SBP introduces annual foreign investment survey to log investment position details
KARACHI: State Bank of Pakistan on Tuesday introduced an annual foreign investment survey to obtain information for recording Pakistan’s balance of payments...
FBR debars tax recovery through bank account attachment without serving prior notice
KARACHI: Tax recovery via freezing of bank accounts has been prohibited by Federal Board of Revenue without prior serving of notices to...
Government to privatise SME Bank, Mari Petroleum, PSM and PIA
ISLAMABAD: While the opposition parties like Pakistan Peoples Party (PPP), Pakistan Tehrik-e-Insaf (PTI) and others are concerned about government’s move of privatising Pakistan...
Business community urged to explore African continent via Mauritius
KARACHI:Â Mauritius High Commissioner Rashid Soobadar has urged the business and industrial community of Karachi to look into the possibility of enhancing trade...
FBR constitute fifteen committees to solve alternative dispute resolution cases
ISLAMABAD:Â Federal Board of Revenue (FBR) has constituted fifteen committees across the country for alternative dispute resolution cases.
FBR constituted a two-member committee in...
DISCOs incurring losses amounting to billions of rupees
LAHORE: PEPCO held a detailed review of the performance of all Distribution Companies during the month of December 2017. The progress of implementation...
Etisalat to pay longstanding $800mn to government
ISLAMABAD:Â Etisalat, holding the company of Pakistan Telecommunication Company Limited (PTCL), which is defaulting $800 million to the government, has finally agreed to...
Government committed to protecting, promoting local industry: Haroon
ISLAMABAD:Â Special Assistant to Prime Minister on Revenue Federal Minister Haroon Akhtar Khan has said that the government is committed to protecting and...
NED hosts Lotte Scholarship Foundation awarding ceremony
KARACHI:Â NED University of Engineering and Technology hosted a LOTTE Scholarship Foundation awarding ceremony on January 18. The event had a great turn...
FFC annual results reflect corporate professionalism
ISLAMABAD:Â Keeping up to the reputation of professionalism and dedication of its workforce and the foresight of the management, Fauji Fertilizer Company (FFC)...
Rs 6 billion 3rd quarter installment released for AJK PSDP
MUZAFFARABAD:Â Federal government has released an amount of Rs 6 billion as the third-quarter instalment for Azad Jummu and Kashmir government for its...
COMSATS to hold 3-day workshop on techno-parks from Tuesday
ISLAMABAD: COMSATS Institute of  Information Technology (CIIT) Islamabad, is organising the first of its kind three-day international workshop from January 30 to February...
Government releases Rs 357.507 billion under PSDP
ISLAMABAD:Â The federal government which announced over a trillion rupees worth development budget last year, has only released Rs 357.507 billion under its...
Only 256 MW added to national grid against allotment of over 41,000 acres land in Sindh
By Aftab Channa
KARACHI:Â In what seems a lethargic attitude of the provincial, as well as the private authorities towards the development of the...
NAB sends notices to defaulting buyers in privatisation of 14 companies
ISLAMABAD: Privatisation Commission (PC) has informed that National Accountability Bureau (NAB) has issued final notices to defaulting buyers of various organisations under...