Saudi’s Kingdom Holding buys 7% of Careem ride app
Riyadh: Saudi Arabia’s Kingdom Holding Co. said on Thursday it has bought a stake in car ride-hailing business Careem, its latest venture...
Balochistan govt unveils Rs 328 bn budget for FY 2017-18
QUETTA
PML-N led Balochistan coalition government on Thursday unveiled provincial budget for fiscal year 2017-18 with a total outlay of Rs 328 billion.
"The...
AJK budget worth Rs 94.41 billion presented in legislative assembly
MUZAFFARABAD
Azad Jammu and Kashmir tax free budget for the fiscal year 2017-18 amounting to over 94.41 billion rupees was presented in the...
Govt should attract Chinese investment in SME sector: FPCCI
ISLAMABAD
The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) on Thursday said Government must develop an effective strategy to attract Chinese...
Federal budget evokes mixed reactions from American investors
KARACHI
Welcoming government’s decision on exemption of sales tax till June, 2019 on the exports of IT services from Islamabad and other Federal...
PSX ends another day in red as PM appears before JIT
KARACHI
Local investors and funds remained cautious, citing political disturbances while foreign investors accumulated at lower levels, according to data maintained by the...
Amendments to FRDL Act 2005 redefines “public debt” again
Islamabad: In the newly introduced Finance Act 2017, the Federal government has once again changed the very meaning of public debt in...
OICCI disappointed over no sales tax cut by Punjab govt in provincial budget
Lahore: The Overseas Investors Chamber of Commerce and Industry (OICCI) on Wednesday flayed the Punjab government and expressed regret for not reducing the...
ECC may permit gas utilities to raise Rs175b loan from commercial banks for laying new pipeline
Islamabad: State owned gas utilities are expected to be granted permission to raise Rs175b from commercial banks for the installation of a...
SBP introduces new amendments to control money laundering
Karachi: On Wednesday, the State Bank of Pakistan (SBP) made a number of changes in respect to regulations for anti-money laundering and...
Thar power projects to be completed ahead of schedule
Islamabad: The Thar coal mining and 660MW power project in Thar Block II will be completed ahead of the scheduled time; the...
Nadra requested to assist FBR in determining potential tax payers
Islamabad: Khalid Iqbal Malik, President Islamabad Chamber of Commerce and Industry, has called upon the National Database & Registration Authority (NADRA) to...
Increased demand of Pakistani mangoes enhances export earnings
Multan: The standards introduced by European Union (EU) countries are being achieved successfully by mango farmers and exporters through government support that...
Pakistani rickshaws make headway into Japan
Islamabad: Japan has traditionally been a major market for car buyers, but things are looking up for Pakistan as a local company...
Second LNG terminal faces mounting operational delays
Islamabad: The efforts to finish Pakistan’s second Liquefied Natural Gas (LNG) terminal has hit the snags and forced the government to defer...