PIA privatisation reaches Phase-II
ISLAMABAD: Massive liabilities worth Rs324 billion has become a major headache for stakeholders inolved in the privatisation of Pakistan International Airlines (PIA). In...
FBR, NTC sign MoU for electronic exchange of information
ISLAMABAD: Federal Board of Revenue (FBR) and National Tariff Commission (NTC) have signed a Memorandum of Understanding (MoU) for the exchange of...
Market Daily: PSX rallies up as rupee devalues
LAHORE: The KSE 100 index extended its rally from Tuesday’s session on the back of the depreciated rupee after the central bank...
Govt keen to see Pakistan as emerging hub of economic activity: Rana Afzal
ISLAMABAD: Minister of State for Finance, Rana Muhammad Afzal Khan said that the government is keen to see Pakistan as an emerging...
FBR meets PSO leadership, discuss tax compliance and revenue generation
ISLAMABAD:Â As part of the Federal Board of Revenue's (FBR's) taxpayers outreach programme aimed at acknowledging the contribution of taxpayers and offering them...
Banking industry profits plummet by 17pc
KARACHI: The net profit earned by the country’s banking industry in 2017 was Rs157.8 billion, down almost 17 per cent from a...
Mobile phone imports reach $526.036mn in eight months
ISLAMABAD: Mobile phone imports in the country have witnessed a growth of 14.51 per cent in the first eight months (July-February) of...
Textile exports touch $8.8bn, up 7.2pc YoY in July-February 2017-18
KARACHI: Pakistan textile exports increased by 7.2Â per cent Year on Year (YOY) in February 2018 to $1.1 billion primarily led by an...
Accord with ADB inked for power distribution
ISLAMABAD: Economic Affairs Division and the Asian Development Bank (ADB) have signed loan and project agreements worth $260 million for the Second...
International Consumer Product Fair 2018 commences at Karachi Expo Centre
KARACHI: The International Consumer Product Fair 2018 (ICPF-2018) commenced at Karachi Expo Centre here on Tuesday. Sindh Minister for Transport and Mass...
LCCI urges SBP to control rapid surge in price of US dollar, fears economic havoc
LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has demanded from the State Bank of Pakistan (SBP) to control the rapid...
Federal budget 2018-19 to be pro-poor, business friendly
ISLAMABAD:Â Special Assistant to Prime Minister on Revenues, Senator Haroon Akhtar Khan here on Tuesday said that budget 2018-19 would be pro-poor, business-friendly,...
Amnesty scheme to benefit nonresident Pakistanis: Senator Haroon Akhtar
ISLAMABAD:Â Advisor to Prime Minister on Revenue senator Haroon Akhtar made it clear that the upcoming amnesty scheme will benefit the nonresident Pakistanis...
Pakistan has 7.835mn tonnes of wheat in storage
ISLAMABAD: Pakistan currently has 7.835 million tons wheat in storage and for the next year, the rate for the purchase of wheat has been...
ICCI urges FBR to stop harassment of builders and developers
ISLAMABAD: President Islamabad Chamber of Commerce and Industry (ICC), Sheikh Amir Waheed has urged the Federal Board of Revenue (FBR) to stop...