Increasingly difficult to keep undeclared assets, says FBR chairman
KARACHI: The Federal Board of Revenue’s (FBR’s) Chairman, Tariq Mahmood Pasha on Thursday said the tax amnesty scheme is for the business...
European Union ready to engage with US to solve trade row
The United States, after imposing punitive tariffs on a number of its top trading partners, this week threatened China with further duties on $200 billion worth of trade, escalating a conflict that has already drawn retaliatory steps from around the world
EU looks into extending import controls on Chinese solar panels
BRUSSELS: The EuroÂpean Commission is examining whether to extend measures to control imports of solar panels from China, a move that could...
China-Pak Golf Estates, Gwadar wins best real estate development award
ISLAMABAD:Â CPIC has been awarded their second accolade for China-Pak Golf Estates (CPGE), where Ryan He received the award for 'Best Development in...
Import of mobile phones rises by 18.56pcÂ
ISLAMABAD: The import of mobile phones in the country during first 10 months of the fiscal year 2017-18 increased by 18.56 per...
Asian stocks slump after latest Trump threat
The Shanghai Composite Index fell 2.3 percent to 2,953.54 points and Hong Kong’s Hang Seng lost 2 percent to 29,685.28.
ZTE shattered as shares lose 30 percent market value this week
ZTE was crippled when the United States imposed a seven-year supplier ban on it in April after it broke an agreement to discipline executives who conspired to evade U.S. sanctions on Iran and North Korea
As trade war with China looms, U.S. readies second wave of duties
The $100 billion list will be subject to the same public comment and hearing process as the $50 billion list, so it could take 60 days or more to put into effect
Customs set to end cases against Digicom, release smuggled Q-Mobile phones
Digicom Trading Pvt Ltd had cleared the containers of the phones in the cover of LED lights (bulbs) via a green channel on 31Â October 2017. These mobile phones were brought to Pakistan without getting an approval of Pakistan Telecommunication Authority (PTA) and also without getting their IMEI numbers registered
PM invites Japanese companies to invest in Pakistan
ISLAMABAD:Â Prime Minister Justice (r) Nasir-ul-Mulk Wednesday said Pakistan attached great importance to its relations with Japan and invited Japanese companies to avail...
Steel sector raises prices to balance rupee devaluation
LAHORE: The steel sector of Pakistan has responded to the rupee devaluation by raising prices, especially of Cold Rolled Coil (CRC) and...
Pakistan failed to sign any FTA’s in the last 5 years
ISLAMABAD: Although the government of Pakistan Muslim League Nawaz (PML-N) started the negotiations on various trade agreements including the Free Trade Agreement...
Market Daily: PSX closes green as the KSE 100 settles at 43,507.50
LAHORE: As Moscow dresses up ahead of the upcoming football extravaganza, more and more fans head into the country for the World...
ZTE settlement details revealed, ban still in force
Under the settlement, ZTE will pay a total civil penalty of $1.7 billion, including $361 million already paid as part of a March 2017 agreement, the $1 billion fine and the $400 million that will go into escrow
IMF’s Lagarde says global economic outlook dimming by the day
Investors are fearful of a tit-for-tat trade war, though markets were relatively calm on Monday after an early wobble