Punjab offers lucrative investment opportunities in all sectors: OPC VC
LAHORE: Vice Chairperson Overseas Pakistanis Commission (OPC) Punjab Senator Shaheen Khalid Butt has said that the Punjab province offers lucrative opportunities for...
Economic stability, law and order has boosted confidence of foreign investors: PM
ISLAMABAD: Prime Minister Shahid Khaqan Abbasi Monday said that Pakistan has achieved significant economic stability and with the improved law and order...
Market Daily: Indices settle flat after a volatile session
LAHORE: The Pakistan Stock Exchange (PSX) was off to a weak start, as it took inspiration from regional markets following a global...
Devaluation to hit poor, boost profits for influential sectors: PEW
ISLAMABAD: The Pakistan Economy Watch (PEW) on Monday said devaluation will increase the burden on poor, increase foreign debt and liabilities while...
Banking spread shrinks to historic low
KARACHI: In a surprising development, the average banking spread shrank in February despite a hike in the benchmark interest rate at the...
PAMA calls for reducing input tax rate on tractors
KARACHI: Pakistan Automotive Manufacturers Association (PAMA) has requested the government to reduce the input tax rate on tractors, which is resulting in a...
ICAP calls on prime minister, stresses need for tax reforms
KARACHI: A delegation of Institute of Chartered Accountants of Pakistan (ICAP) led by its President Riaz A Rehman Chamdia called on Prime...
Committee discusses Pak relations with ASEAN, resolves to boost trade
ISLAMABAD: The Standing Committee on Commerce and Textile met under the chairmanship of MNA Siraj Muhammad Khan in Parliament House on Monday and...
Shanghai Electric withdraws bid to acquire 66.4 percent of K-Electric
LAHORE: A notification sent to Pakistan Stock Exchange (PSX) on Monday by K-Electric revealed Shanghai Electric Power Company Limited had withdrawn its offer to...
Oil prices fall, as China-US trade war threat looms
SINGAPORE: Oil prices reversed earlier gains on Monday as concerns of a looming trade dispute between the United States and China weighed...
FBR contemplating to remove inconsistency in AIT collection for edible oil sector
ISLAMABAD: The Federal Board of Revenue (FBR) is said to be reviewing a budget proposal for eliminating an inconsistency in the edible...
Asian stock markets battered on blowback of intensifying global trade war
SYDNEY: Fears of a full-blown trade war between the United States and China battered Asian shares again on Monday, keeping the safe...
LHC stops government from implementing Audit Policy 2016
ISLAMABAD: The Lahore High Court (LHC) has stopped the federal government from implementing new audit policy due to transparency fears in selection...
China warns trade war would harm all sides, appeals for cooperation
BEIJING: A top Chinese official warned Sunday that a “trade war” would harm all sides but gave no indication of Beijing’s possible...
Punjab focuses on cotton cultivation, subsidies to get quality yield
LAHORE: There is a complete ban on the cultivation of cotton in the province before the start of April due to chances of...