HSBC to cut up to 10,000 jobs in drive to slash costs: FT
HSBC Holdings Plc (HSBA.L) is planning to cut up to 10,000 jobs, more than 4% of its workforce, as interim Chief Executive...
UBL launches mobile contactless payments with Gemalto, Visa
UBL is the first bank in Pakistan who has partnered up with Gemalto, Visa and 1LINK to launch digital payment through tokenisation...
Govt amends tax laws to promote trade activities at Gwadar port
ISLAMABAD:Â In a bid to promote trade activities at Gwadar port, the government, through a presidential ordinance, has granted tax benefits to Chinese...
Govt establishes CPEC Authority through presidential ordinance
ISLAMABAD: Following the reservations and demands raised by China, the federal government has established the China Pakistan Economic Corridor (CPEC) Authority through...
KSE-100 gains another 603 points as rally continues
KARACHI: Stocks rallied on the first trading session of the week, as the indices continued to accumulate gains amid increased market participation....
White House confirms US-China trade talks starting Thursday
Top US officials will welcome a high-ranking Chinese delegation starting Oct 10 for the latest round of trade talks aimed at easing...
‘Tax reforms help FBR achieve 90pc revenue target’
Federal Board of Revenue (FBR) Chairman Syed Shabbar Zaidi has said the government's reforms to mobilise tax revenue are now paying dividends.
Speaking...
Pakistan likely to remain on FATF grey list
AGP says Pakistan should adequately identify risks associated with terrorist groups such as Da’esh, AQ, JuD, FiF, LeT, JeM and HQN
...
India’s central bank cuts rates to near decade lows to revive growth
MUMBAI: The Reserve Bank of India on Friday cut the key policy rate to its lowest levels in nearly a decade, stepping...
US economic bosses apprised of Pakistani market
During his recent visit to the United States, Prime Minister Imran Khan, along with his delegation that included Adviser on Finance Dr...
Govt prepares simplified tax scheme for property developers, builders
ISLAMABAD:Â The government has prepared a simplified tax scheme for property developers and builders, it emerged on Friday.
According to the draft of the...
Insufficient cotton production to lower GDP growth, inflate import bill
ISLAMABAD:Â Despite the cotton production target of 15 million bales set for this year by the Ministry of National Food Security and Research/Pakistan...
‘No restriction on non-commercial trade with India’
ISLAMABAD: The Ministry of Commerce (MoC) has clarified that there is no restriction on the shipment of letters, documents, business documents, documents...
Finance ministry dispels impression of ‘shrinking economy’
The Finance Division has described as "incorrect" the impression created in a section of the media that Pakistan's economy is shrinking.
In a...
Three-day ’11th Interiors Pakistan’ exhibition from Nov 22
ISLAMABAD: The Pakistan Furniture Council (PFC) on Friday announced to hold a three-day ‘11th Interiors Pakistan Expo-2019’ from November 22nd.
PFC Chief Executive...