Telecom operators collected around Rs2 trillion in taxes during last five years
Islamabad: The cellular companies received nearly Rs 2 trillion as tax from customers during the past five years, reported Online.
According to...
Asians stock markets slip after record highs on Wall Street
Tokyo: Asian shares wavered on Tuesday, bolstered by record highs on Wall Street but hobbled by uncertainty as traders waited on a...
China inks $375m MOU’s at 18th International textile Asia exhibition
Lahore: A local newspaper reported that China signed $375m worth memorandum of understandings (MOUs) for investment in Pakistan at the 18th International...
ADB $900m loan faces bureaucratic hurdles and procedural delays
Islamabad: A local newspaper reported that $900m Asian Development Bank (ADB) funding approved for Pakistan has been affected by bureaucratic hurdles and...
UK to maintain GSP Plus facility unilaterally after Brexit
Islamabad: Though confusion still persists regarding the trade preference to Pakistan by European Union after Brexit, United Kingdom has assured that the GSP Plus...
Bank of China allowed to commence banking operations in Pakistan
KARACHI: State Bank of Pakistan (SBP), has given approval to the Bank of China Limited (BCL), for commencement of its banking business in...
NAB considering launch of formal investigation to probe KASB amalgamation case
ISLAMABAD: The  National Accountability Bureau’s (NAB) executive board is considering conversion of an inquiry into a formal investigation to probe the KASB Bank...
Monster of circular debt resurfaces, goes beyond Rs729bn
ISLAMABAD
Despite tall claims of good governance by Pakistan Muslim League-Nawaz (PML-N) government, the menace of circular debt has resurfaced once again to...
Chinese entity to setup coal-fired power plant in Gwadar
Karachi: National Electric Power Regulatory Authority (NEPRA) has accepted the application of China Communications Construction Company Limited (CCCC) for setting up a...
Gasoline consumption went up during FY 2016-17
Islamabad: Gasoline consumption went up during last financial year 2016-17, according to a senior finance ministry official reported a local newspaper.
The official attributed...
Habib Metro Modaraba set to get listed on PSX
Lahore: Habib Metro Modaraba shares are set to get listed on the Pakistan Stock Exchange (PSX) as its initial public offering starts...
Chinese authority’s issue order to cease Bitcoin trading
Shanghai: Chinese authorities have ordered Beijing-based cryptocurrency exchanges to stop trading and at once notify users of their closure, signaling a widening...
Global oil prices near 5-month highs on forecasts of rising demand
New York: Brent oil prices held near five-month highs on Friday, and were on track for the biggest weekly gain since late...
Sindh declines to fund incentive package for CPEC SEZs
Karachi: In a setback for setting up of SEZs under CPEC, Sindh government declined to provide funds for a special incentive package,...
SNGPL shuns KPMG report on UFG losses
Islamabad: Sui Northern Gas Pipelines Ltd (SNGPL) has shunned KPMG Taseer Hadi and Co’s report pertaining to unaccounted for gas (UFG) losses...