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...

CRE organises workshop on emerging issues, challenges, opportunities in rural economy

ISLAMABAD: The first workshop on the theme: “Emerging Issues, Challenges and Opportunities in Rural Economy of Pakistan” was organised by the Centre...

Market Daily: Indices register gains as rupee tumbles

LAHORE: Stocks at Pakistan Stock Exchange (PSX) rebounded in the backdrop of 3 per cent Rupee depreciation against dollar here on Tuesday...

Women participation in labour force 4.3pc, gender gap wider than before: World Bank

KARACHI: Institute of Business Management's (IoBM) Head of Economics, Shahida Wizarat, says women don’t face gender-based discrimination in effluent classes but the same...

SBP, FBR launch online collection of taxes and duties

KARACHI: The State Bank of Pakistan (SBP) and Federal Board of Revenue (FBR) today formally launched its online tax collection system. This...

Govt, Asian Development Bank sign agreements to enhance power transmission

ISLAMABAD: Government of Pakistan and Asian Development Bank (ADB) signed loan and project agreements amounting $260 million for the Second Power Transmission Enhancement...

Dawood Lawrencepur approves renewal of Rs300 million loan facility for Tenaga Generasi Ltd

LAHORE: In a notification sent to the Pakistan Stock Exchange (PSX) on Tuesday, Dawood Lawrencepur disclosed in its board meeting held Tuesday...

Oil prices inch up, as tensions escalate in Middle East

SINGAPORE: Oil prices edged up on Tuesday, lifted by tensions in the Middle East, although rising output in the United States and...

Rupee depreciates to Rs118 against US dollar amid economic strains

LAHORE: The rupee depreciated Rs7.5 against the US dollar to Rs118.0 in the inter-bank market on Tuesday morning compared to its closing...

Govt seeks changes to wheeling regulations to limit sale & purchase of electricity via dedicated feeders

ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has been directed by Power Division to limit sale and purchase of electricity into national...

CAP pushing EDB to permit imports of heavy construction machinery for CPEC

ISLAMABAD: Contractors Association of Pakistan (CAP) is pushing the Engineering Development Board (EDB) to permit imports of heavy construction machinery, Euro-II compliant...

Unilever to invest $120 million for expansion of manufacturing operations across Pakistan

KARACHI: Unilever Pakistan on Monday announced a foreign direct investment of $120 million for expanding its manufacturing operations across the country over...

Govt gives go-ahead to construct Diamer-Bhasha dam

ISLAMABAD: After a prolonged delay, Pakistan on Monday gave go-ahead for the establishment of Diamer-Bhasha dam at an initial cost of Rs625...

POL products’ consumption up by 9.7 pc, production by 3.2 pc

ISLAMABAD: The consumption of petroleum products registered a growth rate of 9.7 per cent during the fiscal year 2016-17 as compared to...

Telecom sector grows at rapid pace in four years

ISLAMABAD: Growth momentum of the telecommunications sector in the country has grown at a rapid pace and undergone an impressive transformation over...