ECC likely to take final decision about future gas prices
ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet is set to decide either to fully pass on the hike in gas...
Abraaj in doldrums, as Kuwaiti creditor refuses deal, may prompt provisional liquidation
Sources said the standstill agreement was needed to help facilitate the sale of its investment management business to Cerberus.
FBR sends notices to 100 tax defaulters
ISLAMABAD:Â After getting a nod from the federal cabinet, the Federal Board of Revenue (FBR) has dispatched notices to the residential addresses of...
CPEC debt servicing to commence in year 2021, says official
The spokesman said Pakistan has opted for Chinese investments under CPEC due to the favourable financing arrangements
Overseas Pakistanis remit $16.25 bn in 10 months
KARACHI: Overseas Pakistani workers remitted $16,257 million in the first ten months (July to April) of FY18, showing a growth of 3.92...
Zubair highlights ‘failed govt policies’, laments rise in inflation
'Oil prices have gone down more than 20pc since PTI has come in power. Why then the doubling of inflation?'
Former Sindh...
SECP, US Department of Justice hold workshop on securities’ fraud
ISLAMABAD:Â In collaboration with the US Department of Justice, the Securities and Exchange Commission of Pakistan organised a workshop on securities and commodities...
OICCI Perception, Investment Survey 2017, presented to PM
KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI) Managing Committee met Prime Minister Shahid Khaqan Abbasi and presented to him...
Pakistan neglects tax reforms in drive to improve ease of doing business
ISLAMABAD: Though the World Bank (WB) will be issuing its ranking on the ease of doing business next month, Pakistan in its...
Strong liaison among public bodies needed to expedite growth, remove bottlenecks: PM
ISLAMABAD:Â Caretaker Prime Minister Justice (r) Nasir-ul-Mulk has stressed the need for strong coordination amongst government bodies to provide maximum facilities to businessmen...
Rasheed woos investors, says railways is ‘open for business’
ISLAMABAD: Newly-appointed Railways Minister Sheikh Rasheed on Monday said he will need at least four months to bring Pakistan Railways "back up...
SECP revamps regulatory framework for mutual funds
ISLAMABAD:Â The Securities and Exchange Commission of Pakistan (SECP) has revamped the regulatory framework for the mutual funds' industry with an aim to...
Murad Ali Shah presents Sindh’s budget of Rs1.14 trillion
Sindh Chief Minister Murad Ali Shah on Wednesday presented the Sindh’s provincial budget for Q1FY1028-19 with a total outlay of Rs1.14 trillion.
PSX fails to stay afloat, closes in red
KARACHI:Â After a positive close in the previous session, Pakistan Stock Exchange was back in red zone on Wednesday, as indices that opened...
MoF adopts 42 budget recommendations, sends 108 proposals to planning
The government has adopted 42 recommendations of the Senate in the budget fully or partially, meanwhile 108 suggestions mostly related to the development sector, have been forwarded to Ministry of Planning and Development for incorporation.