Pakistan to buy more Malaysian palm oil after India’s withdrawal

KUALA LUMPUR: Pakistan will buy more palm oil from Malaysia, Prime Minister Imran Khan said on Tuesday, to try and compensate after top...

Govt set to take sugar cartels by the horns

–Firdous says CCP will be reformed to counter cartelisation in sugar industry, artificial food crisis –Says govt mulling sugar export after ‘bumper sugarcane...

Saudi Aramco shakes hands with Pakistan’s SOEs to open Pakistan’s largest refinery

After months of delay and negotiations, the Saudi investment gets confirmed. But what is the deal?

FBR officers deployed at sugar mills to curb tax evasion

ISLAMABAD: The Federal Board of Revenue (FBR) has deployed its officers at 20 sugar mills to monitor the commodity's production, sales and...

ECC allows PLL to execute proposed agreement with Azerbaijan Republic’s (SOCAR) trading

PLL to secure long term LNG supply contracts, under the framework

ECC approves measures to boost remittances through banking channels

--Remittances transferred into bank accounts will be exempted from WHT from July 2020 --A National Remittance Loyalty Programme will be launched from Sept...

Smuggled/Counterfeit Drugs: Products of the collapsing pharmaceutical industry

The consequential unavailability of medicines can inevitably trigger a national health emergency

New govt will face historic food crisis

The results for the General Election 2024 are continuing to filter in. The weeks to come will see independents swear their loyalties...

Landlords found evading taxes, sent notices by FBR

It has come to the fore, that three out of four people who were declaring agriculture as the source of income aren’t paying tax on agriculture income in provinces

OGRA revokes Rs566 mn penalty on Pakistan LNG Limited

Following reports of alleged pressure by former prime minister Shahid Khaqan Abbasi to revoke OGRA’s decision, OGRA has finally decided to cancel the RS560 million penalty placed on PLL for cancelling the import of four LNG cargoes to the country, and pass it on to consumer.

Suzuki Gixxer 150 launched in Pakistan

Pak Suzuki official says the premium category motorbike, designed on Moto GP style, is for people who are ‘young at heart’ KARACHI:...

Current account deficit shrinks 72.6pc in Nov: Hafeez Shaikh

LAHORE: Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh has said that current account deficit is down by...

China’s eastern province to relocate industries to Pakistan

ISLAMABAD: China’s eastern province, Shandong, is set to relocate its labour-intensive industries to Pakistan to reduce production cost, as revealed in a...
Bank for International Settlements

Govts, central banks must boost efforts to help economies cope with crisis: BIS head

LONDON: Governments and central banks need to step up efforts urgently to support their economies in the face of the coronavirus crisis,...

CDWP approves seven projects worth Rs12.23bn

ISLAMABAD: The Central Development Working Party (CDWP) on Tuesday approved seven projects worth Rs12.23 billion and recommended five projects worth Rs158.230 billion to...