Indecisiveness over Panama leaks adversely impacted development/business activities
Though the Supreme Court of Pakistan is all set to announce its long-awaited verdict in the Panamagate case on Thursday (today), the delayed announcement...
Budget Proposals 2017-18: PAMA seeks cut in duties on tractor industry
Pakistan Automotive Manufacturers Association (PAMA) has requested the government to abolish customs duty, additional customs duty, and reduce the rate of input...
Market witnesses highest ever points swing since IK’S Dharna called off on Nov 1, 2016, says Topline Securities
KSE-100 witnessed the most volatile session (hi/lo spread of 3.56pc) since Nov 1, 2016, with the index witnessing 1668 points intraday stock...
Sialkot should become an SEZ, suggests SCCI President
Sialkot Chamber of Commerce and Industry (SCCI) President Majid Raza Bhutta suggested on Tuesday that Sialkot Export Processing Zone (SEPZ) be granted...
BOG PIPS approves proposed budget for FY 2017-18
The Board of Governors of Pakistan Institute for Parliamentary Services (PIPS), on Tuesday, met under the leadership of its President, Speaker National...
Recovery of non-tax revenue reviewed by provincial finance minister
A meeting was conducted by Provincial Finance Minister Dr Ayesha Ghaus Pasha on Tuesday to analyse recoveries of non-tax revenue during March...
NA standing committee suggests 2pc cut in GST
The National Assembly Standing Committee on Finance while meeting on Tuesday advocated for reducing General Sales Tax (GST) from the current 17...
NHA awards Rs9.2bn contract for last section of western route under CPEC
The National Highway Authority (NHA) on Wednesday awarded a contract of Rs9.2b to the joint venture (JV) of construction firms SKB and...
Govt offers Alibaba complete support for establishing e-commerce
In a major development, the government has offered complete support to the Chinese e-commerce giant Alibaba to commence its operations in Pakistan...
‘SAARC Investment Outlook’ aims to facilitate businessmen, investors of South Asia
SAARC Chamber of Commerce and Industry (SAARC CCI) has launched its recent publication “SAARC Investment Outlook” to unleash the true potential of...
WB projects Pakistan’s economy to grow at 5.2 pc in 2017
With growth prospects continuing to improve and inflation remaining contained, Pakistan economy would continue to grow at 5.2 percent in 2017, the...
WB projects macroeconomic indicators to grow in future
The World Bank has projected the growth of Pakistan’s industrial sector at 7.7 percent by 2019.
According to the twice-a-year South Asia Economic...
FDI rises by 12pc
Foreign direct investment (FDI) registered an increase of 12.4 pc year-on-year in the first three-quarters of 2016-17 primarily due to funds flowing...
Budget deficit target likely to be set at Rs1.44tr for FY 2017-18
The government is likely to set the next fiscal year’s budget deficit target at around Rs1.44 trillion, owing to the implementation of...
Ministries seek Rs1.8t for development budget 2017-18
Minister for Planning and Development Ahsan Iqbal, on Monday, informed that various ministries and agencies have placed the next year’s demand for...