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 productsÂ
--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 AugustÂ
--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.Â
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
KCCI rejects hike in power tariff, demands immediate withdrawal
KARACHI:Â Karachi Chamber of Commerce & Industry (KCCI) President Agha Shahab Ahmed Khan has said that the announcement of up to Rs2.80 per...
SBP reserves up $71.9m to 12.7bn
The central bank’s foreign exchange reserves increased 0.6pc on a weekly basis, according to data released by the State Bank of Pakistan...
Over Rs538bn added to circular debt in FY20, Senate body told
ISLAMABAD: The Senate's Standing Committee on Power was informed on Thursday that with an addition of over Rs538 billion during the last...
July 2020: US, UK and UAE remain top export destinations for PakistanÂ
Pakistan's exports to China fell from $167m in July 2019 to $105.8m, while exports to Afghanistan dropped from $108.6m to $61.2m
Pak Suzuki raises prices of two-wheelers again
Pak Suzuki Motor Company Limited (PSMCL) has announced an increase in prices for its two-wheelers which is the second increase announced by...
Inflation drops to 8.2pc in August
ISLAMABAD:Â Headline inflation in Pakistan fell from 9.3pc in July 2020 to 8.2pc in August, mainly due to a slight decrease in prices...