Abraaj engaging U.S investment bank Houlihan Lokey for health-fund advice after controversy
DUBAI: Dubai-based private equity firm Abraaj has hired U.S. investment bank Houlihan Lokey to help it try to stem the fallout from...
Pakistan’s real economy is performing well: IPR report
LAHORE: Pakistan's real economy is performing well with favorable signs for GDP growth rate, inflation, consumption and private sector economic activities. This...
Market Daily: KSE 100 index drops 107.56 pts from previous close
LAHORE: The Pakistan Stock Exchange (PSX) saw bears coming back in action as indices traded range bound. Excitement over the tax reforms seemed...
Engro Foods committed to its motto of “Nourishing through Nature”
SAHIWAL: Engro Foods Limited (EFL) has established its credibility in Pakistan in a short span of ten years and this credibility has attracted foreign investors...
Investors to get hefty incentives for industries in Special Economic Zones
ISLAMABAD: Pakistani and Chinese investors, preparing to set up industry in Special Economic Zones (SEZs) will get significant incentives including exemption from...
Tax evaders data to be provided to FBR within thirty days: Miftah
ISLAMABAD: Adviser to Prime Minister on Finance, Revenue, and Economic Affairs Miftah Ismail, on Friday said that the data of tax evaders...
Tax amnesty scheme to help expand tax net: Haroon
LAHORE: Assistant to Prime Minister on Revenue Haroon Akhter Khan said on Friday that the Tax Amnesty Scheme is a big breakthrough and...
Pakistan’s strengthening financial market attracts Chinese fintech giant
ISLAMABAD: As Pakistani market is attracting the attention of the Chinese entrepreneurs, a popular Chinese Fintech company, Webull, is all set to...
Inflation jumps 0.4pc in a week
LAHORE: Increase in prices of non-perishable products has taken inflation for the combined income group up by 0.4 per cent for the week...
India’s central bank clamps down on cryptocurrencies
MUMBAI: India’s central bank barred banks on Friday from having any links to virtual currency dealers, slashing the prices of bitcoin and...
PTBA asks govt to establish data mining company
KARACHI: Pakistan Tax Bar Association (PTBA) on Friday called the government to establish a data mining company for maintenance of a centralized...
Approval was not sought for tax amnesty scheme: FATF
ISLAMABAD: Financial Action Task Force (FATF) in a letter addressed to the government has expressed worries over the recently introduced tax amnesty...
Oil prices dip 2 percent as US-China trade blows over tariffs
NEW YORK: Oil prices fell about 2 percent on Friday after U.S. President Donald Trump threatened new tariffs on China, reigniting fears...
US stocks rattled, dive 2 percent as US-China trade wars intensify
NEW YORK: U.S. stocks dropped about 2 percent on Friday, with the Dow falling more than 570 points, as U.S. President Donald Trump’s...
Pakistan extends duty free access for 67 per cent Chinese exports
ISLAMABAD: China has extended duty free access on 90 per cent Pakistani exports under Pak-China Free Trade Agreement (FTA)-2, while Pakistan has...