Experts call for incentivising documentation of economy

KARACHI: Tax experts demanded on Monday that the immunity under Foreign Currency Accounts (Protection) Ordinance 2001 should be removed to improve the...

Industry asked to upgrade itself for CPEC partnerships

ISLAMABAD: State Engineering Corporation (SEC) Chairman Syed Kaukab Mohyuddin visited Islamabad Chamber of Commerce and Industry along with his team and urged...

Amazon contemplating entering financial sector with a checking-account like product

NEW YORK: Amazon.com Inc, the world’s largest online retailer, is in talks to create a checking-account-like product with big banks such as...

Analysts estimate increase of Rs6 per share to ASTL after SITE expansion

LAHORE: In Amri Steels Ltd's (ASTL) latest notice to the exchange it had informed about finalisation of its plans regarding the Balancing,...

Oil sales down 18 per cent YoY in February 2018

LAHORE: Pakistan's oil sales declined by 18 per cent YoY to 1.5 million tonnes mainly on the back of a sharp drop in...

Government directs OMCs to prioritise sale of domestic petrol

The federal government in a bid to minimise loss of foreign exchange and misuse of inland freight equalisation margin (IFEM) has directed...

Tri-Pack’s share price surges, amidst announcement of Rs2.2bn investment

LAHORE: Tri-Pack Films Limited in a notification to Pakistan Stock Exchange (PSX) on Monday announced that it has approved investments amounting to...

Why ‘no profit’ still makes Zong happy

Faraz Ahmed, a resident of Anda Mor, North Karachi, wakes up at four every morning and sets off to his vendor’s home...

What makes AkzoNobel go bullish on Pakistan?

With a board meeting, a product launch and the company’s business review all crammed together, Jeremy Rowe, AkzoNobel’s managing director for decorative...

EU committed to enhancing capacity of private sector

FAISALABAD:Private sector is considered to be the growth engine of the national economy and the European Union (EU) is committed to enhancing...

Weekly inflation rises 0.03 per cent

ISLAMABAD: The Sensitive Price Indicator (SPI) based weekly inflation for the week ended on March 01 for the combined income groups witnessed...

Tax evasion, ghost manufacturers baffle FBR

ISLAMABAD: Nearly 200 ghost companies have been found by the tax authorities claiming to be manufacturers but with fictitious addresses that were...

New wave of raids at business centres: LCCI flays misuse of discretionary powers by FBR

By: HUMZAH REHMAN LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has expressed grave concern on a new wave of raids at...

Trump says ‘trade wars are good, easy to win’

WASHINGTON: President Donald Trump spoke out defiantly Friday against global criticism of his plan to impose tariffs on steel and aluminium imports,...

MNA from treasury benches slams govt for written off loans, failure in recovery

ISLAMABAD: MNA Rana Hayat Khan belonging to treasury benches Friday slammed his own government for written off loans and failure in the...