ICSID accepts Pakistan’s evidence in Reko Diq mining contract, claims AG
Attorney General of Pakistan, Ashtar Ausaf has claimed that the International Centre for Settlement of Investment Disputes (ICSID) has accepted Pakistan’s evidence...
PM calls for full utilisation of FTA between Pakistan, Sri Lanka
Prime Minister Nawaz Sharif has said that Pakistan and Sri Lanka need to fully capitalise on the Free-Trade Agreement (FTA) signed between...
KSE-100 index closes the week in red
Pakistan Stock Exchange (PSX) KSE-100 index lost 46 points or -0.09pc to end Friday's trading session at 48,971.05. Trading at the benchmark index largely...
FBR considering common reporting platform to facilitate tax collection
The Federal Board of Revenue (FBR) is planning to bring common returns filing and tax payment system under the head of sales...
Govt releases Rs 27b for new gas schemes in a bid to win voter support
Prime Minister (PM) Nawaz Sharif has decided to release Rs27b development funds to allow new gas supply schemes in constituencies of around...
PIA CEO seeks govt support in price war with Gulf airlines
The chief executive (CEO) of Pakistan International Airlines (PIA) Bernd Hildenbrand has called upon the government to assist the national carrier in fighting a price war...
Cabinet to discuss outsourcing of airports
The Cabinet meeting chaired by Prime Minister Nawaz Sharif is scheduled for Friday to consider outsourcing of airports in an attempt to...
Chambers to hoist black flags until withdrawal of FBR’s ‘discretionary powers’
The Federal Board of Revenue (FBR) has been given a deadline of April 10 by trade and industrial associations across the country...
Budget to be announced before Ramazan
The federal government has decided to present the budget for the upcoming fiscal year 2017-18 before the start of Ramazan. Increasing GDP...
Shariah Compliant sector expected to touch $17.6b by 2018
Islamic banking services will maintain its growth push in Pakistan, as assets of Shariah compliant sector will touch $17.6b by 2018, as...
NA approves Public Private Partnership Authority Bill 2017
National Assembly on Wednesday passed 'The Public Private Partnership Authority Bill', 2017' as well as 'The Pakistan Commission of Inquiry Bill, 2017'....
Another trip to the IMF?
Pakistan has gone to the International Monetary Fund (IMF) many times for the ‘last time.’ This time it was for a 36-month...
FBR considers strict measures to meet revenue targets
Federal Board of Revenue (FBR) is planning to adopt strict measures to meet the tax revenue target for FY 2016-17, media sources...
Pakistan and Iran to reopen banking channels
State Bank of Pakistan (SBP) and the Central Bank of Iran (CBI) are expected to sign an agreement in the next week...
‘Pakistan First’ approach to strengthen domestic industry, asserts PBC
Initiating a “Pakistan First” approach on the lines of “America First” will help in strengthening the domestic industry and in invigorating stakeholders,...