Senate unanimously approves the draft Companies Bill, 2017
The Senate on Monday unanimously approved the draft Companies Bill, 2017. Earlier, on February 6, 2017, the National Assembly had passed it,...
Govt taking steps to ease tax payment mechanism: BOI
The Board of Investment (BoI) has said government's focus was on tax reforms and further steps to ease payment of tax mechanism...
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...
Pakistan’s dairy sector’s potential worth €20 bn: UAE ambassador
The Ambassador of United Arab Emirates H E Mr Essa Abdullah Al Basha Al Noaimi said that if developed on modern lines,...
PEW sees economic improvement despite trade deficit
ISLAMABAD: The Pakistan Economy Watch (PEW) has said that Pakistan's economic indicators, despite showing some serious concerns in the trade deficit, are...
SECP’s compliance with IOSCO standards rises to 83pc
ISLAMABAD: The International Organization of Securities Commissions (IOSCO) has enhanced Pakistan’s compliance level with the IOSCO principles to 83 per cent, which...
Trade associations relieved over SC verdict, foresee long term stability
The leaders of major trade associations have expressed relief over the Supreme Court’s (SC) verdict. They stated that the verdict had cleared...
Pakistan signs 40-year deal with China for Gwadar port operation
The Minister for Ports and Shipping Mir Hasil Khan Bizenjo Thursday apprised the Senate that Pakistan has signed a 40-year agreement with...
KSE-100 falls to year’s low
LAHORE
Political turmoil continues to dampen investor’s confidence as the Pakistan Stock Exchange (PSX) came crashing down to low of the year.
The benchmark...
US leaves door open to China on trade talks at G20
The United States is open to further negotiations with China on their ongoing trade battle but any potential deal will wait until...
Overseas Pakistanis remit $3.5bn, up by 13.17pc in first 2 months of FY17-18
KARACHI
Overseas Pakistani workers remitted $ 3.496 billion, up by 13.17 per cent in the first two months (July to August) of 2017-18,...
PM directs power ministry, heads of DISCOs to improve efficiency
ISLAMABAD
Prime Minister Shahid Khaqan Abbasi Friday directed Ministry of Power and the heads of the power distribution companies (DISCOs) to come up...
World Bank has not suspended support loans: Finance Division Spokesman
ISLAMABAD: A finance division spokesman has strongly contradicted a report titled: “World Bank ends budgetary support program for Pakistan”. A section of...
NAB to focus on taking action against big fish
KARACHI: Chairman NAB, Justice (retd) Javed Iqbal said that corruption is a curse as fighting such menaces is tantamount to waging Jihad.
Addressing...
Pakistan’s corporatisation: Senate Standing Committee approves Companies Bill
The Senate Standing Committee on Finance, Revenue, Economics Affairs, Statistics and Privatisation has approved the Companies Bill, 2017, after proposing certain important...