Legit manufacturers demand govt to restrict sale of illicit cigarettes
Most of these illicit cigarettes having approximately 35% market share are produced in Azad Kashmir and Khyber-Pakhtunkhwa claimed the stakeholders
FBR’s revenue collection rises 6.7% YoY, misses target by Rs100 billion for July-October FY19
Tax receipts for the month were recorded at Rs273 billion, which was 1.1% or Rs3 billion higher than in the same month last year (SMLY)
Govt increases petrol price by Rs5 per litre
ISLAMABAD: The government has raised the prices of petrol by Rs5 per litre, it was learnt on Wednesday.
The price of diesel has raised...
Pakistan says court lacks authority to impose $846m award over Karkey project
The tribunal initially ordered Pakistan to pay $501 million, however, due to nonpayment and accumulation of interest, the total has grown to nearly $846 million
Pakistan jumps 11 places to 136th in WB ease of doing business index 2019
Pakistan has improved business climate for SMEs
Euro zone bond yields nudge up, flash inflation looms
French consumer prices rose 2.5 percent in October, just shy of the highest inflation level since March 2012, data on Wednesday showed
China factory growth weakest in over two years, slump in export orders deepens
The official PMI - which gives global investors their first look at business conditions in China at the start of the last quarter of the year - fell to 50.2 in October, the lowest since July 2016 and down from 50.8 in September
Decrease in off-net call rates for CMOs still remains unimplemented
Initially, PTA had come forth to offer an MTR rate of Rs0.80 per minute starting December 1st, 2017 to November 30th, 2018 and Rs0.70 per minute from December 2018
PC aiming to recover Rs4b from defaulters of SOEs buyers
The dues amounting to Rs4 billion are outstanding for fourteen privatisation transactions respectively
FATF ‘grey listing’ to have limited impact on Pakistan’s economy: EIU
EIU believes diplomatic support for Pakistan is not as rosy compared to the previous instance it was placed on FATF’s grey list and projected much stricter monitoring this time
SBP issues guidelines for sugar exporters
KARACHI: The State Bank of Pakistan has directed all the authorised dealers (ADs) of sugar to comply with the Ministry of Commerce...
Pakistan seeks EU’s support for economic prosperity
Law minister says there are certain NGOs that are only wasting the money of the west and are not helping in...
Anti-Money Laundering 101: What businesses need to know
Earlier this year, Pakistan was put on the grey list of the international watchdog against money laundering and financing of terrorism -...
Asad Umar defends move to approach friendly countries, IMF for financial assistance
Mr Umar rebuffed the impression that the government’s vacillation on the IMF programme had spawned the stock market crash and told the house that the KSE-100 benchmark index had nosedived by 15,000 points even when the previous PML-N administration was in power
Saudi bailout package came with no strings attached: Foreign Minister
While talking about the economic problems plaguing Pakistan, the foreign minister called for evolving a charter of economy based on a national consensus to take the country out of existing economic crisis