The state of housing finance in Pakistan

Housing is a fundamental need whose provision can ensure a minimum standard of welfare for a family unit. Indeed, it has been...

Asian shares rise, as concerns ease over fast interest rate hikes in U.S

SYDNEY: Asian shares rebounded on Friday as comments from a Federal Reserve official eased worries about faster rate rises in the United...

Oil prices inch up, after unexpected fall in U.S crude stocks

SINGAPORE: Oil prices edged up on Friday, supported by lower U.S. crude inventories, but gains were capped by a surge in U.S....

TPL Properties to enter REIT management business

LAHORE: According to a notification filed on Pakistan Stock Exchange (PSX) Friday, TPL Properties Limited announced its board has given go-ahead for...

Bitcoin struggles to stay above $10,000

NEW YORK: The cryptocurrency fell below the psychologically key level of $10,000 on Thursday, failing the latest attempt to recover from a...

Market Daily: Investors fight back, KSE 100 gains 608.73 points

LAHORE: Investors at Pakistan Stock Exchange put their foot down and fought back after the market opened bleeding on Thursday morning. Political...

FPCCI appoints Muhammad Kamran Saleem as Takaful Standing Committee Chairman

KARACHI: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) has appointed Pak-Qatar Takaful Group (PQTG) Chief Financial Officer (CFO) and...

Bangladesh bourse approves China’s bid, rejects India offer

DHAKA: Bangladesh has agreed to sell a large stake in its stock exchange to a Chinese consortium, an official said Tuesday, rebuffing...

FBR collects Rs579mn less tax from mobile phone operators

ISLAMABAD: The Federal Board of Revenue (FBR) failed to maintain last year’s performance on the collection of withholding tax from mobile phone operators...

Market Daily: KSE 100 plunges 707.85 points intraday

LAHORE: The Pakistan Stock Exchange (PSX) did not perform on Tuesday as investors lacked positive triggers. Moreover, sentiments looked bearish as Adviser...

FBR overlooks tax case against Grand Hyatt allottees

ISLAMABAD: The high ups of Federal Board of Revenue (FBR) have overlooked a tax case against the buyers of Grand Hyatt apartments,...

Market Daily: Indices succumb to late selling, shed 54.43 points

LAHORE: As the international anti-money laundering watchdog moves close to putting Pakistan on the global grey list, investors thought it wise to...

Domestic revenue mobilisation only reliable resource for countries to fight poverty: Dr Ayesha Ghous

LAHORE: Punjab Finance Minister Dr Ayesha Ghous Pasha has said that domestic revenue mobilisation is the only reliable and sustainable resource for...

Sales tax refund process will begin this month: Miftah

KARACHI: Adviser to Prime Minister on Finance, Revenue and Economic Affairs, Miftah Ismail, has said sales tax refund process will be started...

Federal budget 2018-19 to be business friendly: Rana Afzal

FAISALABAD: State Minister for Finance Rana Muhammad Afzal Khan on Saturday said the federal budget 2018-19 will be business friendly and utmost...