FBR integrates 5,783 PoS in retail taxation

ISLAMABAD: The Federal Board of Revenue (FBR) on Thursday said it had integrated 5,783 point-of-sale (PoS) of 286 retailers with its database. The...
Car manufacturing

Less cars, less revenue for Punjab excise dept

LAHORE: Due to a decrease in the production of cars and motorbikes, the Excise Taxation and Narcotics Control (ET&NC) department is facing a...

ADB approves $15m loan for urban development planning in Punjab

ISLAMABAD: The Asian Development Bank (ADB) will help the Punjab government to design comprehensive investment and public service delivery plans in preparation for...

Oil falls 2pc as China virus cases surpass SARS total

NEW YORK: Oil prices fell 2pc on Thursday to the lowest in three months on concerns over the potential economic impact of...

ICI Pakistan’s consolidated profit after tax increases 124pc

The ICI Pakistan Limited's Board of Directors has announced the company’s financial results for the six-month period ending December 31, 2019. On a...

Govt fails to fund gas projects despite Rs295bn cess collection, SC told

The government has failed to funnel funds into the Iran-Pakistan pipeline project in spite of collecting Rs295 billion the under Gas Infrastructure...

Pakistan may become next big market for tech startups: report

Pakistan may be Asia’s next big tech startup market, according to a report published by Germany’s Deutsche Welle on Wednesday. According to DW, Pakistan’s young population and increasing...

FFC posts Rs17.1bn net profit for 2019

Fauji Fertilizer Company Limited (FFC) has announced its financial results for the year 2019, declaring a net profit of Rs17.11 billion which...

OGRA recommends up to Rs2.47 hike in POL prices

Regulator suggests 6-paisa per litre reduction in petrol price

Stocks close flat amid range-bound trading

KARACHI: Stocks were caught in a whirlwind activity on Thursday, as the indices traded within a narrow range throughout the session before...

ECC again defers hike in gas prices

--Committee waives off Rs194m port dues of Turkish company Karkey as part of an already agreed settlement --SBP directed to sell its shares...

Bank AL Habib declares Rs11.17bn profit after tax

The Board of Directors of Bank AL Habib Limited (the Bank) has announced the financial results for the year ended December 31,...

China first-quarter growth may dip below 5pc as virus spreads

BEIJING: China’s economic growth may drop to 5pc or even lower due to the coronavirus outbreak, possibly pushing policymakers into introducing more stimulus...

Turkmenistan agrees to revisit TAPI gas price

ISLAMABAD: Turkmenistan has expressed its willingness to revisit the gas price of Turkmenistan-Afghanistan-Pakistan-India (TAPI) Gas Pipeline Project and the Pakistani government has constituted...

TDAP to participate in Argentina textile fair

ISLAMABAD: The Trade Development Authority of Pakistan (TDAP) is all set to participate in a textile fair scheduled to be held in...