PAMA proposed tax measures to reduce cost of locally produced vehicles

LAHORE: Pakistan Automotive Manufacturers Association (PAMA) in its budget proposals has proposed some tax measures to reduce the cost of locally produced...

Shareholders of listed companies to submit bank account details in 45 days

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has given 45 days to shareholders of listed companies to provide relevant details...

Workshop on creating enabling business environment held in Karachi

Islamabad: A workshop aimed at providing information regarding government's efforts to create a business enabling environment in Pakistan with contributors to the World...

PSO resumes furnace oil imports to curtail power outages in summer

SINGAPORE: Pakistan State Oil (PSO) this week issued its first fuel oil import tender for the year after suspending purchases at the...

Brazil sugarcane industry vilifies Pakistan, India for protectionist measures

BRASILIA: Brazil’s sugarcane industry on Thursday took aim at policies undertaken by Pakistan and India to protect local producers and boost sugar...

Samsung Electronics projects record first quarter profit

SEOUL: Samsung Electronics Co Ltd tipped a surprise record first-quarter profit on Friday but market reaction was muted due to growing concerns...

Oil prices fall, after Trump threatens more tariffs on Chinese goods

SEOUL: Oil prices fell on Friday after U.S. President Donald Trump’s threat of new tariffs on China reignited fears of a trade war...

Farmers warn of protest if not compensated for losses suffered due to low support prices

LAHORE: Farmers have warned of protesting outside parliament before the presentation of the budget if they are not paid back for their...

ICAP urges govt to bring all sectors of economy to tax-net

ISLAMABAD: The Institute of Chartered Accountants of Pakistan (ICAP) recommends that the government bring all sectors of the economy to the tax-net, irrespective...

PM Abbasi chairs EAC meeting, seeks measures to boost economy

ISLAMABAD: The newly constituted Economic Advisory Council (EAC) met here on Thursday. Prime Minister Shahid Khaqan Abbasi chaired the meeting. In his opening remarks, the...

Three fertilizer factories shut due to non-availability of Sui-gas: committee

ISLAMABAD: The National Assembly Standing Committee on National Food Security and Research was informed that three fertilizer factories were shut down due...

Ecuador keen on enhancing bilateral trade with Pakistan

ISLAMABAD: Ecuador on Thursday stressed the need for frequent exchange of trade delegations with Pakistan for exploring new areas of mutual cooperation,...

APTMA puts forward its proposal for upcoming federal budget

ISLAMABAD: All Pakistan Textile Mills Association (APTMA) has put forward its proposal for the upcoming budget (FY 2018-19), demanding zero per cent...

Growth rate of IT, ITeS exports jumped 150pc in last five years: Anusha 

  ISLAMABAD: Minister for Information Technology and Telecommunication Anusha Rehman Thursday said every possible effort was being made to enhance the growth of...

Internet, mobile banking witness astounding growth during 2nd quarter FY 2017-18

ISLAMABAD: A remarkable growth of internet and mobile banking has been witnessed as banking services through advanced and convenient channels continue to grow. Electronic banking transactions posted a double-digit...