Nikkei Asian Review dubs CPEC as Chinese debt trap
GWADAR: Pakistan’s trade deficit with China has been rising, and there are concerns about what happens if it is unable to repay...
Yet another power tariff increase in the works
ISLAMABAD:Â After a respite of several months, electricity consumers are now bracing for another tariff increase on account of fuel cost adjustment for...
Rupee depreciation pushes steel prices by 20% up since year-end
KARACHI:Â Prices of different forms of steel in the country have started increasing as industry players shift the impact on to buyers following...
State Bank proposes landmark policy to promote low-cost housing finance
KARACHI: The State Bank of Pakistan (SBP), after consultation with relevant stakeholders, has developed a draft policy for the promotion of low-cost...
India siding with US on trade against China a risky game: Global Times
BEIJING: India has shown signs of moving toward the position of US President Donald Trump by adopting protectionist measures against China, possibly...
PTCL group’s revenue grows 4pc to Rs60.7bn
KARACHI: Pakistan Telecommunication Company Limited (PTCL) has announced its financial results for the mid-year ended June 30, 2018, and an interim dividend...
Manufacturers raise steel prices for fourth time this year
LAHORE: The steel sector once again has raised prices by 8 per cent, which is the fourth of its kind since February...
SECP employees donate one day’s salary for dams
ISLAMABAD: The employees of the Securities and Exchange Commission of Pakistan (SECP) are donating one day’s salary to the great national cause...
Businessmen urged to take advantage of tax amnesty before it ends
ISLAMABAD: The top management from the Large Taxpayer Unit (LTU) Islamabad Wednesday briefed businessmen and potential taxpayers about the benefits and procedures...
Rs.70 power price hike proposed by power companies
ISLAMABAD: Power companies all across the country have proposed a hike of Rs.70 per unit in electricity prices, under fuel adjustment charges...
Paper merchants demand duty-free import of paper, paperboards
LAHORE: The All Pakistan Paper Merchants Association (APPMA) Wednesday urged the government to reduce import duty on paper and paperboard.
"The government should...
Market Daily: KSE-100 gains 964.92 points, market sentiments turn green
The KSE 100 touched an intraday high of 40,968.69 after gathering 964.92 points the index finally ended the day at 40,897.90.
China leads in tepid FDI inflows with UK distant second
Chinese share in FDA a sizable 57%; power and construction sectors major attractions
KARACHI:Â Though the foreign direct investment (FDI) inflows remained tepid at...
Govt likely to impose additional 3pc duty on more than 1000 items
The former government had revised RD on dozens of imported items in December 2017 to meet the revenue target
Dollar rises to 128.75 as Rupee devaluation persists
KARACHI: The devaluation of the local currency against the US dollar continued in the interbank market on Tuesday as the greenback soared...