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
South Korea to import more Pakistani workforce
South Korea had also shown keen interest to invest in Pakistan Railways to further improve its capacity
Miftah Ismail lambasts govt’s economic policies Â
Agitated over the current economic condition of the country, former finance minister Mian Miftah Ismail on Thursday took to Twitter and lambasted the...
‘Pakistanis spent 515 hours without electricity in FY2016-17’
NEPRA report says as many as I65 incidents of power outages occurred during the period with a financial impact of Rs2.5m per incident
ISLAMABAD:Â The...
‘Pakistan’s economic confidence falls despite strong sentiment in region’
ACCA report finds Pakistan’s economy to be among the lowest in South Asia as it continues to struggle with macroeconomic imbalances
The...
Shutdown is starting to hurt Trump’s financial deregulation agenda
WASHINGTON: The US government shutdown over President Donald Trump’s call for Congress to fund a wall he promised to build on the US...
Finance ministry refutes news regarding less transfers made to Sindh
ISLAMABAD:Â The Ministry of Finance on Thursday refuted news reports/statements which claimed that the federal government has made less transfers to the province...