China, US discuss road map for next stage of trade talks

BEIJING: China and the United States discussed a roadmap for the next stage of their trade talks on Tuesday, during a telephone call between Vice...

No duty payable on phones being used on roaming for less than thirty days: Azhar

For these phones to be registered, Mr Azhar said it can be done at either the airports or in any of the Customs houses across the country and phones aren’t detained during the process of registration/duty payments

WPP to spend almost $400 million to reboot world’s biggest ad group

WPP added that full-year organic net sales were likely to be down by 0.5 percent this year, an improvement on the 1 percent drop it predicted in October, after trading stabilized

Hubco completes acquisition of 37% stake in ThalNova

In April 2016, ThalNova had been granted a power generation licence for establishing a 330-megawatt coal-fired power plant at Thar coal mine south, Sindh

Overseas Pakistanis liable to pay tax on bringing more than one mobile phone : Chaudhary

Chaudhary said a 38% duty will be levied on costlier mobile phones

Asian shares mixed on concerns over trade, economic outlook

Japan’s benchmark Nikkei 225 lost 0.4 percent to 21,127.00 and South Korea’s Kospi added less than 0.1 percent to 2,055.07

Oil prices rise on Libyan export interruption, but markets remain weak

International Brent crude oil futures were at $60.19 per barrel at 0336 GMT, up 19 cents, or 0.3 percent, from their last close

EDB asks FBR to take back regulatory duty on locally manufactured auto parts

The EDB letter states while finishing the meeting, Secretary Industries and Production suggested the FBR exclude SRO 655 (I)/2006 from the purview of regulatory duty

Total disbursements under PSDP decline 40.3% year-on-year in July-November FY19

The figures released by the Planning Commission indicate Rs71 billion was disbursed by it to all 39 federal ministries and divisions in July-November of FY19

Over $15 billion remittances being sent via Hundi

Bukhari said they had introduced biometric verification system to ensure better communication between the ministry and the Pakistani diaspora working abroad

Govt dismisses demand to provide Rs6.6 billion subsidy on local sugar sale

Another request of the sugar industry to permit state-owned Trading Corporation of Pakistan (TCP) to procure 20,000 tons of sugar from the millers was also rejected by the government

WB rescinds $250 million loan for climate change and disaster risk

Both sides were unable to reach a consensus on a new macroeconomic framework

Pakistan diaspora bond likely to be launched within a month

Due to delays in securing a bailout package from the International Monetary Fund (IMF), the issuance of Eurobonds has been put on hold

Japanese businessmen invited to explore trade opportunities in Pakistan

ISLAMABAD: Advisor to the Prime Minister on Commerce and Trade Abdul Razak Dawood on Monday underscored the importance of furthering trade and investment relations...

‘Gas load shedding hampering Karachi’s export industry’

The owners of export-oriented businesses are facing adversity as they are unable to deliver their export orders due to gas load shedding and low...

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PM likely to sack entire economic squad

Finance Minister Asad Umar, FBR chairman, SBP governor expected to be sent packing Energy minister Omar Ayyub likely to head finance ministry Finance...

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