Italy’s Eni mulls exiting Pakistan after 20 years
The proposed plan includes disposal of Eni's producing assets in Bhit, Badhra and Kadanwari, as well as its processing facilities and several non-operating assets
Resumption of flight operations ‘a good omen for economy’: LCCI
LAHORE: The Lahore Chamber of Commerce & Industry (LCCI) on Saturday welcomed the resumption of flight operations from Pakistan, terming it "great...
KP businessmen demand immediate release of income tax refunds
PESHAWAR: The Sarhad Chamber of Commerce and Industry (SCCI) on Saturday demanded the Federal Board of Revenue (FBR) to immediately release income...
Pakistan, ADB sign $235m loan accord for Karachi’s Red Line BRT corridor
'The project will restructure the entire width of the 26.6km corridor, including construction of 29 stations, green areas, bicycle lanes, sidewalks etc.'
Government authorises flight operations from June 20
ISLAMABAD: The Government of Pakistan has authorised international flight operations to and from all international airports of Pakistan, except Gwadar and Turbat...
SC tells FBR to submit Justice Isa’s family tax details within 75 days
ISLAMABAD: The Supreme Court (SC) has directed the Federal Board of Revenue’s (FBR) chairperson to submit a report regarding the tax matters...
20-year exemption on income tax in Gwadar, FBR tells Senate body
Committee okays omission of advance tax on education-related expenses, 100pc FED on imported cigarettes and 25pc FED on caffeinated drinks
‘Property tax will not be levied in KP until June 2021’
PESHAWAR: The Khyber Pakhtunkhwa (KP) government, while presenting the provincial budget for FY21 in the provincial assembly on Friday, introduced special concessions...
Oil tops $42 as OPEC+ laggards pledge better compliance
LONDON: Brent oil rose to above $42 a barrel on Friday, adding to gains in the previous session, after OPEC producers and...
Pakistan set to register 38 exporters with Amazon
LAHORE: The Ministry of Commerce has shared an initial list of 38 exporters for registration with the international e-commerce giant Amazon in...
KP finance minister unveils Rs923bn ‘tax free’ budget for FY21
--Govt earmarks Rs317bn for development, Rs124bn for health, Rs184bn for merged districts
--Despite Covid-19 challenges, KP govt expects its income to surge by...
Pakistan signs $1.5bn loan agreements with IFIs to strengthen Covid-19 response
ISLAMABAD: Pakistan on Friday signed three financing agreements worth $1.5 billion with three International Financial Institutions (IFIs) -- World Bank (WB), Asian Development...
CCOE approves additional power supply to K-Electric
ISLAMABAD: The Cabinet Committee on Energy (CCOE), on Friday, approved proposals relating to the supply of additional power to Karachi Electric (KE)...
Stocks extend losses amid lack of triggers
Despite a good start, KSE-100 settles lower by 100 points at 33,438.94
Exports increase by 8.48pc in 11 months
ISLAMABAD: Pakistan’s exports increased by 8.48 per cent during the first eleven months of the current fiscal year compared to the corresponding...