Experts call for incentivising documentation of economy
KARACHI: Tax experts demanded on Monday that the immunity under Foreign Currency Accounts (Protection) Ordinance 2001 should be removed to improve the...
Domestic borrowing in control, govt striving to curb trade deficit: Rana Afzal
ISLAMABAD: State Minister for Finance, Rana Muhammad Afzal Khan said Monday that the situation regarding domestic borrowing is not alarming.
Responding to a...
SECP reveals 19 per cent increase in new companies registration
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) in February has registered 1,021 new companies. As compared to the corresponding month...
FPCCI fails business community, causes international embarrassment
ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) as a national chamber has lost its credibility to represent the...
Pakistan and China strengthening relationship at Washington’s cost
LAHORE: China in an attempt to bolster its regional influence at Washington’s expense has increased it's diplomatic, economic and strategic ties with...
Fidelity puts 6 million savers on risky path to retirement, claims special report
BOSTON: For three years, the mutual funds in Fidelity’s flagship retirement franchise have outperformed at least 85 percent of their competitors, reversing...
Surgical goods, medical instruments worth $221.298mn exported
ISLAMABAD: Surgical goods and medical instruments worth $221.298 million were exported in the first seven months of the current financial year as compared...
Analysts estimate increase of Rs6 per share to ASTL after SITE expansion
LAHORE: In Amri Steels Ltd's (ASTL) latest notice to the exchange it had informed about finalisation of its plans regarding the Balancing,...
Oil sales down 18 per cent YoY in February 2018
LAHORE: Pakistan's oil sales declined by 18 per cent YoY to 1.5 million tonnes mainly on the back of a sharp drop in...
Government directs OMCs to prioritise sale of domestic petrol
The federal government in a bid to minimise loss of foreign exchange and misuse of inland freight equalisation margin (IFEM) has directed...
Market Daily: KSE 100 gains 88.58 points to start the week
LAHORE:Â The Pakistan Stock Exchange (PSX) had a lazy start to the week. Despite timely Senate election; Pakistan stocks closed flat on the...
Tri-Pack’s share price surges, amidst announcement of Rs2.2bn investment
LAHORE: Tri-Pack Films Limited in a notification to Pakistan Stock Exchange (PSX) on Monday announced that it has approved investments amounting to...
Automotive sector down 7.1pc, while cements lacked 6.1pc in February
LAHORE:Â Investors at the Pakistan Stock Exchange (PSX) had a mixed month of February. Political uncertainties mostly led investor confidence amongst a severe...
Pakistan Biggest Auto Show 2018 concludes with a huge turnout of 300,000 visitors
LAHORE: The Pakistan Auto Show 2018 concluded at the Expo Centre in Lahore. The three-day grand event, organised by the Pakistan Association of...
PM House initiates inquiry into illegal appointment of officials at MoST
ISLAMABAD: After the allegation of state ministers of Ministry of Science and Technology (MoST) Mir Dostain Khan Domki regarding illegal appointments in...