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...
Motorbikes, three-wheelers’ sale up by 18pc
ISLAMABAD: Sale of motorbikes and three-wheelers in the country during the year 2017-18 increased by 18.32 per cent when compared to the...
Tahir Masood takes over as new Nespak MD
LAHORE: Engr. Dr Tahir Masood has taken over the charge of Managing Director/President of NESPAK, according to a recent notification issued by...
FBR calls for making most of tax amnesty, rules out extension
ISLAMABAD: Member Taxpayer Audit Federal Board of Revenue (FBR) Nausheen Javaid Amjad Tuesday called on the people to make an optimal use...
New rupee devaluation an economic risk: LCCI former chief
LAHORE: Terming the new rupee devaluation as economic risk, leading businessman and former President Lahore Chamber of Commerce and Industry (LCCI), Mian...
NAB may initiate inquiry against appointment of SECP chairman
KARACHI: The Chairman National Accountability Bureau (NAB) Javed Iqbal Tuesday included a matter of the appointment of the Chairman Securities and Exchange Commission of...
Govt appoints ‘tainted’ organisation to monitor ‘quality’ of auto sector
ISLAMABAD: Though the government has decided to dissolve the Engineering Development Board (EDB) for being a corrupt organisation and not performing any...
SECP concludes introduction of regulatory regime for valuers
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has concluded its efforts to introduce a regulatory regime for the registration and...
Urea prices increased for the third time this year
LAHORE: Yet another round of price escalation of urea has kicked off as fertiliser manufacturers have increased urea prices by Rs50 per...
SBP directs banks to obtain 100pc cash margins on commodity imports
KARACHI: The State Bank of Pakistan (SBP) on Monday directed all banks to obtain 100 per cent cash margins on the import...
Byco commissions country’s largest isomerisation plant
KARACHI: Byco's wholly owned subsidiary, Byco Isomerisation Pakistan (Private) Limited has commissioned the country's largest isomerisation plant.
Byco has employed a superior technology...
Independent directors’ databank gets operational
ISLAMABAD: The databank of independent directors maintained by the Pakistan Institute of Corporate Governance (PICG) has become operational.
Independent directors are generally seen...
Shaheen Air to continue operations as court stops CAA from suspending its services
KARACHI: The Sindh High Court (SHC) Monday directed the Civil Aviation Authority (CAA) not to suspend operations of Shaheen Airline International (SAI) from today...