SECP releases ‘Limited Liability Partnership Regulations 2018’
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has notified the 2018 Limited Liability Partnership Regulations, 2018, under the Limited Liability...
HSBC, ING banks announce first trade finance transaction using blockchain
LONDON: Banking giants HSBC and ING on Monday said they had carried out a landmark blockchain transaction aimed at speeding up payment...
PFC to display furniture items in Mexican furniture fair
LAHORE: Pakistan Furniture Council (PFC) will display Pakistani handmade world-class traditional furniture products in the Mexican International Furniture Fair to be held...
Finance Minister, FBR urged to restore FTR regime for commercial importers
ISLAMABAD: Senior Vice President (SV) and Chairman of Budgetary Advisory Council of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI),...
Vietnam, Pakistan to sign free trade agreement soon: envoy
SIALKOT: The Ambassador of Vietnam to Pakistan Pham Hong Kim on Monday said that Vietnam and Pakistan have been actively considering signing...
PM wants exporters to push country’s exports to $100bn
LAHORE: Prime Minister of Pakistan Shahid Khaqan Abbasi on Sunday stressed upon the exporters to increase Pakistan's exports to at least $100...
Rs659.5 bn released for development projects under PSDP 2017-18
ISLAMABAD: The government has released over Rs659.5 billion under its Public Sector Development Programme (PSDP) 2017-18 for various ongoing and new schemes...
Pakistan to secure another $2 bn from China to support reserves
ISLAMABAD: As the depletion of reserves continue, the government has planned to secure another $2 billion through the agreed short-term loan of...
Automobiles sales increase 23pc in July-April and 14pc MoM
The sales of automobiles grew to 25,567 units, up by 39 per cent YoY in April 2018
Weekly inflation rises 0.31 pc
ISLAMABAD: The Sensitive Price Indicator (SPI) based weekly inflation for the week ended on May 10 for the combined income groups witnessed...
Iranian rial loses steam in local currency market, after US exit from nuclear deal
The Iranian rial has fallen sharply in the global currency market after the US decision to exit the nuclear deal on Tuesday
German ambassador’s pictures on Twitter dismiss security concerns in Pakistan
Federal Republic of Germany Ambassador to Pakistan Martin Kobler said that when he first came to Lahore, instead of using a car, he took a train from the Rawalpindi Railway Station to reach the city costing him a mere Rs700. This, however, goes against the image of Pakistan that is portrayed abroad in an unfair manner, and does not reflect reality, the German ambassador added, stressing the need for politicians from both sides to work on improving the perception.
OGRA penalises PLL Rs560 mn over cancellation of four LNG cargoes
ISLAMABAD: In a blow to the government’s efforts to promote LNG business in the country, OGRA has imposed a Rs560 million penalty...
LCCI urges FBR to restore FTR for commercial importers
LAHORE: The Lahore Chamber of Commerce and Industry (LCCI)has urged the Federal Board of Revenue (FBR) to give relief to those taxpayers...
PAPCO’s $200 million multi-grade pipeline to be functional next year
KARACHI: The Pak Arab Pipeline Company (PAPCO)’s White Oil pipeline will become multi-grade by the second quarter of 2019, Shell Pakistan’s management told...