‘Govt committed to resolving sales tax refund issue on sustainable basis’

ISLAMABAD: Finance Minister Asad Umar on Wednesday held a meeting with a delegation of Pakistan Business Council (PBC). The PBC delegation discussed with...

‘Indiscriminate accountability to build conducive business environment’

ISLAMABAD: Special Assistant to the Prime Minister on Accountability Mirza Shehzad Akbar has said that the business community is the central plank...

Bakhtiar seeks sustainable partnerships with financial institutions, Chinese firms

Planning minister invites AIIB to explore partnership opportunities in Dasu and Mohmand Dam projects AIIB vows to support hydel energy...

‘Skill development in Pakistan among China’s top priorities’

ISLAMABAD: Special Assistant to the Prime Minister on Youth Affairs Usman Dar called on Ambassador of China to Pakistan Yao Jing to explore...

SECP asked to remove regulatory hurdles in financial services market

ISLAMABAD: The policy board has instructed the Securities and Exchange Commission of Pakistan (SECP) to consider a substantial reduction in fees in order...

Govt considering another ‘mini-budget’ in Jan 2019

Finance minister tells senators about proposals for increase in taxes, says govt could consider decreasing taxes instead Says financial aid received...

PSX remains dull despite positive economic indicators

KARACHI: After bloodshed for the most part of the day, Pakistan Stock Exchange (PSX) ended the session on Wednesday in red. Although indices...

Current account deficit grows 3.46% MoM to $1.255 billion in November

During July-November FY19, current account deficit nosedived 10.59% to $6.090 billion compared to $6.812 billion in the corresponding period of last year

Rupee devaluation fails to spur growth in exports, touch $9.120 billion in 5MFY19

Trade deficit for July-November FY19 fell to $14.51 billion or 2.0% from $14.81 billion in the corresponding period of last year

Pakistan spends an average 2.1% of GDP on infrastructure: Fitch Solutions

The research agency said that China’s Belt and Road Initiative (BRI) will keep playing an important role in spurring infrastructure development across Asia

Pakistan ‘unprepared’ for upcoming JCC meeting

ISLAMABAD: As the Pakistani delegation reached Beijing on Tuesday to attend the eighth meeting of the Joint Coordination Committee (JCC) on China-Pakistan Economic...

FPCCI lauds PM’s efforts to facilitate business community

ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Tuesday termed the decisions of the prime minister highly encouraging...

AG declares OGRA chairperson’s appointment as illegal

ISLAMABAD: After the disclosure of dual nationality of an Oil and Gas Regulatory Authority (OGRA) member, the auditor general has now declared the...

NEC approves risk assessment reports on terror financing, cash smuggling

ISLAMABAD: The high-powered National Executive Committee (NEC), which met on Tuesday, has approved the risk assessment reports on terror financing and cash smuggling,...

Gold prices shoot up to historic high at Rs67,800 per tola

Gold prices shot up to an all-time high of Rs67,800 per tola (11.66 grams) in Pakistan, taking cue from the uptrend in...