Dubai’s financial markets down 3.1pc, led by real estate sector
Dubai stocks hit a 27-month low on Thursday on the back of sharp falls in the real estate market and a drop in liquidity levels.
SECP, 1Link sign agreement for ease of doing business
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) and 1Link (Guarantee) Limited (1Link) as part of doing business reforms agenda, on...
Overseas Pakistanis remit $16.25 bn in 10 months
KARACHI: Overseas Pakistani workers remitted $16,257 million in the first ten months (July to April) of FY18, showing a growth of 3.92...
Data Security – issue of morality, business ethics, or inept governance?
In the murky world of numbers and big data, Pakistan, must not lag behind.
Sindh unveils Rs1.1 trillion budget
he province will run a deficit of Rs20.4 billion in 2018-19, although budget documents indicate a likely increase of 16.2 per cent in its total receipts.
Thar Coal to add first Megawatt to the national grid this December: CM
Rs7 billion to be spent on Thar Coal infrastructure development
300 MW of wind power to be added to the grid in July
Rs11.5 billion solar energy projects planned for next year
Collection of sales tax on services enhanced to Rs78.66bn in last financial year
KARACHI: Sindh Chief Minister Syed Murad Ali Shah has said that the total collection of the Sales Tax surged to Rs78.66 billion...
AGP unearths massive corruption in accounts of WAPDA, Ministry of Water Resources
ISLAMABAD: The Auditor General of Pakistan (AGP) has unearthed misuse of public funds to the tune of billions in the accounts of...
Murad Ali Shah presents Sindh’s budget of Rs1.14 trillion
Sindh Chief Minister Murad Ali Shah on Wednesday presented the Sindh’s provincial budget for Q1FY1028-19 with a total outlay of Rs1.14 trillion.
Pakistan joins new WTO bloc to promote free trade
ISLAMABAD: Pakistan joined a group of 41 developing and developed countries on Thursday to support a multilateral trading system for global economic...
Surge in broadband connectivity depicts massive impact on digital banking
ISLAMABAD:Â Due to the rapid growth of the telecommunication sector, the country has undergone an impressive transformation over the last four years.
E-banking transactions...
Senate presents 77 recommendations to NA over Budget 2018-19
The Senate on Wednesday recommended some 77 proposals to the National Assembly including the increase in petroleum development levy which may be restricted to an increase of 25 per cent over the existing rates, along with tax rates on individuals to be increased.
OGRA penalises PLL Rs560 mn over cancellation of four LNG cargoes
ISLAMABAD: In a blow to the government’s efforts to promote LNG business in the country, OGRA has imposed a Rs560 million penalty...
Local tile manufacturer urges architects to promote ‘made in Pakistan’ products
ISLAMABAD: Recently, Centro Ceramico, a highly reputable, and one of the biggest tile testing laboratories in the world, has certified Pakistan’s ‘Stile porcelain tiles’...
Senate body recommends increasing tax rate for high-income class
ISLAMABAD: The Senate Standing Committee on Finance has finalised its recommendations for the budget including a suggestion to raise the tax rates...