Tax amnesty scheme designed for rapid national development: Haroon Akhtar 

ISLAMABAD: Prime Minister’s Special Assistant on Revenue Haroon Akhtar Khan on Tuesday said the recent tax amnesty scheme is different from the schemes announced earlier...

Pak offers excellent investment opportunities for Hong Kong businessmen: PM Abbasi

ISLAMABAD: Prime Minister Shahid Khaqan Abbasi has said that Pakistan offers excellent investment opportunities for Hong Kong businessmen to invest in the fields of financial services,...

Remittances reach $1.69 bn in March, rising 22pc from Feb

KARACHI: According to the data released by the State Bank of Pakistan (SBP), overseas workers remitted $1.69 billion in March, which is up...

NAB arrests 8 accused in Fisherman Cooperative Society

KARACHI: The National Accountability Bureau (NAB) Karachi Tuesday arrested eight accused and nominated in Reference No 2/2018 filed in the accountability court at Karachi. The...

Agha Steel Industries rolls out Rs5 bn Sukuk

KARACHI: Agha Steel Industries Limited (ASIL) intends to issue OTC listed, rated and secured Sukuk of up to Rs5 billion (inclusive of...

FCA holds 2nd bi-annual meeting to ensure measures for food security

ISLAMABAD: The high powered Federal Committee on Agriculture (FCA) mandated to oversee strategic measures for ensuring food security in the country, held its...

SECP notifies new AAOIFI shariah standards for public consultation  

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has fast-tracked the adoption of Shariah standards to bring about harmonisation and standardisation...

CCP to hold an open hearing on Auto sector on April 12

KARACHI: The Competition Commission of Pakistan (CCP) is holding a public hearing on the auto sector on April 12 in Islamabad, and has invited all...

International expo on CPEC to boost trade, investment opportunities: Chinese diplomat

ISLAMABAD: Deputy Chief of Mission at the Chinese Embassy and focal person for China-Pakistan Economic Corridor (CPEC) Zhao Lijian has termed the...

Brent crude touches $69.04, as US-China trade war threat eases

SINGAPORE: Oil markets rose for a second day on Tuesday, with Brent rising above $69 per barrel on hopes a trade dispute...

Per capita income rises, touches Rs180,204 for FY 2017-18

ISLAMABAD: Pakistan’s economy is said to have achieved its highest economic growth rate at 5.79 percent, the highest in eleven years, proclaimed...

Master Motors granted Greenfield status

ISLAMABAD: Another automobile company is set to enter the fray, as Master Motors has been granted Greenfield status by the Ministry of...

Chinese President vows to open up economy, reduce tariffs by year-end

BOAO/BEIJING: Chinese President Xi Jinping on Tuesday promised to open the country’s economy further and lower import tariffs on products including cars,...

OMC’s and refineries refuse to pay fee in absence of formal notification

ISLAMABAD: The dispute between the Oil and Gas Regulatory Authority (OGRA) and oil industry has intensified after the latter refused to pay...

Pakistan’s economy to grow close to targeted rate for FY 2017-18: IPR

LAHORE: A report released by the Institute for Policy Reforms (IPR) has said Pakistan’s economic growth rate for FY 2017-18 would be...