Punjab offers lucrative investment opportunities in all sectors: OPC VC
LAHORE: Vice Chairperson Overseas Pakistanis Commission (OPC) Punjab Senator Shaheen Khalid Butt has said that the Punjab province offers lucrative opportunities for...
China to provide assistance for PIA, aviation industry
ISLAMABAD: Pakistan and China have mutually agreed on extending their bilateral relations and to work collectively for the betterment of Pakistan International...
Economic stability, law and order has boosted confidence of foreign investors: PM
ISLAMABAD: Prime Minister Shahid Khaqan Abbasi Monday said that Pakistan has achieved significant economic stability and with the improved law and order...
Pakistan prepares to open banking channel with Iran
ISLAMABAD: While Pakistan remained cautioned and reluctant to increase trade ties with Iran during the past four years because of international trade sanctions...
Market Daily: Indices settle flat after a volatile session
LAHORE: The Pakistan Stock Exchange (PSX) was off to a weak start, as it took inspiration from regional markets following a global...
Devaluation to hit poor, boost profits for influential sectors: PEW
ISLAMABAD: The Pakistan Economy Watch (PEW) on Monday said devaluation will increase the burden on poor, increase foreign debt and liabilities while...
CCP recommends FBR to amend RFP clauses for tobacco track and trace system
KARACHI: The Competition Commission of Pakistan issued a policy note to the Federal Board of Revenue (FBR), with the recommendation to amend...
Banking spread shrinks to historic low
KARACHI: In a surprising development, the average banking spread shrank in February despite a hike in the benchmark interest rate at the...
PAMA calls for reducing input tax rate on tractors
KARACHI: Pakistan Automotive Manufacturers Association (PAMA) has requested the government to reduce the input tax rate on tractors, which is resulting in a...
ICAP calls on prime minister, stresses need for tax reforms
KARACHI: A delegation of Institute of Chartered Accountants of Pakistan (ICAP) led by its President Riaz A Rehman Chamdia called on Prime...
Committee discusses Pak relations with ASEAN, resolves to boost trade
ISLAMABAD: The Standing Committee on Commerce and Textile met under the chairmanship of MNA Siraj Muhammad Khan in Parliament House on Monday and...
Govt rejects notions of hesitation in implementing ADP 2016-21
ISLAMABAD: The authorities have rejected notions regarding perceived hesitation in execution of the Automotive Development Policy 2016-21.
In a telephone interview to Dawn,...
Shanghai Electric withdraws bid to acquire 66.4 percent of K-Electric
LAHORE:  A notification sent to Pakistan Stock Exchange (PSX) on Monday by K-Electric revealed Shanghai Electric Power Company Limited had withdrawn its offer to...
FBR, Commerce division clash over revised China-Pakistan FTA
ISLAMABAD: The Federal Board of Revenue and Commerce division are said to have clashed over the China-Pakistan revised Free Trade Agreement (FTA).
This...
LHC stops government from implementing Audit Policy 2016
ISLAMABAD: The Lahore High Court (LHC) has stopped the federal government from implementing new audit policy due to transparency fears in selection...