‘$1.2bn penalty in Karkey case likely to be waived’
Senior lawyer and Pakistan Tehreek-e-Insaf (PTI) leader Babar Awan has said that the $1.2 billion penalty that Pakistan has to pay to...
Pakistan, China agree to enhance cooperation in fisheries, tourism sectors
ISLAMABAD:Â Planning Secretary Zafar Hasan has said that the China-Pakistan Economic Corridor (CPEC) was progressing satisfactorily, as a lot of challenges related to...
PIA to operate 13 flights on new int’l routes
ISLAMABAD:Â Pakistan International Airlines (PIA) will operate 13 flights on its new international routes, an official of the national flag carrier said on...
KSE-100 falls flat amid volatility
KARACHI:Â After trading in the green zone for a brief period, the Pakistan Stock Exchange (PSX) fell in the grip of bears on...
UAE offers Pakistan access to its labour market database
ISLAMABAD: The United Arab Emirates (UAE) has offered Pakistan access to its labour market database, which would help boost export of Pakistani...
China’s GDP growth grinds to near 30-year low as tariffs hit production
BEIJING: China's third-quarter economic growth slowed more than expected and to its weakest pace in almost three decades as the bruising US...
FATF gives Pakistan until February to act against terror financing
The FinanÂcial Action Task Force (FATF) on Friday formally announced that Pakistan will remain on its grey list till February 2020.
As the...
29 benami properties unearthed in Peshawar
The Federal Board of Revenue (FBR) has unearthed as many as 29 undeclared (benami) properties in Khyber Pakhtunkhwa (KP), a private media...
SBP reserves increase $56m to stand at $7.8bn
The foreign exchange reserves held by the central bank increased 0.72pc on a weekly basis, according to data released by the State...
Foreign investment surges 137pc in 1Q FY20
Total foreign investment into the country jumped by 137pc, or $512 million, in the first three months of the financial year 2019-20,...
Govt to establish Customs Authority to curb smuggling
ISLAMABAD:Â The government has decided to establish a Customs Authority, besides developing a pool to collect data and information regarding smuggling and similar...
SC takes FBR to task over tax collection
The Federal Board of Revenue's (FBR) performance was questioned by the Supreme Court of Pakistan (SBP) during a hearing on Thursday.
Justice Gulzar...
IMF, World Bank see Brexit deal boosting global growth outlook
WASHINGTON: World Bank President David Malpass said on Thursday that clarity over Britain’s exit from the European Union would strengthen the outlook...
Exporters urged to tap China’s gemstone market
LAHORE:Â Pakistan-China Joint Chambers of Commerce and Industry (PCJCCI) President Zarak Khan said on Thursday that Pakistan has the potential to export quality...
IMF team stresses ‘simpler taxation system’ in Pakistan
ISLAMABAD: A technical mission of the International Monetary Fund (IMF), which previously held meetings with the officials of Federal Board of Revenue...