PRA registers over 15,000 businesses under STS
LAHORE:Â The registration of new businesses in Punjab under the Sales Tax on Services (STS) regime has posted a sharp increase during the...
PIA no longer a defaulter
KARACHI: The Pakistan Stock Exchange (PSX) on Friday announced that it has removed Pakistan International Airline (PIA) from its defaulters' segment.
The national...
Oil falls below $61, heads for weekly loss on China virus concerns
LONDON:Â Oil extended losses on Friday to trade below $61 a barrel, heading for a weekly decline as concern that the coronavirus in...
Summary advocating uniform gas tariff for zero-rated industry postponed
LAHORE:Â Even after the introduction of regionally competitive gas price at $6.5/mmbtu (Rs1,000/mmbtu), the textile millers of Punjab are facing serious competitiveness issues...
MoC to hold Pak-Africa trade conference in Kenya
The two-day event, which will host dignitaries from 20 African countries, will commence from Jan 30 in Nairobi
PBC denounces govt’s ‘knee-jerk U-turns’ on economic policy
KARACHI:Â The Pakistan Business Council (PBC) issued a strongly worded statement denouncing the government's stance on surcharges and taxes, and dubbing its current...
Stocks gain 126 points in volatile session
KARACHI: Pakistan Stock Exchange (PSX) witnessed another volatile trading session on Friday, with the indices shifting sides before settling in the green....
Govt likely to leave 9th NFC inconclusive
ISLAMABAD: Despite its tall claims of presenting the National Finance Commission (NFC) Award on time as per its constitutional obligation, the Pakistan...
SBP reserves up $146m to $11.7bn
The foreign exchange reserves held by the State Bank of Pakistan increased 1.26pc on a weekly basis, according to data released by...
Int’l payment platform ‘Payoneer’ expands services in Pakistan
ISLAMABAD: Freelancing is gaining traction all over the globe and Pakistan is no different. However, a lack of payment gateways for foreign...
‘Early warning system’ being developed to counter food inflation: minister
ISLAMABAD: National Food Security and Research Minister Makhdoom Khusro Bakhtiar said on Thursday that the government was focused on curbing food inflation...
Gold imports increase 4.78pc in six months
ISLAMABAD:Â Gold imports into the country increased by 4.78pc during the first half of the current financial year (2019-20) as compared to the...
New power tariff likely to hamper textile exports
Due to the imposition of multiple surcharges, electricity tariff for Pakistan’s export sector has become highest in region
CPEC is in Pakistan’s ‘best interest’, says Qureshi amid US criticism
FM says PTI govt will continue to do 'what is beneficial for Pakistan'
Stock market remains volatile, closes in red
KARACHI:Â The Pakistan Stock Exchange (PSX) failed to sustain the gains accumulated earlier in the day, as the indices kept changing directions before...