PM reviews progress on Naya Pakistan Housing Project
'Work on the construction of 25,000 housing units in Lahore and Islamabad to commence soon'
ISLAMABAD: Prime Minister Imran Khan was informed on...
ABAD lauds resumption of high-rise constructions in Karachi
SC had lifted its ban on high-rise construction on 11th Dec 2018; however, Sindh govt took more than one month to...
PSX recovers to end marginally positive
KARACHI:Â Investors of Pakistan Stock Exchange (PSX) witnessed a turbulent session on Friday where the indices after swinging in both directions ended day...
Govt formulating strategic trade policy to reduce cost of production
'The new policy will include measures for tariff rationalisation, development of manufacturing sector and facilitation of SMEs'
ISLAMABAD: The Ministry of Commerce was working...
PM orders progress report on CPEC projects
PM Khan instructs to form a CPEC Business Advisory Council to create an interface with the private sector
says development of...
‘WHT on cash withdrawal to be abolished for tax filers’
State Minister Hammad Azhar had assured KCCI of restoring final tax regime for commercial importers under the upcoming finance bill
KARACHI:Â State Minister...
PCJCCI seeks Chinese investment in industrial sector
Pak-China Joint Chamber of Commerce and Industry (PCJCCI) has planned to bring investment from China in the eight potential industrial sectors, including...
Gloomy forecast for Davos: crises aplenty, but few world leaders
The WEF’s own Global Risks Report set the tone this week with a stark warning of looming economic headwinds, in part because of geopolitical tensions among major powers
Germany, China pledge to deepen pragmatic financial cooperation
Trade between the two nations has softened amid uncertainty caused by the U.S. tariff dispute with China, but both have shown willingness to demonstrate that the world remains multilateral
Govt considering to scrap provision of automatic selection for audit of late filers
This is part of efforts to widen the tax net and officials at the tax regulator stated the government might revise the provision to include names of late filers of income tax returns in the Active Taxpayers List (ATL)
Import duties on mobile phones raised by 15%: Report
Also, a stipulation of Type Approval has also been enforced on the import of used mobile phones and according to KEDA President Muhammad Rizwan, this could result in government raising prices by as much as Rs20,000
Oil import bill grows by around 15% to $7.6 billion in July-December FY18-19
According to PBS data, imports from approximately all of the categories leaving agricultural and petroleum groups contracted in the first half of current FY18-19
Pakistan’s textile industry receiving higher import queries from US
According to the official, the current administration was working upon rationalizing subsidies for agricultural crops in hopes of enhancing cotton cultivation
Govt targets minimal current account gap by end of its tenure
The sources shared the finance ministry wanted to curb the current account deficit at about 0.2% of gross domestic product (GDP) by 2022-23
Nigerian envoy calls for more trade with Pakistan
The envoy said his country is blessed with oil & gas, minerals resources, agriculture products etc. and urged Pakistani exporters to strengthen bilateral trade relations for benefit of people of two countries