IMF to visit Pakistan with $7.5bn package on 27 Sept
ISLAMABAD: After the ‘go ahead’ from the US Secretary of State Mike Pompeo, an International Monitory Fund (IMF) team is scheduled to...
Economic experts call for structural reforms in economy, taxation
ISLAMABAD:Â Economic experts on Thursday called for making structural reforms in the national economy in order to overcome the twin-deficit which includes the...
Karachi University inks MoU with SECP to encourage financial literacy
KARACHI:Â The Securities and Exchange Commission of Pakistan (SECP) and Karachi University (KU) Business School have signed a Memorandum of Understanding (MoU) at...
Senate body demands report from FBR over tobacco revenue shortfall
ISLAMABAD: A special committee of the Senate on the decline in tax collection from the tobacco industry has sought a report in...
Rs25.7bn allocated to textile sector under PM’s trade package
ISLAMABAD: The government has paid Rs25.7 billion to the textile sector under the first phase of Prime Minister’s Trade Enhancement Package which...
Competition commission penalises 7 companies for trademark infringement
ISLAMABAD:Â The Competition Commission of Pakistan (CCP) has imposed a penalty of Rs4.25 million on seven fabric and packaging companies for deceptive marketing...
Chinese company calls on Sheikh Rasheed, discusses railways projects
ISLAMABAD: China Harbour Engineering Company’s (CHEC’s) General Manager, Wang XiaoFeng Thursday called on the Minister for Railways Sheikh Rasheed Ahmad at the...
Drastic fall predicted in cotton production
KARACHI: The Cotton Crop Assessment Committee (CCAC) has revised cotton production estimates to 10.847 million bales of 170kg each for this season,...
China welcomes U.S. invite for trade talks, Asian markets relieved
The Trump administration had invited Chinese officials to restart trade talks, the White House’s top economic adviser said on Wednesday, news that gave a lift to Asian stocks, including Chinese shares and the yuan currency
PTC cautions its sales will be impacted, if govt restores two-tier tax system
According to the formal sector, the creation of the third-tier helped to dent illicit cigarette trade from 41.2 percent to 33.3 percent in a span of one year
Dams construction critical to avoid looming water and food crisis
Former Wapda Chairman expressed worries Pakistan may face drought if dams aren't build
Mini-budget to be announced next week, withdraw entitlements available to govt officers
A rise in regulatory and customs duties is amongst the recommendations which will allow 20 percent increase in the revenue collection for the government in its first year of power.
Company fined Rs2 million for smuggling cell phones
ISLAMABAD: The Collector, Customs Intelligence has imposed a penalty of Rs2 million to the foreign cellular phone company in the case smuggling...
Govt may review CPEC, FTAs if needed, says OICCI president
Pakistan currently attracts low FDI, which is less than one percent of its GDP against the norm of three percent in the regional countries
Govt mulls options to construct Diamer Bhasha dam to meet energy needs
Sharing details of a proposed plan regarding the formation of Diamer Bhasha dam Pvt Ltd Co., the sources said that it was proposed to market the shares of this company through Pakistan Stock Exchange (PSE) and approximately 52 percent shares of the company will be owned by the government and owners of remaining 48pc shares will be with the masses