LCCI urges FBR to restore FTR for commercial importers

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI)has urged the Federal Board of Revenue (FBR) to give relief to those taxpayers...

PAPCO’s $200 million multi-grade pipeline to be functional next year

KARACHI: The Pak Arab Pipeline Company (PAPCO)’s White Oil pipeline will become multi-grade by the second quarter of 2019, Shell Pakistan’s management told...

SC discards LHC’s stay on DTH licences

ISLAMABAD: Back in November 2016, PEMRA held an auction for three programming licenses for DTH (Direct-to-Home), a digital box that wirelessly airs...

FPCCI seeks representation in the Economic Reform Committee

KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Tuesday sought the inclusion of at least two of its representatives in the...

Financial experts call for transparency and effective usage of public funds

ISLAMABAD: Financial experts Tuesday called for a more prudent use of public money, including effective resource allocation, decision and policy making to fight against corruption,...

SC summons reply from FBR, provinces, telcos over unprecedented taxation

ISLAMABAD: The Supreme Court (SC) on Tuesday summoned the federal government, Federal Board of Revenue, provinces and telecom companies to submit a response...

High-level Afghan delegation visits Pakistan to improve bilateral trade 

ISLAMABAD: A high-ranking ministerial delegation from Afghanistan, led by Deputy Minister for Commerce H E Kamila Sidiqi had met with Commerce Secretary...

Why content is king for Propergaanda

When one thinks about hard hitting topics such as social issues and politics, one does not imagine a huge Gaanda aka a...

Alibaba acquires 100 percent stake in Daraz

The financial details of the transaction were not revealed and Daraz would continue to operate under the same brand following the sale to Alibaba, said Rocket Internet.

PTA set to launch DIRBS for blocking stolen, smuggled mobile phones

Unregistered devices will be denied mobile communication service and will be included in blacklist if found operational on the public switched network

Pakistan invites Iran for talks over stalled IP gas pipeline

Iran sought $1.2 billion in damages as per the penalty clause from January 1, 2015. As per the agreement, if Pakistan didn't take gas supplies from Iran, it is bound to pay a fine of $1 million per day

Oil prices retreat from 3.5 years high, as market awaits Trump decision on Iran

Brent crude futures were down 63 cents, or 0.8 percent, at $75.54, having jumped 1.7 percent to settle at $76.17 a barrel in the previous session

Govt draws up revisions in legal structure after K-Electric deal

ISLAMABAD: The incumbent government is said to have drawn up revisions in the legal structure surrounding the acquisition of Shanghai Electric of...

Foreign lenders rebuff appeal for transfer of loans to transmission line projects

The power division in its tabled summary demanded Rs9.84 billion via the issuance of sovereign guarantees to be obtained from local commercial banks for connecting new nuclear plants in Karachi to the national grid

Senate panel advises to loosen curbs on non-filers in car, property purchases

The Senate panel suggested non-filers of income tax returns to be given permission for buying or importing cars up to 1,000cc with the target to assist the middle-income group