Benefits of tax amnesty scheme won’t last beyond June 2018: Moody’s

LAHORE: Moody’s, the credit rating agency on Thursday in its assessment of the tax amnesty scheme said its benefits may not last...

GB traders protest introduction of internet system for goods clearance at Sust dry port

GILGIT: Domestic exporters and importers in Gilgit-Baltistan have vociferously protested the introduction of Web-Based One Customs (WEBOC) for goods clearance at Sust...

Bank of China permitted to establish clearing & settlement facility

KARACHI: The Bank of China on Wednesday was granted permission by the central bank to establish a domestic Chinese yuan (CNY) clearing...

Ogra requested to expedite standardization of manganese content in petrol

ISLAMABAD: The government has been requested by Oil and Gas Regulatory Authority (OGRA) to expedite the move to finalizing standards and specifications...

Dr. Miftah Ismail set to visit US for IMF spring meetings

ISLAMABAD: Adviser to Prime Minister on Finance, Dr. Miftah Ismail is scheduled to visit the U.S from April 18th on a three-day...

KP endorses FWO for construction of oil pipeline

ISLAMABAD: The Khyber Pakhtunkhwa government has voiced opposition to Inter-State Gas Systems (ISGS) for laying the pipeline from Machike to Taru Jabba...

PSO, Power China in negotiations to setup a $8 billion refinery

KARACHI: The country’s leading oil marketing company Pakistan State Oil (PSO) is in negotiations with Power China to enter into a partnership...

FBR to now investigate overseas assets without time restrictions

KARACHI: With the recently introduced presidential ordinance Income Tax (Amendment) Ordinance 2018, the one biggest impediment of time restriction of six years...

IMF follows FATF footsteps, voices opposition to amnesty scheme

ISLAMABAD: Voicing concerns over the amnesty scheme being offered in Pakistan, International Monetary Fund said these schemes never achieved their stated objectives. A...

CPEC to further enhance growing Pak-Iran relations

ISLAMABAD: The Ambassador of Pakistan to Iran Asif Durrani has said that the successful completion of China-Pakistan Economic Corridor (CPEC) would further...

CDA asked to cooperate for new industrial estate in Islamabad

ISLAMABAD: PML-N senior leader and former Senator Syed Zafar Ali Shah visited the Islamabad Chamber of Commerce and Industry (ICCI) and congratulated...

PM lauded for suspending FTA talks with China

ISLAMABAD: The Pakistan Economy Watch (PEW) on Wednesday lauded the decision of Prime Minister Shahid Khaqan Abbasi to suspend the Free Trade...

South Asia should craft strategies to withstand shocks from US-China trade war

LAHORE: SAARC CCI Vice President Iftikhar Ali Malik Wednesday said in the prevailing global economic scenario, it is need of the hour...

Govt supports documented, taxpaying, tobacco industry: Haroon

ISLAMABAD: Haroon Akhtar Khan, Special Assistant to Prime Minister on Revenue has said that the entire cigarette industry can fully utilise the...

ADB projects decline in GDP, as trade deficit continues to worsen

ISLAMABAD: According to a new Asian Development Bank (ADB) report, Pakistan’s economy is projected to maintain strong growth in fiscal year (FY) 2018...