Pakistan to start receiving information on offshore accounts in September 

ISLAMABAD: Pakistan is poised to receive information about offshore financial accounts in September 2018. This was stated by the spokesperson and member policy...

PSX arranges briefing on tax amnesty

KARACHI: The Pakistan Stock Exchange (PSX) Limited Friday arranged a briefing on tax amnesty for its TRE certificate holders and market participants. The panellists on...

Chinese electric car manufacturers eye Pakistani market

KARACHI: The auto industry is transforming at unparalleled speeds and is converting technology from fossil-fuel based vehicles to electric motor engines to...

Market Daily: KSE 100 sheds 5 per cent WoW

KSE 100 index closed down 721.23 points (-1.70 per cent) at 41,637.38 on the last trading day of the week

PM seeks answers over Sost border trade dispute

ISLAMABAD: With serious reservations being shown from various quarters including the Chinese over the suspension of bilateral trade through the Sost border, the...

Cellular service subscribers surge to 150.3mn

The Pakistan Telecom Authority (PTA) announced on Thursday said that the number of cellular service subscribers across Pakistan have crossed 150 million. PTA...

Market Daily: Negative rating leaves PSX bleeding  

LAHORE: The Pakistan Stock Exchange (PSX) continued to bleed red again on Thursday. Bearish sentiments continued its dominance over the market as...

Shaheen Air in trouble as FBR initiates legal action over unpaid duties

KARACHI: The Federal Bureau of Revenue (FBR) has decided to initiate legal action against Shaheen Air over alleged non-payment of federal excise...

Leather goods exports up by 7.99pc

ISLAMABAD: The export of leather goods from Pakistan increased by 7.99 per cent during first 11 months of the fiscal year 2017-18...

Increasingly difficult to keep undeclared assets, says FBR chairman

KARACHI: The Federal Board of Revenue’s (FBR’s) Chairman, Tariq Mahmood Pasha on Thursday said the tax amnesty scheme is for the business...

Minister hails role of business community in national economic development 

LAHORE: Punjab Caretaker Minister for Labour and Livestock, Mian Nouman Kabir has lauded the pivotal role business community plays in the economic...

NEPRA imposes fine of Rs5m on Genco-III for power breakdowns

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has imposed a fine of Rs5,000,000 on M/s Northern Power Generation Company Limited GENCO-III,...

Pakistan’s liquid foreign reserves increase

KARACHI: The State Bank of Pakistan (SBP) here Thursday said the total liquid foreign reserves held by the country stood at $16,798.0...

CDC to facilitate transfer of book-entry securities under tax amnesty scheme

KARACHI: The Central Depository Company (CDC) Limited will facilitate the transfer of book-entry securities in the central depository system against the declaration...

JS Global arranges Pakistan Investment Conference 2018 in Washington, New York

KARACHI: JS Global Capital Limited has taken the lead in presenting Pakistan’s economic growth story to international investors by organising the Pakistan...