Multiple taxes hurting the stock market
KARACHI: High-taxation rates are the scourge of the Pakistan Stock Exchange, as multiple taxes contributes to rates as high as 40 percent...
PSO country’s fastest growing retail company: Report
KARACHI: The government-owned Pakistan State Oil (PSO) is reported to be the country’s fastest-growing retail company with three million consumers said to...
Pakistan’s inflation to rise in FY 2018-19, remain high till FY20: World Bank
LAHORE: The World Bank on Sunday in its report “South Asia Economic Focus, Jobless Growth” projected inflation to rise in the financial...
Govt contemplating merger of Pakistan LNG Limited, Pakistan LNG Terminal Ltd
ISLAMABAD: The government is contemplating the amalgamation of two state-owned liquefied natural gas (LNG) entities namely Pakistan LNG Terminals Limited and Pakistan...
What makes Pakistan plump for IMF time and time again?
Pakistan has been approaching International Monitoring Fund (IMF), intermittently, since 1988. The last programme was successfully completed during the period 2013-16. However,...
Why Ishaq Dar deserves bouquets and not brickbats
Interview: Dr. Ishrat Hussain Former Governor, SBP
Having served two back-to-back terms as SBP governor in Pervez Musharraf’s dispensation, Dr Ishrat Hussain has...
Adaption to technology to generate greater tax revenues: Miftah
ISLAMABAD: Advisor to Prime Minister on Finance, Revenue, and Economic Affairs Miftah Ismail, while talking to a private news channel, has said...
Agri sector records growth at 3.81pc in FY18
ISLAMABAD: The agriculture sector of the country is estimated to grow by 3.81 per cent during the fiscal year 2017-18 against the...
NAB officers alleged of involvement in corruption cases
ISLAMABAD: Some officers of the National Accountability Bureau (NAB) are allegedly involved in the unlawful intervention in the ongoing investigation on cases...
Centre to impose taxes in Gilgit Baltistan yet again
ISLAMABAD: Though the imposed taxes in Gilgit Baltistan (GB) was withdrawn by the federal government after a prolonged protest and long marches...
SC extends restraining orders against merger of Summit, Sindh Bank
KARACHI: The Supreme Court (SC) on Saturday extended its restraining order regarding the merger of Sindh Bank and Summit Bank until further...
Expensive Qatari LNG causing additional burden on masses
ISLAMABAD: Pakistanis are allegedly being deprived of low priced Liquefied Natural Gas (LNG) as the present government continues importing LNG from Qatar...
PMRC to provide banks long term fixed rate housing finance
KARACHI: Newly established Pakistan Mortgage Refinance Company (PMRC) will provide banks with long-term funding at fixed rates to promote housing finance.
Speaking at...
FIA fails to obtain record from Customs Intelligence in mobile phones embezzlement case
ISLAMABAD: The Federal Investigation Agency (FIA) has failed to obtain the record from Directorate General of Customs Intelligence and Investigation in a...
Syria war, OPEC compliance propping up oil price: IEA
PARIS: Fears of fresh escalation in Syria’s war coupled with compliance with a pledge by the OPEC cartel and Russia to limit...