FFC MD elected as Director of International Fertiliser Association

ISLAMABAD: The International Fertiliser Association (IFA) during the 86th FA Annual Conference held at Berlin, Germany has elected Fauji Fertilizer Company's (FFC's) Chief Executive...

Bank of England says UK banks can manage hard Brexit

Britain’s banks could deal with a hard Brexit next March if need be, Bank of England Governor Mark Carney said on Wednesday, rejecting European Union warnings that lenders are inadequately prepared.

Iran bans 1,300 imports as protesters, police clash over currency weakness

Iran is banning imports of over 1,300 products, preparing its economy to resist threatened US sanctions, amid rare public protests against the plunge of its currency to record lows.

Banks to observe extended working hours on June 29, 30 to collect taxes

LAHORE: All field offices of the Federal Board of Revenue (FBR) will remain open and observe extended working hours till 8:00 pm on...

Pakistan 4th most popular country for freelancing: report

ISLAMABAD: Pakistan is among the top five countries in the world when it comes to freelancing and generated a significant calculated amount...

Rukhsana Yasmeen to become FBR’s new chairperson

The caretaker Prime Minister Justice Nasirul Mulk has approved the transfer of Federal Board of Revenue (FBR) Chairman Tariq Mahmood Pasha and has further appointed Rukhsana Yasmeen (BS-22) as the new chairperson of the revenue body.

Punjab caretaker cabinet resolves to work with local business community

LAHORE: In a rare interaction with the private sector, the Punjab Cabinet on Tuesday expressed the resolve to work hand in hand with the...

National food security ministry partners with USAID to enable agri-technology

KARACHI: The United States Agency for International Development (USAID) and the Pakistan Ministry of National Food Security and Research (NFS&R) launched USAID’s...

First Shaheen Air flight to carry 325 pilgrims from July 14

The airline is slated to fly more than 40,000 pilgrims as part of its Hajj operation this year

Trade at Sost resumes as army intervenes, suspends WeBOC system

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

Local media urged to remove negative misconceptions about CPEC

ISLAMABAD: As the government has failed to remove many misconceptions about the multibillion-dollar project - the China Pakistan Economic Corridor (CPEC), the...

Looming FATF meetings spark debate on Pakistan’s possible inclusion in ‘grey list

KARACHI: The Financial Action Task Force's (FATF's) committee may put the country’s transactions on its grey list, but the decision is not...

Market Daily: KSE 100 drops below 41,000 mark

--PSX has been taken by a storm taking cumulative losses to -6.2 per cent in 4 sessions. Concerns on economy, politics, FATF deliberations, Moody's downgrade, heavy foreign selling in the outgoing week and technical breakdown have left investors cautious.

Amnesty Schemes heading towards failure: KCCI

Muffasar Malik urged the Chief Justice of Pakistan Saqib Nisar, Caretaker Prime Minister Justice (retd) Nasir ul Mulk and Finance Minister Dr Shamshad Akhter to take strict notice of Federal Board of Revenue’s (FBR) unlawful actions being applied in the Amnesty Schemes

Power Cement to obtain €30m foreign loan for ongoing clinker expansion project

Power Cement announced it had completed the financing arrangements of Rs24.9 billion ($205 million) for the 2.5Mta expansion of its cement plant in the Nooriabad Industrial Area, Kalo Kohar District, Jamshoroo, Sindh