Trade at Sost resumes as army intervenes, suspends WeBOC system

Bilateral trade was suspended since 85 days following traders’ protest against WeBOC system

Qatar’s tourism sector reeling under boycott pressure

Doha: A boycott imposed by four Arab nations that accuse Qatar of supporting terrorism is squeezing the tourism sector and Doha’s hotels,...

China’s property crisis leaves Country Garden with unpaid workers, silent sites

At an unfinished Country Garden (2007.HK) residential complex on the outskirts of the northern Chinese metropolis of Tianjin, construction has slowed to a...

Govt mulls borrowing Rs300bn to compensate for Rs1.2tr package

ISLAMABAD: The federal government is mulling to borrow Rs300 billion from different sources to meet expenses of the recently announced Rs1.2 trillion...

Govt prepares simplified tax scheme for property developers, builders

ISLAMABAD: The government has prepared a simplified tax scheme for property developers and builders, it emerged on Friday. According to the draft of the...

World Bank approves $1.9bn for Sindh projects

The World Bank has agreed to provide financial assistance of $1.93 billion to the Sindh government for various new projects, including the...

Timely completion of CPEC projects govt’s top priority: FM

Foreign Minister Shah Mahmood Qureshi has said timely completion of China-Pakistan Economic Corridor projects is among top priorities of the government. He was...

Govt defers its plan to impose tax on companies’ reserves in next year’s budget

The move could generate Rs 337 billion in tax revenue, as per the earlier proposal

Sindh govt approves two mega projects for Karachi

Projects include establishment of ‘Karachi Marble City’ and a state-of-the-art technology park in NED University KARACHI: Sindh government has approved two mega industrial...

KLM officially launches KIA Sportage in Pakistan

Kia Sportage is Pakistan’s first locally-assembled all-wheel SUV with 100,000km or four years warranty LAHORE: KIA Lucky Motors (KLM) on Wednesday launched...

Pakistan, KSA set to ink Aramco oil refinery deal: report

Pakistan and Saudi Arabia have finalised the memorandum of understanding (MoU) for the construction of the multi-billion-dollar Saudi Aramco oil refinery in...

FPCCI urges govt to decrease gas and power tariff for textile industry

Karachi: Vice President, Federation of Pakistan Chambers of Commerce and Industry, Saquib Fayyaz Magoon on Tuesday urged the Federal Government to bring...

Exports increase 25% to Rs1805 billion in first half

ISLAMABAD: The exports from the country, in rupee term, increased by 24.82 percent during the first half of the current fiscal year...

Trump’s decision to enhance trade relations with Pakistan lauded

'US can capitalise on Pakistan's vast pool of skilled human resource, a large agrarian base, tremendous tourism potential, diverse mineral wealth,...

‘Pakistan on track to fulfilling FATF conditions’

SBP governor says FATF and IMF are satisfied with Pakistan's reforms agenda