SNGPL to expand gas network in KP

In order to overcome the UFG (Unaccounted for Gas) losses in the southern districts of Khyber Pakhtunkhwa, the Sui Northern Gas Pipeline...

Dual nationals shortlisted for SNGPL MD’s position

ISLAMABAD: The Petroleum Division has recommended the names of two dual nationals for the important position of managing director/chief executive officer of...

GDA demands Rs2bn to address water supply issues in Gwadar

Electricity, high-speed internet still a distant dream for proposed Smart City in Gwadar

FBR’s Benami Authority barred from taking action against Arif Habib Ltd 

ISLAMABAD: The Sindh High Court (SHC) on Friday barred the Benami Transaction Adjudicating Authority of the Federal Board of Revenue (FBR) from...

Recent tariff adjustments not entirely applicable on consumers: KE

K-Electric has reiterated that media reports regarding 'more than Rs4 hike in consumer bills' were misleading. According to the KE spokesperson, “Some news...

PIAF concerned as big industry contracts for 11th consecutive month

LAHORE: Pakistan Industrial and Traders Associations Front (PIAF) has raised serious concerns over the continuous decline in the large-scale manufacturing index (LSMI),...

‘Efforts underway to streamline real estate, jewellery sectors’

Federal Board of Revenue (FBR) Chairman Shabbar Zaidi said that there were some areas in the real estate business where an effective...

PM performs groundbreaking of Allama Iqbal Industrial City 

Imran Khan says SEZs will provide Chinese companies requisite environment to relocate to Pakistan 

SBP reserves surge $582m to $11.5bn

KARACHI: The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased 5.3pc on a weekly basis According to a statement issued...

Non-compliant debit and credit cards will not be blocked: SBP

Instead of an official circular, SBP practically extends deadline for banks to convert magnetic stripe cards to EMV through a press release

UAE crown prince announces $200m for SMEs in Pakistan

ISLAMABAD: Abu Dhabi’s Crown Prince Sheikh Mohamed bin Zayed Al Nahyan, who visited Pakistan along with a high-level delegation on Thursday, directed the...

Govt reduces taxes on imported phones; local industry decries move

ISLAMABAD: Through a recently issued presidential ordinance, the government has reduced withholding and sales taxes on imported phones valuing between $30 and...

‘Cement industry to operate at only 78pc capacity’

Dec 2019 sees cement despatches grow by more than 10pc 

Govt to set up National Tax Council for harmonisation of GST 

ISLAMABAD: The government has decided to set up a National Tax Council (NTC) to ensure the harmonisation of General Sales Tax (GST)...

Exchange-Traded Funds coming to Pakistan next month 

PSX also contemplates purchasing a new trading system