IMF asks Pakistan to provide AML compliance certificate on corona spending: sources

ISLAMABAD: The International Monetary Fund (IMF) has asked Pakistan to provide the Anti-Money Laundering (AML) compliance certificate with regard to the government's...

KP’s tax cuts may help revive construction industry from Covid slump

PESHAWAR: Senior officials at the Khyber Pakhtunkhwa (KP) Board of Revenue said on Monday that the provincial government has reduced taxes on...

CM Buzdar says committed to facilitating industrialists, traders

Punjab CM inaugurates One-Window Smart Service Centre at LCCI, urges other provincial chambers  to follow suit

After months of stagnation, textile exports rise 14.4pc YoY in July

Pakistan’s textile and clothing exports increased to $1.27bn in July 2020, as compared to exports worth $1.12bn in July 2019

JSCL denies involvement in alleged attempt to take over HUMNL

KARACHI: Jahangir Siddiqui & Co Limited (JSCL) on Monday wrote a letter to the Pakistan Stock Exchange (PSX) denying its involvement in...

SC orders return of state land granted for petrol pumps

ISLAMABAD: The Supreme Court (SC) on Monday ordered the return of state land given on lease for petrol pumps in Faisalabad by...

Facebook executive in India files police complaint over death threats

The threats come after a WSJ report that had blamed Facebook's top executive in India for not applying its hate-speech rules to a politician from Modi's BJP 

IESCO refutes report claiming Power Division’s involvement in company issues

ISLAMABAD: Islamabad Electric Supply Company (IESCO) on Monday refuted a report which claimed that the Power Division has been "trying to transfer...

Bears pull KSE-100 down 168 points

Repayment of GIDC throws fertiliser stocks off track

Accord with IPPs to reduce power generation cost: Omar Ayub

Energy Minister Omar Ayub Khan said on Monday that the federal government, through its new agreement with IPPs, was working towards reducing...

Hafeez Shaikh vows all-out measures for smooth supply of wheat, flour

ISLAMABAD: Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh has said that the government will take all-out measures...

US tightening restrictions on Huawei access to technology, chips

WASHINGTON: The Trump administration announced on Monday it will further tighten restrictions on Huawei Technologies Co, aimed at cracking down on its...

KP’s Pakistan Digital City expected to create 30,000 jobs: report

Khyber Pakhtunkhwa (KP) will finalise the masterplan for Pakistan Digital City in October 2020, which is expected to create around 30,000 jobs,...

What caused an all time high of $2.77bn remittances in July

KARACHI: Remittances rose to $2.77 billion in July, which is the highest ever level of remittances in a single month in Pakistan,...

Oil edges lower on rising virus cases, US-China tensions

LONDON: Oil prices edged lower on Monday on rising coronavirus cases particularly in Europe and tensions between major consumers China and the...