Pakistan for balancing trade deficit with Qatar

Due to LNG imports, trade deficit of Pakistan with Qatar has increased to $1.6 billion

773 new companies registered in June: SECP

ISLAMABAD: In June, the Securities and Exchange Commission of Pakistan (SECP) registered 773 new companies. As compared to the corresponding month of the last...

No requirement to be a tax filer for vehicles below 1000cc: Tax authorities

ISLAMABAD: While the Federal Board of Revenue (FBR) has imposed the conditions for filers for the purchase of new/imported vehicles from July...

Bureaucracy in Finance ministry behind decision to increase petroleum prices

ISLAMABAD: The bureaucracy sitting at the Finance Ministry and the Federal Board of Revenue (FBR) compelled the caretaker Prime Minister to increase the...

Market Daily: PSX falls another 107 points totaling 1760 since last five sessions

LAHORE: Pakistan equity markets extended the bearish trend wherein the index fell by 107 points, stretching the decline in the index to...

Customs in a jumble as stolen vehicles from Japan worth Rs200m await final decision 

ISLAMABAD: The Collectorate of Customs Lahore is all set to manage Rs200 million worth scandal of 14 luxury V8 Land Cruisers and...

Jaguar says ‘bad Brexit’ would mean it could not stay in UK

Shares in Tata plunged to their lowest in more than five years on Thursday, as investors turned jittery on the company, whose biggest business is JLR, which contributed nearly 77 percent of its total revenue in the year ended March 31, 2018

Trade war could hurt these economies far more than U.S., China

It reveals countries like Taiwan, Hungary, the Czech Republic, South Korea, and Singapore could be equally if not more vulnerable to the risk of a trade spat than the two currently front and centre

China warns U.S. ‘opening fire’ on world with tariff threats

U.S. President Donald Trump has threatened to escalate the trade conflict with tariffs on as much as a total of $450 billion in Chinese goods if Beijing retaliates, with the row roiling financial markets including stocks, currencies and global trade of commodities from soy beans to coal

Senate panel directs PIA to expand its fleet and network

PIA CEO Musharraf Rasool Cyan said four new aircraft are expected to be inducted by the end of the current year

Pakistan LNG cancels tender after high offers

The company still has a separate tender seeking five cargoes of the super-chilled fuel for September to October delivery

Response to tax amnesty scheme remains muted: Report

According to figures of the State Bank of Pakistan (SBP), initial estimates for April 10th to June 30th reveal Pakistani’s paid $290 million in taxes on nearly $6 billion of declared assets

PTI proposes Centralised Knowledge Economy Authority to boost IT exports

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) plans to establish a Centralised Knowledge Economy Authority (CKEA) with an objective of making Information Technology (IT) the...

MoP&D holds seminar on’ Accelerating Growth for Employment Generation’

ISLAMABAD:  A one-day seminar on "Accelerating Growth for Employment Generation" was held on Wednesday in the Ministry of Planning Development and Reform. The seminar was...

EDB staff allege lobby in auto sector protecting their corrupt CEO 

ISLAMABAD: While the Engineering Development Board (EDB), the apex government body under the Ministry of Industries and Production (MoI&P) entrusted to strengthen...