Chinese automaker plans to bring electric vehicles in Pakistan
HEFEI: JAC Motor, a Chinese state-owned automobile and commercial manufacturer based in Anhui province, is planning to introduce electric vehicles in the...
APBF opposes tight monetary policy, suggests improved governance
Ibrahim Qureshi suggested the government to observe restraint while getting loans from commercial banks and improve governance to ensure 5.4 per cent growth target which has yet to be achieved.
Pakistan set to get $1-2 billion from China to boost forex reserves
In the past three weeks, reserves have declined by $1.2 billion and now stand at two months worth of import cover
Govt gives nod to setting up of federal SEZ in Gwadar
The federal government wants to get maximum land allotted out of a total 100,000 acres reserved for the setting up of an SEZ at Gwada
Rupee further plunges against the dollar, touches Rs119.05 in kerb market
On Tuesday, credit rating agency Moody’s projected the rupee could plunge by 7.75 percent and touch Rs125 to the dollar by June 2019.
CCoP fails to reach decision over K-Electric deal
One of the main pending problems was the degree to which Shanghai Electric would record the liabilities in its balance sheet after successful takeover of K-Electric
Tax amnesty scheme’s success contingent on apex court decision
Till now, around Rs10 billion have been declared under the tax amnesty scheme announced early last month and Rs500 million has been collected as tax
Ogra proposes construction of ten new oil storage facilities
10 new oil marketing companies are expected to be established next year for more effective supply of petroleum products across the country
Political turmoil may lead to economic catastrophe, warns SAARC chamber
LAHORE: SAARC Chamber Senior Vice President (SVP) Iftikhar Ali Malik Friday said with the term of the present government coming to an...
Commerce Minister for improving competitiveness of export products
ISLAMABAD: Federal Minister for Commerce Muhammad Pervaiz Malik said that for making Pakistan a stronger economy, a rapid increase in exports was...
Ban on the movement of wheat flour illegal, unethical: FPCCI
ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Friday said the Punjab government has banned the inter-district as...
SECP chairman’s appointment challenged in LHC
KARACHI: A petition has been filed in the Lahore High Court (LHC) against the appointment of Shaukat Hussain as chairman Securities and...
Market Daily: Up 1.1 per cent WoW
KSE 100 index settled 463.07 points down on Friday, yet overcoming three-week long losing streak
Exporters not following packaging standards for mango exports
ISLAMABAD: With the commencement of mango exports from May 12, registered exporters have complained that mangoes are largely being exported without following the...
FBR raises RD to promote import substitution
KARACHI: The Federal Board of Revenue (FBR) has issued a new SRO named as “S.R.O. 640 (I)/2018”, where the Regulatory Duty (RD) on...