FBR launches tax awareness sessions in educational institutions

ISLAMABAD: The Federal Board of Revenue (FBR) has started holding tax education awareness sessions in educational institutes here in the federal capital...

UN chief calls for more investment in universal health coverage

UNITED NATIONS: UN Secretary-General Antonio Guterres on Wednesday called on governments to invest more in universal health coverage. Covid-19 has shown that universal...

FPCCI urges govt, private sector to raise forest cover to meet local needs

ISLAMABAD: Federation of Pakistan Chamber of Commerce and Industry (FPCCI) President Anjum Nisar on Wednesday urged the government and private sector to...

Asian stocks inch up, defy US stimulus gloom

SINGAPORE/NEW YORK: Asian stock markets edged higher on Wednesday, brushing off Wall Street’s weaker finish, which came after US President Donald Trump...

Sole survivor? Saudi Arabia doubles down on oil to outlast rivals

DUBAI/RIYADH: The slump in demand for crude during the coronavirus pandemic has forced oil companies to contemplate the possibility that the fossil...

Audit reveals major loophole in withholding tax regime

ISLAMABAD: A scam worth billions has emerged in withholding tax regime, as huge purchases of goods and services have been carried from “fictitious...

US trade deficit jumps to largest in 14 years in August

The US trade deficit surged in August to the largest in 14 years with imports climbing again, suggesting that trade could be...

PSX holds gong ceremony to formally launch ETFs

KARACHI: The Pakistan Stock Exchange (PSX) on Tuesday held a gong ceremony to formally mark the launch of Exchange Traded Funds (ETFs). These...

Export of services falls 16.8pc YoY in August

ISLAMABAD: The export of services from Pakistan dropped 16.79pc year-on-year to $352.92 million in August 2020, data released by the Pakistan Bureau of...

Cabinet defers proposal to hike gas, electricity tariffs

In an effort to provide relief to masses, the federal cabinet on Tuesday deferred a proposal to increase tariffs of electricity and...

Punjab govt to launch Orange Line Metro Train on 25th

LAHORE: Punjab Chief Minister Sardar Usman Buzdar on Tuesday approved to make Orange Line Metro Train (OLMT) service operational from October 25. CM...

Brokers express optimism as Agha Steel book building commences

KARACHI: Agha Steel is in the process of getting listed on the Pakistan Stock Exchange (PSX) and is currently undergoing the book-building...

Punjab PDWP approves uplift projects worth Rs20bn

LAHORE: The Provincial Development Working Party (PDWP)-Punjab has approved four development schemes of various sectors at an estimated cost of Rs19,995.533 million. These...

Traders demand PTA to resolve internet connectivity issues in markets

LAHORE: The officials of Lahore Chambers of Commerce and Industry (LCCI) have demanded the Pakistan Telecommunication Authority (PTA) to improve mobile data...

Pakistan eyes six LNG spot cargoes for Dec to prevent gas shortage

ISLAMABAD: In order to meet the gas requirements of the country, Pakistan LNG Limited (PLL) has invited bids for the delivery of...