services trade deficit shrinks 36.54pc

ISLAMABAD: The country’s services trade deficit narrowed by 36.54 per cent during the first eight months of the current fiscal year compared to...

Financial inclusion for women stands at 9pc in Punjab: PCSW survey

ISLAMABAD: In Punjab only nine per cent of women have accounts at banks or other financial institutions whereas 24 per cent men have...

Govt working on strategy to streamline budget allocation for ministries

ISLAMABAD: The government has been working on a comprehensive strategy to streamline budget allocations for each ministry with an aim to reduce expenditure...

SECP issues fresh guidelines on anti money laundering, terror financing

ISLAMABAD: As Pakistan needs to meet conditions of the Financial Action Task Force (FATF) by June 2019, the Securities and Exchange Commission of...

China’s economic growth cools to 6.3pc: AFP poll

The world's second largest economy expanded by 6.3 per cent in the January to March period, the poll of 13 economists found...

Inflation reaches 9.41 per cent

ISLAMABAD: Inflation rate across the country increased to 9.41 per cent in March 2019, becoming a huge obstacle in obtaining a quality standard of...

Fashion industry leading to environmental pollution, says business leader

ISLAMABAD: The trend of fast fashion is growing globally which is polluting environment, spreading toxins in water and encouraging the use of...

Pak, China to sign FTA this month

BEIJING: The second phase of China-Pakistan free trade agreement (FTA) will be signed during Prime Minister Imran Khan’s forthcoming visit to China this...

Locally-assembled Changan vehicles to roll out in April

Master Motors CEO says the company has built a manufacturing plant in Karachi with a production capacity of 30,000 vehicles per...

ZTBL fails to publish financial statements for two straight years

ISLAMABAD: The federal government's policy to appoint foreign professionals on important positions is not yielding the desired results, as officials seem reluctant to...