US-China trade talks begin, as Trump praises Chinese President Xi Jinping
The discussions, led by U.S. Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu He, are expected to cover a wide range of U.S. complaints about China’s trade practices, from accusations of forced technology transfers to state subsidies for technology development
Market Daily: Indices continue to bleed, shed 640.19 points intraday
The KSE 100 index had a huge fall, chopping off 640.19 points to fall to intraday low of 44,556.18. it settled with a loss of 1.01 per cent or 449.74 points at 44,746.63.
Iranian envoy invites Pakistani businessmen to avail potential of Free Trade Zones
Ambassador of Iran to Pakistan Mehdi Honardoost has said that Iran and Pakistan should concentrate on trade and economic activities to further improve bilateral relations. Iranian Free Trade Zones have great potential for Pakistani businessmen and they should avail this opportunity through joint ventures.
Pakistan faces highest debt distress from Chinese-funded BRI: Report
A study conducted by Center for Global Development revealed 23 out of 68 nations involved in the BRI were facing risk of debt distress
Super-tax will continue being a drag on bank’s profits: Moody’s
Moody's says the extension of super-tax for banks is a credit negative move
Pakistan’s wheat exports in April touch highest level since independence
Wheat is being exported to Oman, Indonesia, Dubai, Muscat and Bangladesh at a price of $185-200 per ton
Currency swap agreement with Pakistan on horizon: Iranian Ambassador
From July-March of the current financial year 2017-18, trade figures registered a fall as imports from Iran were recorded at $5 million compared to exports of $17.155 million, as per Ministry of Finance figures
Increase in customs duty to make cooking oil pricier for consumers
Pakistan imports 75 percent of edible oil to meet its requirements
Delays caused Neelum-Jhelum project cost to balloon to Rs500 billion
The cost of this project had been revised upwards to Rs404 billion from Rs275 billion in December 2015 by the present government
Pakistan’s share in global exports fell to 0.13 percent in 2016: Report
Pakistan sustained over $18 billion in annual trade deficits because of poorly reached agreements with various countries, said a Pakistan Business Council report on Wednesday.
OGRA recommends giving 33 licences for LPG sector
OGRA’s annual report for the year 2016-17 said it had issued around 21 licences to different companies pertaining to the regulated gas sector since 2002
Super-tax may erode 7 percent of bank earnings in 2018: Report
HBL and UBL could be severely impacted due to the recent upsurge in loan losses on their foreign books and lower coverage, said Taurus Securities
Senate committee annoyed over bureaucracy ignoring its budget proposals
ISLAMABAD: Showing its serious concerns over the attitude of bureaucracy in various ministries especially in finance and planning, the Senate Standing Committee...
Haroon disregards calls for ‘economic urgency’ amid post-budget backlash
ISLAMABAD:Â Special Assistant to the Prime Minister on Revenue, Senator Haroon Akhtar Khan has hit out at the opposition for glossing over the...
Govt to provide billions in tax exemption to Chinese companies
ISLAMABAD: While rejecting the Senate Standing Committee on Finance's recommendation to withdraw the tax exemptions given to Chinese companies, the tax department...