China warns U.S not to open pandora’s box, spark global trade wars

BEIJING: China warned the United States on Thursday not to open Pandora’s Box and spark a flurry of protectionist practices across the...

Karachi ranked 3rd amongst fifty cities for total consumer market growth: Report

LAHORE: A Euromonitor survey on “Top Five Cities for Consumer Expenditure in 2018” has said Karachi and other cities would contribute to...

SBP expected to hike interest rates by 25 to 50 basis points for next two months

KARACHI: The State Bank of Pakistan on Friday is expected to hike the interest rates for coming two months in its monetary...

Bureaucracy to conform to procedural requirements for release of funds

ISLAMABAD: All procedural requirements for funds disbursement under orders of the Prime Minister will now be conformed to by the bureaucracy. This happened...

Government unwilling to offer tax benefits to dairy sector

ISLAMABAD: The upcoming budget for financial year 2018-19 is not expected to provide any tax relief for the country’s dairy sector, despite...

Pakistan seeks financial help from China, Saudi Arabia to avoid IMF bailout

ISLAMABAD: Pakistan has reached out to close friends China and Saudi Arabia to provide it with $6 to $8 billion in form...

AGP office unwilling to conduct pre-audit of Rs80b circular debt payment

ISLAMABAD: The Audit General of Pakistan (AGP) has shown unwillingness to carry out a pre-audit of circular debt, jeopardizing government’s plan to...

President KCCI to inaugurate ICT Gala 2018 on Friday

KARACHI: President Karachi Chamber of Commerce and Industry (KCCI) Muffasar Atta Malik will inaugurate ICT Gala 2018 being organised by Pakistan Computer...

FPCCI, GPCCI sign MoU to enhance business, trade

LAHORE: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and Greek-Pakistan Chamber of Commerce and Industry (GPCCI) on Wednesday signed a...

Rs24,489.515mn released for various water, power projects so far

ISLAMABAD: The Planning Commission has released a total of Rs24,489.515 million against the total allocation of Rs102,304.807 million in annual Public Sector...

Imports of mobile phones rise 14.51pc in 8 months

ISLAMABAD: Imports of mobile phones in the country during the first eight months of fiscal year 2017-18 increased by 14.51 per cent...

Railways seeks Rs73bn for ongoing, new projects in next PSDP

ISLAMABAD: Pakistan Railways (PR) has proposed Rs73 billion for ongoing and new projects in the next Public Sector Development Programme (PSDP) for...

South Asia to become global leader in agricultural trade: SCCI

ISLAMABAD: SAARC Chamber of Commerce and Industry (SCCI) Vice President Iftikhar Ali Malik Wednesday said that adopting a unanimous market-oriented agricultural policy...

APTMA proposes to make turnover tax zero pc for textile sector

ISLAMABAD: The All Pakistan Textile Mills Association (APTMA) has proposed to make turnover tax zero per cent for the textile sector. APTMA in its budget...

FBR launches knowledge-base portal

ISLAMABAD: Federal Board of Revenue (FBR) has launched the first version (Beta) of a Knowledge Base Portal for guidance and facilitation of taxpayers....