Bahria Town Karachi prices plummet 20 percent post-SC verdict: Report

Real estate owners have said transactions in Bahria Town Karachi properties has dried up since the Supreme Court verdict late last week

Govt draws up revisions in legal structure after K-Electric deal

ISLAMABAD: The incumbent government is said to have drawn up revisions in the legal structure surrounding the acquisition of Shanghai Electric of...

Foreign lenders rebuff appeal for transfer of loans to transmission line projects

The power division in its tabled summary demanded Rs9.84 billion via the issuance of sovereign guarantees to be obtained from local commercial banks for connecting new nuclear plants in Karachi to the national grid

Senate panel advises to loosen curbs on non-filers in car, property purchases

The Senate panel suggested non-filers of income tax returns to be given permission for buying or importing cars up to 1,000cc with the target to assist the middle-income group

Senate panel approves taxing tech giants Google, Amazon and Facebook

Pakistan's laws now stand compliant with OECD rules and regulations

Govt contemplating to scrap regulatory duty on dry milk imports

Bilateral trade between Pakistan and Netherlands crossed the $1.21 billion mark during 2016-17 and in July-April 2017-18 total trade volume stood at $1.54 billion

ECAP asks central bank to scrap Pakistan remittance initiative

ECAP backed the embargo enforced by the Dubai government and said it shouldn’t be reversed

Government to issue floating rate PIBs to raise Rs150 billion: SBP

The auction for these 10-year bonds is expected to be held on May 16th, June 13th and July 11th in which Rs50 billion each is being targeted to be raised

FPCCI to meet PM, Finance Minister to discuss budget anomalies

FPCCI to hold a meeting on Tuesday with Prime Minister Shahid Khaqan Abbasi and Federal Finance Minister Dr Miftah Ismail to discuss the issues and anomalies of the recently announced Federal Budget 2018-19.

Bilateral trade between Pakistan, Netherlands crossed $1.21bn in 2016-17

Bilateral Trade between the two countries has crossed $1.21 billion mark during 2016-17 and in July-April 2017-18 total trade volume was $1.54 Billion - exports at $716.18 million and imports at $831.18 million.

PAMA urges Ministry of Finance to remove restriction for non-filers

The new initiative of restricting non-filers from purchasing motor vehicles to cause a reduction in the sale of 240,000 units

Pakistan’s Auditor General initiates special audit of MNCs in tobacco sector

Pakistan’s Auditor General has started a forensic audit of multi-national companies (MNCs) of tobacco sector and sought necessary record from MNCs to conclude the audit within 15 days in light of Public Accounts Committee’s (PAC) directions, it has been learnt.

Miftah reaffirms conducive business environment for investors

ISLAMABAD: Minister for Finance Dr Miftah Ismail Monday reaffirmed the government's commitment to providing a conducive business environment for local and foreign...

Dollar resurgence halting emerging market rate cut cycle

With the dollar on the rise, emerging currencies have weakened some 3 percent in the past two weeks, as measured by a JPMorgan index

With FATF deadline looming, Pakistan faces challenges to curb money laundering: Report

A president of a private bank in Karachi believes if Pakistan got placed on the grey-list it would make it very difficult for the country to borrow on international markets