Pakistan rated as top destination for Japanese investors

TOKYO: In a survey released by Japan External Trade Organisation (JETRO) this month, Pakistan was ranked top in Asia for Japanese investors. Board...

Gwadar Expo showcased security threat instead of investment opportunities: Report

LAHORE: The Gwadar Expo held last month attracted over 8,000 delegates but was held in a climate of fear instead of being...

Parliamentary panel pushes resolution to clear Rs505m salaries of PSM employees

ISLAMABAD: To clear salary arrears of Rs505 million of Pakistani Steel Mills’ (PSM) employees, Senate Standing Committee on Industries has sent a...

Pakistan tweaks rules in accordance with OECD to restrict tax avoidance

ISLAMABAD: Pakistan has tweaked its legal framework in accordance with Organization for Economic Cooperation and Development (OECD) for restraining tax avoidance by...

Over 150 companies submit bids for Sheikhpura-Peshawar oil pipeline

ISLAMABAD: The Sheikhpura-Peshawar oil gas pipeline received a heartening response with over 150 entities buying tender documents to take part in the...

Profit repatriation increased 26pc, touch $1.343b during July-Jan of FY18

KARACHI: Data released by the State Bank of Pakistan (SBP) on Monday revealed foreign entities repatriated $1.343 billion in profit to their...

CCI directs provinces for setting up of priority SEZs under CPEC

ISLAMABAD: The Council of Common Interests (CCI) on Monday directed provinces to submit bankable proposals/documents for establishment of priority Special Economic Zones...

UBL sees no potential compliance irregularity

KARACHI: United Bank Limited (UBL) has limited its operations in New York, according to a research report issued by a brokerage on...

Market Daily: KSE 100 opens week to a turbulent session

LAHORE: The Pakistan Stock Exchange (PSX) saw another day of dull sessions where low participation and selling in index heavyweight sectors including...

Philippines to import 1.5mn metric tonnes of rice from Pakistan

ISLAMABAD: The Philippines is willing to import 1.5 million metric tonnes (MT) of rice from Pakistan as the two countries have agreed...

No plan to sell Roosevelt Hotel in New York: NA body told

ISLAMABAD: The Standing Committee on Parliamentary Affairs on Monday was apprised that the Aviation Division had no plans to sell the Rossevelt...

Shell sees potential LNG supply shortage as global demand surges

LONDON: The global Liquefied Natural Gas (LNG) market has continued to defy expectations of many market observers, with demand growing by 29...

Board of Investment chairman calls for enhanced Japanese investment in Pakistan

ISLAMABAD: Minister of State and Board of Investment Chairman Naeem Y Zamindar, who is visiting Japan, addressed a special meeting of the...

Karachi experiencing revival of economic activity: Ahsan Iqbal

KARACHI: There was a time when business community in Karachi was relocating their businesses to other countries but now the phenomenon has...

Govt approves scheme to offer one million additional gas connections before elections

ISLAMABAD: As countdown to election starts, the PML-N government has accelerated the drive of offering one million additional gas connections for domestic...