Ethiopia offers 10-year tax break to Pakistani investors
Ambassador Jemal Beker Abdula announced the significant tax holiday for Pakistani investors, enhancing the trade relationship and opening new opportunities in Ethiopia
Asia’s oil refiners rush to deal with U.S.-China trade war, looming Iran sanctions
As part of a wave of retaliation for Friday’s U.S. tariffs, China has threatened a 25 percent duty on imports of U.S. crude. Meanwhile, Washington’s new sanctions against Tehran are due to kick in from November
Cement despatches slow down in AugustÂ
--Overall despatches drop from 4.83m tonnes in July 2020 to 3.52m tonnes in Aug
--APCMA attributes the slow down to heavy rains, Eidul...
Pakistan’s weight in MSCI EM index may fall to 0.10pc after semi-annual review
KARACHI: As MSCI’s semi-annual index review date (13th November) draws closer, a Topline Security report has predicted Pakistan’s weightage in its emerging...
Exclusive: IMF chief says Biden-Xi engagement an important signal for world to cooperate
International Monetary Fund Managing Director Kristalina Georgieva said on Friday this week's meeting between U.S. President Joe Biden and Chinese President Xi...
Soneri Bank reports Rs1.2bn profit
The Board of Directors of Soneri Bank Limited, in their 172nd meeting held on Thursday, approved the bank’s condensed interim financial statements...
Bitcoin slumps to two-week low on technical trading, market jitters
LONDON:Â Bitcoin extended losses on Thursday after suffering its worst day for a month on Wednesday, with traders citing factors ranging from technical...
Deadlock persists between Tax experts and the authorities over streamlining of penalties
The dispute between tax experts and the tax authorities regarding streamlining on the imposition of penalties on taxpayers for violation of income tax...
Oil dips on Sino-U.S. trade conflict, but looming Iran sanctions support
International Brent crude oil futures were at $77.70 per barrel at 0232 GMT, down 7 cents from their last close
Centro Ceramico certifies Pakistani tiles with European quality standards
KARACHI: Centro Ceramico, one of the biggest tile testing laboratories in the world has certified Pakistan’s ‘Stile Porcelain Tiles’ for meeting European...
More than 120 life-saving medicines vanish from Lahore pharmacies
There seems to be no end in sight for patients in the provincial capital as vital meds for diabetes, heart conditions, and liver disease among 120 that are unavailable.Â
Negotiations lag on $1tr stimulus for virus-hit US
WASHINGTON: US lawmakers urgently negotiating a $1 trillion emergency package to salvage an economy ravaged by the coronavirus missed a Republican-imposed deadline...
‘Eighteen’ goes international with a grand launch event at Burj Khalifa
DUBAI:Â With its offices already positioned in Emaar Square, Dubai; Eighteen invited all the overseas Pakistanis along with the local business communities of...
ECC approves Rs1.79bn supplementary grant for North Waziristan TDPs
ISLAMABAD:Â The Economic Coordination Committee (ECC) of the Cabinet has approved a supplementary grant, amounting Rs1.79 billion, for temporarily dislocated persons (TDPs) from...
Govt urged to initiate crackdown against counterfeit drugs
'Pharma companies will stop making drugs if a transparent and rational pricing mechanism is not put in place'
ISLAMABAD:Â The Pharma industry has...