Dr Shamshad for improving quality of local products to decrease imports
ISLAMABAD: Caretaker Finance Minister Friday said that improving the quality of local products at par with international standards was imperative to discourage imports into...
First ‘Weaving City’ to be set up at M-3 Industrial Estate
FAISALABAD: The first 'Weaving City' will be established on 100 acres of land at M-3 Industrial Estate to help organise the power...
Market Daily: KSE-100 adds 2.37 per cent WoW, down 574 points
The KSE 100 index appreciated by 2.37 per cent from last week. The index touched an intraday low of 41,162.84 and finally settled at 41,224.75 after losing 573.84 points.
Appointment of legal advisors: SECP achieves 85pc complianceÂ
ISLAMABAD: The Securities and Exchange Commission of Pakistan's (SECP’s) effective initiatives and measures have resulted in an 85 per cent compliance with...
Currency crisis tops agenda for whoever wins Pakistan election
The IMF applied the kid-glove treatment to Pakistan in 2013 and allowed it to skip many painful reforms. But analysts say Islamabad is unlikely to get such leniency again after falling out with the United States, a key voice at the IMF
Vopak acquires 29 percent stake in ETPL for $38 million
Elengy Terminal Pakistan Limited (ETPL) was incorporated in 2012 and is based in Karachi and it operates as a subsidiary of Engro Corporation Limited.
Pepco commences investigation into IESCO scam
As per the documents, the auditors during their investigation of IESCO’s records uncovered misappropriation of Rs53.9 million dues to unneeded expenditures on the construction of a duct line
Pakistan’s economy size rose to $313.13 billion in FY18
However, the size of the country’s economy in terms of dollars fell as the rupee nosedived against the greenback in four rounds of devaluation since December 2017, with a 5.8 percent growth rate falling to 2.7 percent
Pakistan obtained record loans of $11.4 billion during FY18
Loans obtained during FY18 of $11.4 billion were 48 percent or 3.7 percent higher than its government own projection put before parliament in June last year
World sugar exporters ask Pakistan, India & EU to cut subsidies
Global Sugar Alliance Members have identified export subsidies and domestic price supports in excess of WTO allowances and are urging our governments to take all necessary steps to ensure (that) Pakistan and India comply with WTO rules
FBR initiates tax evasion enquiry against stationery businesses
The stationery industry availed zero-rate sales as input on ending stocks by June 30th, which was subject to zero-rate sales tax on output for later supplies, said the official
UBL issues clarification against its president being placed on ECL
KARACHI: Recently, a false impression has been created in certain sections of the media that the President and CEO of UBL has...
CCP seeks comments of stakeholders, public on road construction sector
ISLAMABAD:Â The Competition Commission of Pakistan (CCP) has conducted a detailed study to assess competition issues in the road construction sector in Pakistan,...
DG Passports assures to streamline passport process for business community
ISLAMABAD: A delegation of the Islamabad Chamber of Commerce and Industry (ICCI) led by its President Sheikh Amir Waheed visited the Directorate...
Foreign reserves plunge to four-year low after 4.4 per cent drop
Foreign currency reserves held by SBP were recorded at $9,063.6 million, down $415.9 million