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...

Energy corridor between Pakistan, Tajikistan could improve regional connectivity

ISLAMABAD: A conference held by Tajikistan’s embassy and Centre for Global Studies (CGSS) on Monday emphasized for execution of an energy corridor...

Confidentiality clause in tax amnesty scheme could be in contravention of constitution: Report

ISLAMABAD: A tax consultancy firm said the government’s tax amnesty scheme aims to withhold information of individuals availing could be in contravention...

Pakistan’s petroleum consumption rose 9.64 percent during 2016-17: OCAC

ISLAMABAD: A report released by the Oil Companies Advisory Council (OCAC) for the year 2016-17 revealed Pakistan’s petroleum productions consumption grew by...

Karachi-UAE could get fast cargo vessel service: TDAP

KARACHI: Trade Development Authority of Pakistan on Monday said Pakistan was contemplating to launch a specialized fast cargo vessel service between Karachi...

Tax filing obligatory for individuals having foreign earnings of over $10,000 a year

KARACHI: People earning foreign come of over $10,000 have or having assets worth $100,00 would now be required to file their annual...

FPCCI welcomes Tax Amnesty Scheme

LAHORE: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Monday welcomed the Tax Amnesty Scheme announced recently by the Prime...