PM urges Chinese company to set up waste-to-energy plant in Pakistan

ISLAMABAD: Prime Minister Imran Khan has reiterated his commitment to providing all possible facilities to the investors in undertaking profitable business ventures in Pakistan. Talking to...

IHC directs telcos to submit Rs36bn for licence renewal

ISLAMABAD: The Islamabad High Court (IHC) on Wednesday directed two mobile companies, Mobilink and Telenor, to submit Rs36 billion ($224 million) each within two weeks...

Govt decides to probe appointment of Neelum-Jhelum project CFO

ISLAMABAD: The Ministry of Water & Power has decided to initiate an internal inquiry to examine the facts regarding the award of an illegal contract...

FBR envisions expanding sales tax net to 400,000 people in three years

ISLAMABAD: The Federal Board of Revenue (FBR) has set a target to increase sales tax base up to 400,000 people in the next three years...

Is Bitcoin creator a Pakistani?

A British-Pakistani entrepreneur named Bilal Khalid, now known as James Caan, has recently claimed that he was in fact Satoshi Nakamoto, the man behind...

Pakistan’s trade balance improves 19pc in one year

ISLAMABAD: Pakistan trade balance has improved by 19pc, as the deficit declined from $37.6 billion to $30.6 billion during the last fiscal year. "The country's...

FBR to tighten noose on smuggled goods from 1st

ISLAMABAD: As per the instructions of Federal Board of Revenue (FBR) Chairman Shabbar Zaidi, the board has initiated a phased programme to combat the sale...

ADB approves $25m loan to expand women’s access to credit in Pakistan

ISLAMABAD: The Asian Development Bank (ADB) has approved a $25 million syndicated loan to support the lending operations of Kashf Foundation, one of Pakistan's leading...

FBR issues notices to 3,950 non-filers in Lahore

LAHORE: The Federal Board of Revenue's Broadening of Tax Base (BTB)-Lahore has issued notices to some 3,950 people who did not declare their assets despite...

Govt to finally table Geographical Indication Bill in NA

The government has finally decided to table Geographical Indication (GI) Bill in the National Assembly to protect ownership rights of goods produced in the...

TCC steps up efforts for $6bn claim in Reqo Diq case

The Australia-incorporated Tethyan Copper Company has approached a court in the United States for enforcement of $6 billion penalty which was imposed on Pakistan...

Pakistan’s economic situation is changing: Reza Baqir

KARACHI: Pakistan's economy is facing with a number of problems and uncertainty but the situation is changing, said State Bank of Pakistan (SBP) Governor...

Can the Islamic asset management industry get its act together?

On July 2, 2019, Pakistan’s capital markets passed a little-heralded milestone: the 10th anniversary of the launch of the KSE Meezan Islamic (KMI) 30...

EETL denies corruption accusations, says ready to cooperate with NAB

Apropos to the NAB press release issued on Friday, Engro Elengy Terminal Limited has stated that the company has always been supportive of the...

No gas connections for unregistered consumers: FBR

Federal Board of Revenue (FBR) Chairman Syed Shabbar Zaidi has sent letters to the managing directors of Sui Northern Gas Pipeline Limited and Sui...

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FBR issues notices to 3,950 non-filers in Lahore

LAHORE: The Federal Board of Revenue's Broadening of Tax Base (BTB)-Lahore has issued notices to some 3,950 people who did not declare their assets despite...

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India proposes ban on e-cigarettes, with jail terms for offenders

NEW DELHI: India’s health ministry has proposed a ban on the production and import of electronic cigarettes, documents seen by Reuters showed, potentially jeopardizing...

PIA hikes UAE fares