Govt trying to reschedule loans from int’l lenders, says Qureshi
Foreign minister says rescheduled amount will be used to facilitate health sector
FBR to devise ‘transparent central system’ for issuance of refunds
In compliance of decision taken by the federal government to address the grievance of the business community, the Federal Board of Revenue...
Govt urged to facilitate exporters, manufacturers amid virus lockdowns
ISLAMABAD: The Overseas Investors Chamber of Commerce and Industry (OICCI) has urged the federal government and provinces to ease the coronavirus lockdown restrictions...
Huawei warns China will strike back against new US restrictions
SHENZHEN: Huawei warned on Tuesday that 2020 would be its most difficult year yet due to American trade restrictions which dealt a...
Govt extends Rs40,000 prize bond encashment date till June 30
ISLAMABAD: The federal government on Tuesday extended the date of encashment/redemption of Rs40,000 denomination national prize bonds for another three months.
“In term...
FBR needs Rs2.2tr in three months to meet revised target
ISLAMABAD: The Federal Board of Revenue (FBR) has to collect around Rs2.19 trillion in the last quarter (April-June) of FY20 to meet the...
Trump calls for $2tr infrastructure bill to help economy during coronavirus crisis
WASHINGTON: President Donald Trump on Tuesday said the US Congress should pass a $2 trillion spending plan to update the country’s roads,...
Textile millers call for extension in debt repayment moratorium
'Under the prevalent circumstances, collection of sales tax will only hasten bankruptcies and usher in a serious depression'
COVID-19: Murree Brewery seeks permission to produce sanitisers
ISLAMABAD: Murree Brewery, a Pakistan-based manufacturer of alcoholic and non-alcoholic beverages, has filed for a licence to manufacture and sell alcohol-based hand...
Exporters ask govt to allow production at KEPZ
ISLAMABAD: Exporters have sought the federal government’s intervention in allowing production activities at the Karachi Export Processing Zone (KEPZ).
Exporters as well as...
New auto entrants demand tax relief to plug losses
LAHORE: New entrants in the country's auto sector, including Nishat Hyundai Motors Pakistan Limited (NHMPL) and Kia Lucky Motors Pakistan Limited (KLMPL),...
Ride-hailing service launches financial support initiatives for drivers
KARACHI: Ride-hailing company Careem has announced initiatives to support their captains (drivers) as mobility through ride-hailing becomes restricted due to the COVID-19...
LPG price reduced by Rs39 per kg
ISLAMABAD: After petroleum products, the Oil and Gas Regulatory Authority (OGRA) has notified a decrease in the price of locally produced Liquefied...
Bulls charge back with 1,208-point rally; index crosses 29,000 mark
KARACHI: The Pakistan Stock Exchange (PSX) turned its fortunes on Tuesday, with the benchmark KSE-100 Index accumulating over 1,000 points to cross...
China’s manufacturing rebounds as virus controls ease
BEIJING: China’s manufacturing rebounded in March as authorities relaxed anti-disease controls and allowed factories to reopen, an official survey showed Tuesday, but...