PM seeks answers over Sost border trade dispute
ISLAMABAD: With serious reservations being shown from various quarters including the Chinese over the suspension of bilateral trade through the Sost border, the...
Wapda demands Rs13 as tariff for Neelum-Jhelum
Consumers to cough up Rs49bn a year over two decades to pay off debts
ISLAMABAD: Neelum-Jhelum Hydropower Company – a subsidiary of the...
Cellular service subscribers surge to 150.3mn
The Pakistan Telecom Authority (PTA) announced on Thursday said that the number of cellular service subscribers across Pakistan have crossed 150 million.
PTA...
Market Daily: Negative rating leaves PSX bleeding Â
LAHORE: The Pakistan Stock Exchange (PSX) continued to bleed red again on Thursday. Bearish sentiments continued its dominance over the market as...
Shaheen Air in trouble as FBR initiates legal action over unpaid duties
KARACHI: The Federal Bureau of Revenue (FBR) has decided to initiate legal action against Shaheen Air over alleged non-payment of federal excise...
Leather goods exports up by 7.99pc
ISLAMABAD: The export of leather goods from Pakistan increased by 7.99 per cent during first 11 months of the fiscal year 2017-18...
Increasingly difficult to keep undeclared assets, says FBR chairman
KARACHI: The Federal Board of Revenue’s (FBR’s) Chairman, Tariq Mahmood Pasha on Thursday said the tax amnesty scheme is for the business...
Minister hails role of business community in national economic developmentÂ
LAHORE: Punjab Caretaker Minister for Labour and Livestock, Mian Nouman Kabir has lauded the pivotal role business community plays in the economic...
NEPRA imposes fine of Rs5m on Genco-III for power breakdowns
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has imposed a fine of Rs5,000,000 on M/s Northern Power Generation Company Limited GENCO-III,...
Pakistan’s liquid foreign reserves increase
KARACHI: The State Bank of Pakistan (SBP) here Thursday said the total liquid foreign reserves held by the country stood at $16,798.0...
CDC to facilitate transfer of book-entry securities under tax amnesty scheme
KARACHI: The Central Depository Company (CDC) Limited will facilitate the transfer of book-entry securities in the central depository system against the declaration...
JS Global arranges Pakistan Investment Conference 2018 in Washington, New York
KARACHI: JS Global Capital Limited has taken the lead in presenting Pakistan’s economic growth story to international investors by organising the Pakistan...
NetSol closes UK subsidiary amid ‘unfeasible’ operating, net margins
LAHORE: NetSol Technologies Limited, which is one of the biggest software/IT outsourcing companies in the country, in a letter issued today to...
Oil prices dip as Iran signals support for OPEC production increase
Brent crude futures were at $74.33 per barrel at 0426 GMT, down 41 cents, or 0.55 percent, from their last close
Rupee devaluation pushes steel prices to record highs
Due to continuing depreciation of the rupee against the greenback in inter-bank and kerb market, the rise in steel prices was expected