‘Mystri’ app connecting workshops with car owners 

LAHORE: One of the largest internet broadband and cable provider in the country, Wateen, has recently stepped into the e-commerce and digital...

SC informed defective laws are hindering tracing of foreign bank accounts

The DG FIA informed the court Pakistani citizens had invested 4,240 billion UAE dirham in the Gulf nation

Mobile phone card tax suspension could cause Rs123 billion loss to national exchequer

Before the apex court decision, provinces were collecting around 19.5 percent tax on a prepaid phone card, so their revenue collection losses would touch Rs75 billion annually

Pakistan faces risk of arbitration lawsuits if it becomes ECT member: Report

According to the report, ECT is an influential tool in the hands of large oil, gas and coal companies which permits them to dissuade governments from moving to clean energy

Inflation to spike up after latest rupee devaluation

The country’s business community believes Pakistan would feel the pressure sooner rather than later due to an almost 13 percent dip in the value of the rupee in the last six months

Al-Futtaim procures land in Faisalabad to setup auto plant

It is a joint venture between Al-Futtaim Automotive International of Dubai and Renault who in November 2017 signed an exclusive agreement for assembly and distribution of Renault vehicles in Pakistan

Market Daily: Steepest fall after 20 sessions; market sheds 700 points

LAHORE: Indices at Pakistan Stock Exchange (PSX) posted the steepest fall on Tuesday since May 14, 2018, as Monday’s 4 per cent rupee devaluation...

Rupee devaluation not a surprise, further devaluation expected

LAHORE: The State Bank’s move to devalue the rupee by 3.6 per cent on Monday did not surprise experts; however, they suspect deficit risk...

Auto sales up 21pc for July-May 2017-18

KARACHI: Total car sales have gone up by 21 per cent in the last eleven months of the current fiscal year with 201,134 units. According...

Caretaker government to avoid new IMF bailout

ISLAMABAD: While giving the clear picture of Pakistan’ economy, the Minister for Finance Shamshad Akhtar has said that Pakistan is running above the...

Govt of Sindh, World Bank, discuss ease of doing business reforms

KARACHI: A progress meeting on the implementation of doing business reforms in Sindh was held in Karachi on Tuesday. The Sindh government,...

Dubai real estate a money-laundering haven: Report

DUBAI: War profiteers, terror financiers and drug traffickers sanctioned by the U.S. in recent years have used Dubai's real-estate market as a haven...

US dollar touches Rs122 in interbank, closes at Rs121.50

KARACHI:  The dollar continued its upward trend in the interbank market on Tuesday closing at Rs121.50 against a dollar. “The dollar touched Rs122 in the interbank...

SECP notifies regulations for non-profit associations

KARACHI: The Securities and Exchange Commission of Pakistan (SECP) has notified the Associations with Charitable and Not for Profit Objects Regulations, 2018. The...

IMF’s Lagarde says global economic outlook dimming by the day

Investors are fearful of a tit-for-tat trade war, though markets were relatively calm on Monday after an early wobble