Pakistan requests Karkey to withhold details about ICSID penalty
Islamabad: Karkey Karandeniz, which was awarded damages worth $700m by the International Centre for Settlement of Investment Disputes (ICSID) last month, has...
OGRA jacks up gas prices to meet revenue requirements of gas companies
ISLAMABAD
The Oil and Gas Regulatory Authority (OGRA) while setting the estimated revenue requirement of gas utilities has approved Rs 60 per Million...
PM Abbasi, Nepalese PM agree to boost bilateral trade
NEW YORK
Prime Minister Shahid Khaqan Abbasi met Prime Minister of Nepal Sher Bahadur Deuba on the sidelines of 72nd UN General Assembly...
4 Pakistani companies participate in Heimtextil Russia 2017
KARACHI
Four Pakistani companies participated in Heimtextil Russia 2017 under Trade Development Authority of Pakistan (TDAP).
The Heimtextile Russia 2017 International Trade Fair displayed...
Workers’ remittances life line for country’s external account balance: Jameel Ahmed
KARACHI
National Bank of Pakistan (NBP), the largest public sector bank in the country, recently launched a campaign specifically designed to create awareness...
Mastercard, Inov8 boost cashless payments with launch of ‘FonePay’
KARACHI
In a collaboration aimed at driving the wider adoption of cashless payments in Pakistan, Mastercard, a leading technology company in the global...
Market daily: politics spoils show at PSX trading
LAHORE
The Pakistan Stock Exchange (PSX) took another turn on Thursday with a fresh wave of turbulence in domestic politics. As political temperatures rose, market...
World Bank urges Punjab govt to focus on rising cases of acute malnutrition
LAHORE
The World Bank has called the Punjab government’s attention to focus on malnutrition, following the increase in cases of acute malnutrition in...
Telecom companies paid Rs42,549b taxes during last five years
Islamabad: Pakistan’s telecom companies are said to have paid an amount of Rs 42,549.3 billion tax during last five years.
The major contribution in...
OGRA sets UFG benchmark rate at 6.3pc for SNGPL and SSGC
Islamabad: A local newspaper reported Oil and Gas Regulatory Authority (OGRA) had permitted state-owned gas utilities to recover 6.3pc unaccounted-for-gas (UFG) losses...
MCC takes back subsidy demand on Saindak copper and gold project
Islamabad: A local newspaper reported that Metallurgical Corporation of China (MCC) has taken back its demand of providing subsidy in form of...
Alibaba’s acquisition of Telenor Bank could alter dynamics of e-commerce in Pakistan
Islamabad: Apropos to a report by Profit on Tuesday, sources in State Bank of Pakistan have confirmed that it had received a...
FBR seeks banks’ support to boost filing of income tax returns
ISLAMABAD
Federal Board of Revenue (FBR) has started contacting country's banks and financial institutions as part of an outreach programme to boost the...
Senate body reviews proposed amendments in Finance Bill
ISLAMABAD
Senate Standing Committee on Finance, Revenue and Economic Affairs reviewed the implementation of amendments in Finance Bill 2017 proposed by the committee.
The...
PIAS’17 invites aspiring auditors to ponder over challenges, way forward in auditing
LAHORE
Pakistan Internal Audit Summit 2017 took place at a local hotel here, on Wednesday. The event featured presentations and panel discussions by...