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

Yayvo sales set to surpass billion rupees mark this year: Report

According to estimates of M.A Mannan, CEO TCS Holdings, 40 to 45 percent of e-commerce sales were being conducted in rural areas

Tax amnesty scheme not likely to fetch more than $700 million: Report

Sources revealed the tax regulator has fetched $46 million tax against the declaration of overseas assets under tax amnesty scheme till June 23rd

Pakistan, the next outsourcing hub?

With India and the Philippines ratcheting up the rates, will Pakistan be able to jump on the BPO bandwagon?

Fintechs: Goliaths of today, dinosaurs of tomorrow?

Innovation is not the done thing in Pakistan’s commercial banking and soon Pakistan’s financial services industry is expected to witness a David-and-Goliath contest of sorts, with Fintechs with negligible capital taking on commercial banks with billions, even trillions, in assets – and beat them

Padding up the cement tycoons’ coffers

With CCP timidly looking away, the APCMA is running a cartel, setting up production quotas and extracting rapacious rates from captive consumers

OGRA raises gas prices by 300pc for domestic consumers

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has jacked up gas prices for domestic consumers by 300 per cent while 30...

Motorbike, three-wheeler sales up by 16.18pc

ISLAMABAD: The sale of motorbikes and three-wheelers in the country during first 11 months of the current fiscal year (2017-18) increased by...