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
FBR deprives hundreds of overseas Pakistanis from availing tax amnesty scheme
A circular issued by the FBR on October 24th effectively deprives those overseas Pakistani's from availing the benefits of the tax amnesty scheme who had declared their foreign assets worth Rs155 billion
Government after gap of 1.5 years reinstates DGII powers to probe tax dodgers
In a judgement of the Lahore High Court (LHC) in July 2017, the statutory regulatory order (SRO) 116, which permitted the DGII to carry out an investigation into sales tax evasion was declared unlawful
Govt mulling to impose regulatory duty on unregistered mobile phones
It has been projected the imports of illegal phones in the country cause roughly $1.5 billion in revenue losses to the public exchequer on a yearly basis
Atlas Autos to invest $20m in DID assembly plant
With the new DID assembly plant, Honda bikes will further be localized and will help in reducing the country’s mounting import bill