Oracle Power completes acquisition of Sindh Carbon Energy
LONDON: Oracle Power PLC saw its shares jump on news it is to take full ownership of the company that owns the mining...
Saudis to welcome Pakistanis with relaxed rules
ISLAMABAD:Â The Kingdom of Saudi Arabia has relaxed its visa policies and reduced visa fees for Pakistanis, and has agreed to set up...
JMC sketches roadmap for Saudi-Pak cooperation
ISLAMABAD:Â The Pakistan-Saudi Arabia Joint Ministerial Commission (JMC), after holding detailed deliberations for two days, drew a roadmap for future cooperation between the...
SBP launches Systemic Risk Survey
KARACHI:Â State Bank of Pakistan (SBP), has rolled out a Systemic Risk Survey (SRS) to gauge the views of market participants and experts...
FIA-CBC unearths fraud in DIBPL
KARACHI:Â Federal Investigation Agency Commercial Bank Circles (FIA-CBC) successfully unearthed a bank fraud in Dubai Islamic Bank Pakistan Limited (DIBPL) arresting three accused...
Government working on multipronged strategy to reform tax structure: PM
ISLAMABAD:Â Prime Minister Shahid Khaqan Abbasi while speaking at the Pakistan Economic Forum in Islamabad on Wednesday said that the government is working...
Government taking steps for revival of sick industrial units: State Minister for Finance
ISLAMABAD:Â Minister of State for Finance Rana Muhammad Afzal Khan has said that the government is taking various steps for the revival of...
National workshop on bio-fertilisers to be held on Wednesday
ISLAMABAD:Â The Pakistan Agricultural Research Council (PARC) is organising a day-long national workshop on January 17 regarding bio-fertiliser development, commercialisation and legislation in...
Senate body urges NBP to promptly meet financing needs of sugar mills
KARACHI:Â Senate's Standing Committee on Finance and Economic Affairs has advised the National Bank of Pakistan (NBP) to promptly meet the financing requirements...
Ministry of Commerce finalises e-commerce policy
ISLAMABAD:Â After an exercise of around two years, Ministry of Commerce (MoC) has finalised the policy framework for e-commerce and digital trade which...
Country’s direct investment dips by 2.8pc to $1.382bn in July-Dec 2017
KARACHI: The country’s Direct Investment (DI) has dipped again by 2.8 per cent to $ 1.382 billion during the first half of...
Overseas Pakistanis worried over taxation
ISLAMABAD: A delegation of the Overseas Pakistanis Commission Punjab (OPC) met with Adviser to Prime Minister on Finance Dr Miftah Ismail here...
Revised real estate valuation rates to boost revenue collection: FBR
ISLAMABAD:Â According to the Federal Board of Revenue (FBR), the recent adjustment of real estate valuation rates in selected areas of some major...
Telenor stops deducting withholding tax in Gilgit-Baltistan
ISLAMABAD:Â Telecommunication company Telenor has informed its subscribers through SMS that the deduction of withholding tax in Gilgit-Baltistan will be stopped from January...
Govt to sell PSM land to settle debts, lay off employees before privatisation
ISLAMABAD:Â As the government of Pakistan decides to lease out Pakistan Steel Mills (PSM) as the last resort, it has finalised plans to...