FBR disappointed over dull response from amnesty scheme

LAHORE: The Federal Board of Revenue (FBR) Chairperson Rukhsana Yasmin on Monday said that the response to the amnesty scheme announced at...

Market Daily: KSE 100 falls 605 points falling below 40k mark

LAHORE: In the aftermath of central bank increasing its policy rate ahead of a tense national vote to 7.5 per cent from...

FBR briefs Sialkot business community on tax amnesty

SIALKOT: The Federal Board of Revenue (FBR) Member Facilitation and Taxpayer Education (FATE) Lubna Farrukh Mirza visited Sialkot to hold a meeting...

Malaysia keen to partner in different sectors with Pakistan: Consul general

KARACHI: Malaysia sees the China-Pakistan Economic Corridor as a big opportunity for the South Asian region, especially for Pakistan. "We can partner with Pakistan in potential...

PKR–US$ exchange rate adjusts in the interbank market

KARACHI: The Rupee-Dollar exchange rate in the interbank market closed at Rs128.0 per US dollar against the closing level of Rs121.55 per...

Hutchison Ports licenses first female trainees to operate remote-controlled quay cranes

KARACHI: Hutchison Ports Pakistan, the country’s first and only deep-water container terminal, has passed another milestone by licencing the country’s first female...

EU says China could open its economy if it wishes

Long accused of protectionist tactics that make it a difficult place for foreign firms to operate, China is trying to reverse that narrative amid the escalating trade war by approving huge investments, such as a $10 billion petrochemicals project by Germany’s BASF

Finance ministry proposes rise in regulatory duties to rein in imports

The levying of additional regulatory duties would fetch the national exchequer an additional $1.12 billion, which will assist in reining in the trade deficit

Rupee plunges to record low of Rs128 against greenback in inter-bank market

The rupee started intra-day trading Monday at Rs121.55, shooting up to Rs127.5 before peaking to a high of Rs128 in the inter-bank market against the greenback before settling down at Rs128

China’s economic growth cools amid trade tensions

The world’s second-largest economy expanded by 6.7 percent, down from the previous quarter’s 6.8 percent, the government reported Monday

SBP monetary policy exposes exaggerated claims of economic development: PEW

ISLAMABAD: The Pakistan Economy Watch (PEW) on Sunday said the monetary policy of the State Bank has exposed the tall claims of rapid...

Former PM allegedly involved in Rs280m contract award against OGRA rules

ISLAMABAD: Former Prime Minister Shahid Khaqqan Abbasi is allegedly involved in the award of a $280 million worth contract for the 427km...

US lifts ban on suppliers selling to China’s ZTE

NEW YORK: The US Department of Commerce on Friday lifted a ban on US companies selling goods to ZTE Corp, allowing China’s...

Funds non-provision delays signal-free corridor project

ISLAMABAD: The third phase of the signal-free corridor project has been delayed owing to the non-provision of funds, being built from Zero-point...

Agriculture council approves 29 projects for funding

ISLAMABAD: The Pakistan Agricultural Research Council (PARC) has approved 29 research and developmental projects for funding under the Agriculture Linkage Programme (ALP)...