Experts call for proper ‘Salt Export Policy’ to regularise trade

ISLAMABAD: The mining experts Friday called for evolving a comprehensive annual ‘Salt Export Policy ‘(SEP) to regularize country’s salt trade and to develop...

Senate body’s recommendations on tobacco tax collection opposed

Senate panel had recommended FBR to remove the three-tier taxation system on cigarettes ISLAMABAD: The Federal Board of Revenue (FBR) has opposed...

America’s Capital Group mulls investment in Pakistan

Official says Pakistan govt's seriousness towards economic revival has encouraged the company to explore business opportunities in Pakistan ISLAMABAD: Prime Minister Imran Khan...

‘Flat tax scheme, rent control act to become reality soon’

ISLAMABAD: Ensuring the businessmen of Islamabad that a balanced rent control bill would be presented in the parliament soon, Minister of State for...

PSX fails to sustain gains, sheds 412 points

Refinery, cement and oil & gas exploration sectors lost 3.06pc, 2.51pc and 2.22pc from their cumulative market capitalisation KARACHI: The Pakistan Stock Exchange...

China pledges to expand financial market opening as US trade delegation arrives

'We need to prevent a trust deficit from occurring - otherwise the damage it could do to US-China relations is incalculable' BOAO:...

‘Industrial zone to be established in Bajaur’

KP CM's aide says a small industrial zone will not only boost the socio-economic condition of the region but will also...

ECC orders speedy establishment of new LNG terminal

Approving FBR's proposal, the committee waves off the accumulated penal surcharges of Rs700m against overstayed consignments at ports ISLAMABAD: Keeping in mind...

Belarusian dumper trucks enter Pakistani market

Cherat Cement Factory has planned to procure at least 15 heavy-duty BelAZ trucks in a year NOWSHERA: BelAZ, a Belarusian mining truck...

PSX gains 635 points as volumes soar

Trade volumes crossed 200m mark for the first time in a month KARACHI: Positive news from Islamabad triggered some excitement within the investors...

Plans for blockbuster cryptocurrency IPO shelved amid bitcoin slump

HONG KONG: The world's largest maker of cryptocurrency mining chips has shelved plans for an ambitious initial public offering in Hong Kong, becoming...

WAPDA formally awards Mohmand Dam contract to Descon, CGGC

Upon completion, the project will store about 1.2m acre-feet of water, generate 800MW of low-cost hydel electricity and help mitigating floods...

PEW expresses concern over exchange rate erosion

KARACHI: The Pakistan Economy Watch (PEW) has expressed concern over the steady fall in the exchange rate, saying that depreciation in Pak Rupee is...

Oil up near $68 as supply cuts outweigh economic worry

LONDON: Oil rose towards $68 a barrel on Tuesday as OPEC supply cuts and expectations of lower US inventories outweighed concern about weaker...

Saudi Aramco building global gas business to cut carbon footprint

DUBAI: Saudi Aramco, the world's biggest oil producer, was building an international gas business and converting more crude oil into chemicals in...