Thorough plan underway to take Pakistan out of FATF grey list
ISLAMABAD: The government of Pakistan has prepared a comprehensive plan to exclude the country from the grey list of the Financial Action Task...
Iran calls for EU help as shipping giant pulls out for fear of U.S. sanctions
The announcement by France's CMA CGM that it was quitting Iran deals a blow to Tehran's efforts to persuade European countries to offer economic benefits to offset the new U.S. sanctions.
Economists divided over Nawaz’s verdict
On Friday an accountability court had announced the verdict in the Avenfield properties corruption reference filed by NAB, handing ousted prime minister Nawaz Sharif 11 years as jail time, Maryam Nawaz with 8 years and Captain Safdar with 1 year in jail.
Pakistan for balancing trade deficit with Qatar
Due to LNG imports, trade deficit of Pakistan with Qatar has increased to $1.6 billion
PTI highly likely to form federal govt, says Topline Securities
Pakistan KSE-100 index to go as high as 48,000 in case of PTI led government. While the index may go up to 50,000 if PML-N leads.
Struggling ZTE to unveil new board in step toward U.S ban lift
Shares of China’s No.2 telecommunications equipment maker have cratered 60 percent, wiping out more than $11 billion of the company’s market valuation, since trading resumed earlier this month following a two-month hiatus
LUMS Business School Alumni Association elects Board of Directors
According to the formal results announced on Friday, Majid Munir from MBA batch of 1996 and an investment advisor by profession has been elected as the President, Anwar Kabir President
SECP notifies regulations regarding further issue of shares
The Securities and Exchange Commission of Pakistan (SECP) on Thursday notified draft Companies (issue of further shares) Regulations, 2018 with a view to cogently consolidate relevant requirements of the Companies Act, 2017
SECP notifies FATF compliant AML, CFT regulations
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) notified the Anti Money Laundering and Countering Financing of Terrorism Regulations, 2018. The...
China to extend support through short term loans
It was earlier rumoured that the caretaker government would opt for a bailout from the International Monetary Fund (IMF), however, after the caretaker setup denied such plans, Pakistan is likely to rely on short-term loans from China till the next government takes charge.
Ally betrays Arif Naqvi, behind lawsuit against Abraaj
The UAE-based Jafar family, which controls a Sharjah-based congolmerate, had deep ties with Naqvi and the petition points to further cracks at Abraaj
ZTE proposes $10.7 billion financing plan, new board
On Wednesday, ZTE shares plunged a record 41 percent in Hong Kong and 10 percent in Shenzhen, wiping out almost $3 billion off embattled ZTE’s market value, as it resumed trading after being suspended for almost two months due to the U.S. ban
SECP notifies regulations for non-profit associations
KARACHI: The Securities and Exchange Commission of Pakistan (SECP) has notified the Associations with Charitable and Not for Profit Objects Regulations, 2018.
The...
PSDP update: Rs15,520mn released for petroleum, natural resources division
ISLAMABAD:Â The government has released around Rs15,520.056 million for the Petroleum and Natural Resources Division under the Public Sector Development Programme (PSDP 2017-18)...
Five-Year Performance: Previous govt failed to fulfill promise of tax reforms
ISLAMABAD: The previous government has failed to bring its much 'promised’ reforms in the taxation system of the country during its tenure in...