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...
China’s central bank to reduce reserve requirement
BEIJING: China’s central bank announced Sunday it would reduce the reserve requirement ratio (RRR) for most banks by 50 basis points to...
SBP unveils procedures for investment in amnesty bonds as scheme lags behind targetÂ
ISLAMABAD: The outgoing government's dream to collect three to four billion dollars through the amnesty scheme seems to have shattered as only...
PSDP releases Rs1,054,249m for Food Security, Research
ISLAMABAD: The government has released Rs1054.249 million under its Public Sector Development Programme (PSDP) 2017-18 as compared the total allocation of Rs1615.669...
Gender-based bank loans to help empower women
ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Ghazanfar Bilour has said that we are dedicated to promoting...