Civil society lauds federal cabinet’s decision to ban sale of loose cigarettes

ISLAMABAD: The Network for Consumer Protection on Tuesday applauded the federal cabinet’s decision to ban the sale of loose cigarettes in a bid...

World Bank, SDPI: Urgent need to implement trade policy

ISLAMABAD: Prominent speakers have urged upon the government to implement a trade policy without delays for a desirable economic future. They said this during...

Petroleum prices in Pakistan still lowest in South Asia: Senate told

ISLAMABAD: Following the recent hike in petroleum prices, States and Frontier Regions Minister Abdul Qadir Baloch said petroleum prices in Pakistan are still...

PTDC, STFP announce support for Pak-UAE Property Show 2018

ISLAMABAD: Pakistan Tourism Development Authority (PTDC) and Sustainable Tourism Foundation Pakistan (STFP) have announced support for the premier show for property, builders, and...

ECNEC approves projects over Rs80 billion

ISLAMABAD: The Executive Committee of the National Economic Council (ECNEC) under the chair of Prime Minister Shahid Khaqan Abbasi has approved eight...

NAB chairman orders investigation of illegal appointments in SECP

KARACHI: The appointment of Hafiz Yousaf, Senator Osman Saifullah and other employees of the Securities and Exchange Commission of Pakistan (SECP) in the...

Senate passes Corporate Rehabilitation Bill 2018

ISLAMABAD: The Senate has passed the amended Corporate Rehabilitation Bill, 2018. It provides the mechanism for rehabilitation of the distressed companies, which is...

Pakistan partners with USAID to streamline trade and customs procedures

KARACHI: The United States Agency for International Development (USAID) and the Government of Pakistan’s Federal Board of Revenue partnered to host a...

‘The Wolf of Wall Street’ producers face lawsuit, fined $60 million

KUALA LUMPUR: The company behind the 2013 film, “The Wolf of Wall Street”, agreed to pay the United States government $60 million...

Japan to penalise cryptocurrency exchanges

TOKYO: Japan’s financial regulator will this week slap several cryptocurrency exchanges with administrative punishment notices and is considering forcing some to suspend...

Saudi government seeks to resolve Islamic tax dispute with banks

DUBAI: Crown Prince Mohammed bin Salman has directed the Saudi government to resolve a dispute with banks facing higher Islamic tax liabilities,...

NAB authorises inquiry against Azgard Nine, Agritech Limited

LAHORE: National Accountability Bureau (NAB), in a notice to the Pakistan Stock Exchange (PSX) informed that it has authorised an inquiry against owners...

NEC meeting discusses federal development budget

LAHORE: The National Economic Council (NEC) discussed important matters related to the federal development budget in a meeting held on Wednesday in...

Silk Bank announces Rs1135.2mn profit after tax for 2017

LAHORE: The Board of Directors of Silkbank Limited, in its meeting held on March 06, 2018, reviewed the performance of the bank and...

Pakistan’s real estate is thriving: Report

LAHORE: Pakistan’s real estate is soaring as house prices have more than doubled in Lahore, Karachi and Islamabad according to real estate...