SBP, FBR launch online collection of taxes and duties
KARACHI: The State Bank of Pakistan (SBP) and Federal Board of Revenue (FBR) today formally launched its online tax collection system. This...
Govt, Asian Development Bank sign agreements to enhance power transmission
ISLAMABAD:Â Government of Pakistan and Asian Development Bank (ADB) signed loan and project agreements amounting $260 million for the Second Power Transmission Enhancement...
Woman dies after being hit by Uber self-driving car
SAN FRANCISCO: An Uber self-driving car hit and killed a woman crossing the street in Arizona, police said on Monday, marking the...
China to open up its economy further, as global trade wars intensify
BEIJING: China will open up its economy further, and its door to the outside will only get wider, with foreign and domestic...
Draft Water Policy to be tabled in CCI meeting on Wednesday
ISLAMABAD: The draft National Water Policy which has been marred by delays has proposed establishment of water resources on a priority basis...
Rupee depreciates to Rs118 against US dollar amid economic strains
LAHORE: The rupee depreciated Rs7.5 against the US dollar to Rs118.0 in the inter-bank market on Tuesday morning compared to its closing...
CAP pushing EDB to permit imports of heavy construction machinery for CPEC
ISLAMABAD: Contractors Association of Pakistan (CAP) is pushing the Engineering Development Board (EDB) to permit imports of heavy construction machinery, Euro-II compliant...
Unilever to invest $120 million for expansion of manufacturing operations across Pakistan
KARACHI: Unilever Pakistan on Monday announced a foreign direct investment of $120 million for expanding its manufacturing operations across the country over...
Govt gives go-ahead to construct Diamer-Bhasha dam
ISLAMABAD: After a prolonged delay, Pakistan on Monday gave go-ahead for the establishment of Diamer-Bhasha dam at an initial cost of Rs625...
PSX officials express hope govt to resolve tax problems affecting bourses growth
KARACHI: A meeting held between Pakistan Stock Exchange’s (PSX) officials and Adviser to Prime Minister on Finance Miftah Ismail was held on...
POL products’ consumption up by 9.7 pc, production by 3.2 pc
ISLAMABAD: The consumption of petroleum products registered a growth rate of 9.7 per cent during the fiscal year 2016-17 as compared to...
Tractor production grew by 50.23 pc in seven months of current FY
ISLAMABAD: Tractors manufacturing in the country witnessed 50.23 per cent growth during first seven months of the current financial year as compared...
Telecom sector grows at rapid pace in four years
ISLAMABAD: Growth momentum of the telecommunications sector in the country has grown at a rapid pace and undergone an impressive transformation over...
BISP, NRSP sign $35 mn agreement on business incubation programme
ISLAMABAD:Â Benazir Income Support Program (BISP) and the National Rural Support Programme (NRSP) Monday signed a Memorandum of Understanding (MoU) to lay out...
One-window operation urged to avoid unnecessary delays in CPEC execution
ISLAMABAD:Â The government remains optimistic about CPEC amidst provincial and regional concerns of tax exemptions to a Chinese company and lack of clarity...