Remittances drop 9.9pc to $1.9bn in Jan
KARACHI: Overseas Pakistani workers remitted $1.9 billion in the month of January 2020, a drop of 9.9pc when compared with $2.09 billion worth...
SECP proposes changes in law to prevent money laundering
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has proposed new amendments to its regulations to prevent money laundering.
The commission, in...
SBP announces five-fold increase in payment limit for freelancers
KARACHI: The State Bank of Pakistan (SBP) has dramatically increased payment limits for freelancers working in the digital and IT sector, and...
Govt approves Rs10bn subsidy package to counter inflation
–Federal cabinet bans sugar exports but allows imports to ensure a continuous supply in market
–Approves Rs490,000 Hajj package for pilgrims from north...
Prominent Turkish investors to accompany Erdogan on Pakistan visit
LAHORE: Turkish President Tayyip Erdogan would be accompanied by a delegation of 34 prominent Turkish companies during his upcoming visit to Pakistan.
As per...
Coronavirus may slow Pakistan economy, IMF says
The International Monetary Fund (IMF) has expressed that the coronavirus outbreak may have an adverse effect on the Pakistani economy during its...
Wheat flour crisis: CCP seizes record from PFMA office
ISLAMABAD: The Competition Commission of Pakistan (CCP) on Tuesday seized important documents during a search and inspection of the Pakistan Flour Mills...
Govt to soon decide fate of its subordinate organisations
Merger of 35 organisational entities, transfer of 43 to Sarmaya-e-Pakistan on the cards
‘Govt, exporters committed to exploring untapped pharmaceutical markets’
LCCI president urges govt to revisit interest rate and withholding tax to facilitate businesses
NEPRA defers decision to increase power tariff
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Tuesday deferred its decision to increase electricity price for the month of November...
Zaidi says ‘not going anywhere’, at least for now
ISLAMABAD: Federal Board of Revenue (FBR) Chairman Syed Shabbar Zaidi on Thursday refuted reports of his resignation and clarified that he has...
Industries should be given tax-free gas, apex court suggests
ISLAMABAD: The Supreme Court (SC) on Monday said that the agriculture sector and industries should be provided tax-free gas.
A three-member bench of the...
SECP sees ‘no insider trading’ in OGDCL shares
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has found no insider trading in the shares of the Oil & Gas...
ECC ratifies ban on sugar exports to ‘keep prices in check’
Committee rejects PM's decision to import sugar through private sector, as 'adequate stocks' are available in the country
Govt looks to curb inflation with Rs15bn relief package
–Meeting chaired by PM Imran decides to open 50,000 new utility stores across Pakistan
–Subsidised food items will be available to people from...