Pak-Afghan border smuggling trade stands at $3b

LAHORE: Pakistan-Afghanistan Joint Chamber of Commerce and Industry (PAJCCI) has valued the lucrative smuggling trade at more than $3b, which is more...

NHA initiated Rs1.5t road projects in last four years

ISLAMABAD: Outgoing National Highway Authority (NHA) Chairman Shahid Ashraf Tarar said on Tuesday that road infrastructure projects worth over Rs1.4 trillion have been...

Filing of income tax returns touched 0.58m by end of October

ISLAMABAD: Federal Board of Revenue suffered a setback as number of income tax filers has registered a fall of less than half...

Pakistan drops to 147th in World Bank’s Ease of Doing Business Index

ISLAMABAD: World Bank released its Ease of Doing Business Index report on Tuesday, which revealed Pakistan’s ranking has dropped to 147th among...
Pakistan China FTA

Russia, Pakistan lead in B&R cooperation

BEIJING: Russia and Pakistan rank first and second on a list of 64 countries and regions in terms of cooperation with China...

SECP incorporates 8286 companies in FY 2017 compared to 6200 companies in FY 2016

ISLAMABAD: Improvement in the macroeconomic environment of the country has led to the increased incorporation of companies in FY 2017. The Security...

Market Daily: KSE 100 plunges 1488.22 points in two days

LAHORE: Pakistan Stock Exchange (PSX) has taken a huge loss as PSX lost 707.18 points today bringing the total points down by...

Exxon Mobil’s exit to jeopardise Pakistan’s LNG plans

ISLAMABAD/LONDON: Exxon Mobil has pulled out of a major project in Pakistan, in a potential blow to plans to boost imports of...

Govt mulls offering incentives, rewards for completion of projects before elections

ISLAMABAD: To incentivize, the government is mulling offering rewards to officers and staff responsible for new gas and electricity projects in the...

Central bank may intervene in open market to stave off pressure on PKR

KARACHI: As pressure keeps mounting on the rupee in open market due to immense demand of the greenback, there are chances that...

Soyabean, palm oil imports increase in first quarter

ISLAMABAD: Edible oil imports including soyabean and palm into the country during first quarter of current financial year rose by 78.11 percent...

Pakistani banks ignored as Chinese financing dominates CPEC

LAHORE: Pakistani banks are missing out on the China-Pakistan Economic Corridor (CPEC) boom as Chinese financial institutions fill in the gap of...

Weekly inflation witnesses nominal increase of 0.05pc

ISLAMABAD: The Sensitive Price Indicator (SPI) based weekly inflation for the week ended on October 26 for the combined income groups witnessed...

Afghan fresh fruit export to Pakistan plummets 80pc

KABUL: The Afghan government and farmers tasted the first bitter pill as export of fresh fruit to Pakistan has “decreased by almost...

Finance ministry finally moves on to identify public debt management risk and operations

LAHORE: Ministry of finance has initiated to identify and manage market and credit risks operations by finalising the hiring of four out of seven...