Chinese delegation visits FIEDMC to explore investment opportunities
ISLAMABAD: A delegation of Chinese investors on Wednesday visited Allama Iqbal Industrial City, a prioritised project in the special economic zone of...
PM welcomes Al Tamimi Groups’ investment interest in Pakistan
ISLAMABAD: Prime Minister Imran Khan on Tuesday welcomed Al-Tamimi Group of Companies' investment interest in food processing, dairy & livestock, and meat...
IMF notes stability in Pakistan’s banking sector
KARACHI: The banking sector remains stable, but credit conditions are tight, according to a staff report by the International Monetary Fund (IMF).
At end-September...
Govt’s decision to impose 8pc tax on NTC likely to be reversed
ISLAMABAD: National Telecommunication Corporation (NTC) Managing Director Brig (r) Viqar Rashid Khan said that the government has identified the flaw in 8pc...
Govt mulls offering tax breaks to 20 industrial sectors: Dawood
Adviser to Prime Minister on Commerce Abdul Razak Dawood has said Pakistan was considering offering tax breaks to various industries with export...
Disparity in sugar prices irks PM
ISLAMABAD: Prime Minister Imran Khan has expressed serious concerns over mounting sugar prices in the country.
As per the documents available with this...
NA panel calls for early formation of ZTBL board
ZTBL president urges govt to announce a bailout package in order to help the bank avert prevalent crisis
Cement exports decline 5.2pc in five months
ISLAMABAD: The export of cement witnessed a decrease of 5.27pc during the first five months of the current financial year (FY20) as...
Revised revenue target to be reviewed in upcoming quarters: IMF
--Official stresses implementation of Public Finance Management Law to ensure fiscal discipline in Pakistan
--Says a joint working group will be constituted by...
Cabinet decides to reduce prices of 89 medicines
With an aim to provide relief to people, the federal cabinet has decided to reduce the prices of 89 medicines, including life-saving...
IMF cuts Pakistan’s revenue target by Rs265bn
--'Tax collection target has been revised to Rs5.238tr keeping in view slippages in fiscal discipline, expenditures and revenue targets'
--'A potential blacklisting by...
Bulls return to bourse, lift KSE-100 by 320 points
KARACHI: The Pakistan Stock Exchange (PSX) witnessed a volatile session on Tuesday as the bulls who were nowhere to be seen by...
Former finance minister Miftah Ismail gets bail in LNG case
ISLAMABAD: The Islamabad High Court (IHC) on Monday granted bail to former finance minister Miftah Ismail in the liquefied natural gas (LNG) case.
A...
Crackdown on income tax defaulters from March 2020, NA body told
ISLAMABAD: The Federal Board of Revenue (FBR) has issued notices to over 200,000 income tax defaulters and that the board would initiate...
ECC approves Rs6bn subsidy for Utility Stores Corporation
ISLAMABAD: The Economic Coordination Committee (ECC) on Monday approved a grant of Rs6 billion as subsidy for the Utility Stores Corporation.
The approval...