PM’s aide hails PSX for outperforming regional markets

ISLAMABAD: Advisor to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh on Monday appreciated the strong performance of the Pakistan...

Australian company keen to invest in Pakistan’s renewable energy sector

PM assures Fortescue Metals Group chairman of all possible facilitation in undertaking business ventures in Pakistan

NEECA starts energy audit of gas-based captive power plants

ISLAMABAD: The National Energy Efficiency and Conservation Authority (NEECA) has initiated an energy audit of gas-based captive power plants (CPPs) through independent consulting...

Another ship carrying 65,000MT wheat reaches Pakistan

With the arrival of the second vessel, total import of wheat from Ukraine has now totalled 125,804 metric tonnes

Razak Dawood urges exporters to focus on high-end manufacturing

Adviser to the Prime Minister on Commerce and Investment Abdul Razak Dawood has assured the country's exporters of his all-out support and...

Weekly inflation rises 0.8pc

ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation for the week ended on September 3 witnessed an increase of 0.80pc as compared to...

Study reveals flaws in Pakistan’s long-term power capacity plan

In a recent study conducted by the Institute of Energy Economics and Financial Analysis (IEEFA), in collaboration with the Alliance for Climate...

NA body orders shifting of govt deposits to Islamic mode

--Chairman says NA committee 'cannot wait another two years' for govt to fully convert banking system into Islamic mode --PML-N's Ahsan Iqbal accuses...

President says reforms underway to ensure ease of doing business

--Dr Alvi stresses the need for branding of Pakistani products  --Razak Dawood assures businessmen of further reduction in duties and tariffs ISLAMABAD: President Dr...

Govt mulls investing in coastal tourism to earn $5bn revenue per annum

ISLAMABAD: The federal government is mulling to take immediate measures to promote coastal tourism in the country, as the development of Pakistan's...

KP Revenue Authority reduces sales tax on 29 services

Sales tax on construction services lowered from 15pc to 2pc; hotels, restaurants, guest houses to be taxed at 8pc

Cement despatches slow down in August 

--Overall despatches drop from 4.83m tonnes in July 2020 to 3.52m tonnes in Aug --APCMA attributes the slow down to heavy rains, Eidul...

COAS promises support for businessmen of rain-struck Karachi

KARACHI: Chief of Army Staff (COAS) General Qamar Javed Bajwa has assured help for the entrepreneurs in Karachi, as trade and commerce...

FBR significantly changes the taxation of capital gains on disposal of immovable property

ISLAMABAD: Federal Board of Revenue (FBR) has made significant changes in the taxation of capital gains on disposal of immovable property.  The changes...

Pakistan’s exports plunge 19.5pc YoY in August

PM's commerce adviser attributes the fall to 'unprecedented monsoon rains' which disrupted the supply chain