Auto sector bleeds red as dollar jumps to Rs118 

KARACHI: The massive rupee devaluation of Rs7.5, which made the dollar to jump to Rs118, has had a negative affect on the...

ICCI urges FBR to stop harassment of builders and developers

ISLAMABAD: President Islamabad Chamber of Commerce and Industry (ICC), Sheikh Amir Waheed has urged the Federal Board of Revenue (FBR) to stop...

CRE organises workshop on emerging issues, challenges, opportunities in rural economy

ISLAMABAD: The first workshop on the theme: “Emerging Issues, Challenges and Opportunities in Rural Economy of Pakistan” was organised by the Centre...

Women participation in labour force 4.3pc, gender gap wider than before: World Bank

KARACHI: Institute of Business Management's (IoBM) Head of Economics, Shahida Wizarat, says women don’t face gender-based discrimination in effluent classes but the same...

Brasil envoy for more trade with Pakistan

SIALKOT: Ambassador of Brasil in Pakistan Claudio Raja Gabaglia Lins has said that Brasil will soon establish the direly needed "Pak-Brazil Business Forum"...

Proposed duty waiver on marble products in Pak-China FTA to hurt domestic industry

ISLAMABAD: As the government has reportedly agreed to allow a duty waiver on marble products from China under the second phase of...

FPCCI requests FBR to restore audit immunity for commercial importers

ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the Federal Board of Revenue (FBR) to restore audit...

Govt to hire professionals to solve governance issues in power sector

ISLAMABAD: In order to address governance problems in ten power distribution companies (DISCOs), the government has decided to hire sound and experienced professionals...

FBR urged to withdraw discretionary powers of IR officials: FPCCI

ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) in its proposals being prepared by the Budget Advisory Council under...

IMF’s concerns about the economy are correct, Miftah Ismail

ISLAMABAD: Speaking to media at the Ministry of Finance, Advisor to the Prime Minister on Finance, Revenue and Economic Affair Division Miftah Ismail...

FDI jumps to 15.6pc, adding $262.5 mn from last year

KARACHI: Foreign Direct Investment (FDI) in the first eight months of 2017-18 amounted to $1.94 billion, up 15.6 per cent or $262.5...

SECP announces regulations for selection of independent directors

ISLAMABAD: The Securi­ties and Exchange Comm­ission of Pakistan (SECP) has announced draft regulations regarding the process and selection of independent directors of companies. The Companies...

Govt to focus on high growth rate, controlled inflation in next budget: Miftah Ismail

ISLAMABAD: Adviser to Prime Minister on Finance, Miftah Ismail Friday said the government will mainly focus on setting the target for a...

Economic growth at risk due to eroding macroeconomic stability, says IMF

LAHORE: The International Monetary Fund (IMF), recently published its Post-Programme Monitoring report after the completion of First Post-Programme Monitoring Discussions on March...

Karachi ranked amongst cheapest cities, despite unfavourable circumstances

LAHORE: Karachi has been ranked as one of the cheapest cities to live in the world, in a recently released report by The...