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...
Income tax exemptions for inward remittances be limited to Rs10m annually: SBP
ISLAMABAD: A presentation by State Bank of Pakistan to Senate Standing Committee on Finance suggested income tax exemption available for inward remittances...
PSM directed to complete audit of retired employees’ dues by June 2018
ISLAMABAD: The Pakistan Steel Mills board of directors has instructed the company’s management to escalate audit of dues of retired employees by...
China, Saudi last-minute betrayal gets Pakistan placed on FATF grey list
KARACHI: Last moment silence by Pakistan’s closest strategic partners China and Saudi Arabia during the second motion moved by the United States...
Islamabad “crown-jewel” of real estate investment, FBR investigation reveals
ISLAMABAD: The Federal Board of Revenue (FBR) has carried out a survey to ascertain the amount of money being invested in Islamabad’s...