Adviser to PM on Finance holds meeting with SECP, PSX

ISLAMABAD: Adviser to Prime Minister on Finance, Miftah Ismail held a meeting with the Securities and Exchange Commission of Pakistan (SECP) and...

Unabated increase in cement prices to wreak havoc on middle-class: Fayyaz Ilyas

KARACHI: Association of Builders and Developers (ABAD) Senior Vice Chairman Fayyaz Ilyas said that cement is the most important input in the...

Active taxpayers list 2017 reveals startling decline

ISLAMABAD: The Federal Board of Revenue released the Active Taxpayers List for tax year 2017 and revealed a steep decline of over...

Pakistan labour force exports to Saudi Arabia plunged 40 percent in 2017

ISLAMABAD: As Middle Eastern countries tighten the screws on human resource exports, Pakistan labour export to Saudi Arabia has plunged by 40...

Circular debt breaks all barriers, touches record Rs922 billion

ISLAMABAD: The nightmare of Pakistan’s energy circular debt continues its upward surge, as it broke all records to touch Rs922 billion by...

Pakistan won’t be placed on FATF’s blacklist, says: Miftah Ismail

ISLAMABAD: Adviser to Prime Minister on Finance, Miftah Ismail has said Pakistan’s listing on FATF’s grey list would not have any negative...

Stringent fines expected if coal power projects not completed on time

LAHORE: Any prolonged delays in coal-fired power projects being established in Sindh, would be penalized heavily said the government as it would...

Govt goes overdrive, expects to present budget by May 4th

ISLAMABAD: As elections are looming, the government has gone overdrive in preparation for its last budget which it expects to present on...

Yuan holds immense potential for settlement of cross-border trade deals: SCB

KARACHI: There is loads of potential for the utilization of yuan for settlement of cross-border trade deals between Pakistan and China, said...

SBP presents draft law to parliamentary panel for curbing money laundering

ISLAMABAD: To rein in money laundering, State Bank of Pakistan has suggested a legal amendment which would permit law-enforcing agencies to question...

OGRA advises OMCs to develop retail outlets in vicinity of supply point, depot

ISLAMABAD: Almost failed to make the licensed oil marketing companies (OMCs) comply with the clause stipulating construction of oil storages over past...

Multan-Sukkur Motorway awarded as per rules, no “irregularities”, NHA clarifies

ISLAMABAD: National Highway Authority (NHA), in response to certain media reports about alleged " irregularities"  in the award of Multan-Sukkur Motorway, has...

Cement prices to go up by Rs50 per bag

LAHORE: Cement manufacturers nationwide have decided to jack up cement price by Rs50 per bag after the hike in fuel prices recently....

Minister of State for Finance, Rana Afzal meets Afghan delegation

ISLAMABAD: Minister of State for Finance Rana Mohammad Afzal had a meeting with the Afghan delegation attending the Pak-Afghan Joint Committee (PAJC) meeting...

Market Daily: KSE 100 continues to rally for third session, gains 271 points

LAHORE: Bulls of the Pakistan Stock Exchange (PSX) showed strength on Thursday as the cement sector advanced. The star sector since the...