Gwadar and UAE – an economic paradigm shift

by: Remshay Ahmed There has been a lot of talk of whether Gwadar will overtake Dubai in the future, given the amount of...

Increase in DC rate, new taxes perturb realtors

LAHORE The increase in deputy commissioner (DC) rate and new taxes have perturbed the real estate agents. Real State Association and Defence Housing Authority...

FBR devises strategy for enhancing revenue during FY2017-18

ISLAMABAD The Federal Board of Revenue (FBR) has devised a fourteen point comprehensive withholding, monitoring, and audit strategy to achieve a billion rupees...

Market daily: PSX falls below 46,000pts after disappointing day

LAHORE Bears dominated the Pakistan Stock Exchange (PSX) again on Tuesday. The indices laid off gains of the previous week although the earnings session...

Careem gets investment from Didi Chuxing to help expand its operations

Lahore: Careem, the leading ride-hailing and internet platform in the Middle East, North Africa, Turkey and Pakistan, today announced a strategic partnership...

Pakistan’s economy shows resilience in wake of several challenges

Islamabad: Despite various challenges the country has been facing on different fronts, the economy has shown positive growth as suggested by various...

FPCCI asks new PM-elect to work on economic stability

Islamabad: Business activities are slowly picking up after the political turbulence emanating from Panama case proceedings, said the Federation of Pakistan Chambers...

PIAF hopeful of economic revitalization

Lahore: The Pakistan Industrial and Traders Associations Front (PIAF) welcomed Pervaiz Malik’s appointment as Federal Minister for Commerce and Textile, hoping he...

Dar to unveil electronic transfer system today for RPO funds transfer to exporters

Islamabad: In an event to be held today at the Federal Board of Revenue, the Finance Minister Ishaq Dar will unveil an...

Pakistan’s petroleum sector attracted $10b investment in last four years

Islamabad: The petroleum sector attracted over $10 billion in foreign investment, despite a tame international oil market during the last four years,...

MSCI Pakistan promotion to result in more cash inflows says: WSJ

NEW YORK - Index provider Morgan Stanley Capital International’s (MSCI) recent reclassification of Pakistan as an emerging market from frontier market status...

SSGC seeks sovereign guarantees for installing LPG air-plants

Islamabad:  According to sources, Sui Southern Gas Company (SSGC) is seeking the federal governments help to offer sovereign guarantees worth for billions...

FBR defers plan to increase property valuation rates

Islamabad: In light of the political instability and volatility in the country, the Federal Board of Revenue has for the time being...

Circular debt of power sector crosses Rs800b

Islamabad: Circular debt in the power sector has reached Rs800b according to Pakistan Electric Power Company (Pepco). It was shared in a recent...

Gender awareness crucial in boosting women’s financial inclusion: IFC/HBL study

ISLAMABAD Providing gender awareness training to employees can help banks attract more female depositors, boosting their morale and providing women with the crucial...