‘Agriculture in Europe to decline as Asian output grows’
PARIS: Agricultural production in Western Europe is set to decline over the coming decade, with output in Africa and Asia expected to...
US plan to end Iranian oil exports ‘a fantasy’: Rouhani
GENEVA: A plan by the United States to cut Iran’s oil production to zero is a “fantasy”, Iranian President Hassan Rouhani said...
Rs180bn loan adjusted through consumer tariff
PML-N govt decided to finance commercial bank loans through a surcharge, Senate body told
CPI projected to clock at 5.4 percent YoY in June 2018: Report
Also, CPI inflation is projected to rise to 6.13 percent YoY/6.55 percent YoY during FY19/CY19F due to passing through inflation from 13.9 percent currency adjustment alongside rising oil prices in FY18
Uber in talks with Careem to acquire majority stake: Report
In January, it was reported Careem was contemplating an initial public offering (IPO) by 2019
FBR amassed Rs1.7 trillion from income taxes at import stage in FY18
Total collection for FY18 was 14.2 percent higher than previous FY17 and the country’s tax-to-gross domestic product marginally rose to 11.1 percent, which was lower than the target set
Exports from Azerbaijan to China can be carried out within CPEC project
Exports of Azerbaijani goods amounted to $433.8 million (3.21 percent of total exports), while imports of Chinese products to Azerbaijan reached $854.5 million (9.73 percent of total imports)
Vintage cars exempt from import tax, to be taxed at $5,000 flat
Under the proposed rules taxation will not vary according to the engine capacity of the car but will be imported at a fixed rate of $5,000 per unit.
NEPRA increases power tariff by Rs1.22/unit
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has jacked up electricity tariff by Rs1.22 per unit on account of monthly fuel...
Emirates announces one-off A380 service into Pakistan
KARACHI: Emirates, the world’s largest international airline, announced that it will deploy a one-off A380 service to Islamabad on 8 July 2018....
PACRA upgrades IFS rating of Pak-Qatar Family Takaful to A+
KARACHI: The Pakistan Credit Rating Agency (PACRA) has upgraded the IFS rating of Pak-Qatar Family Takaful Limited from 'A' to 'A+' with...
Senate special committee on circular debt calls for alternative energy sector facilitation
ISLAMABAD: The Senate Special Committee on circular debt held a meeting on Tuesday to discuss the situation that has been caused due to the...
FATF’s decision to grey listing Pakistan a political move: PEW
EW President Dr Murtaza Mughal in a statement said that the decision has little to do with terror financing while everything to do with Pakistan’s Afghan policy
Pakistan’s mounting external debt leaves limited window to counter risks: Fitch Ratings
LAHORE: Pakistan’s burgeoning external financing risks are further being added to by a declining foreign exchange reserve and a mounting current account...
Market Daily: PSX slips further, settles 169.63 points lower
The KSE 100 depreciated by 0.41 per cent and touched an intraday low of 41,513.95. The index finally settled lower by 169.63 points at 41,564.42.