ECC approves measures to boost remittances through banking channels
--Remittances transferred into bank accounts will be exempted from WHT from July 2020
--A National Remittance Loyalty Programme will be launched from Sept...
PIA relocating its headquarters to Islamabad
KARACHI: The national flag carrier, the Pakistan International Airlines (PIA), is shifting its head office to Islamabad from Karachi as the relocation...
PM calls for early privatisation of non-profitable entities
ISLAMABAD: Prime Minister Imran Khan said on Wednesday that the privatisation of non-profitable institutions and unused government properties was in the national...
PSX places Adam Sugar Mills on defaulters’ list
LAHORE: The Pakistan Stock Exchange (PSX) on Wednesday placed Adam Sugar Mills Limited (ADAMS) on the defaulters’ segment for non-compliance of clause 5.11.1(i)...
Oneload empowers retailers to connect their community to the digital world
Iqra lives in the small village of Gondal, hidden away from the urban civilization, some 70 kilometers from the Capital city of...
Bearish spell continues as KSE-100 sheds 293 points
KARACHI: Bearish trend continued at the Pakistan Stock Exchange (PSX) on Wednesday, as the indices remained in the negative zone for most...
AGP rejects petro ministry’s nominee for NSGP project
Report claims PM's adviser, officials lobbying for ETK while AGP has put its weight behind TMK
Govt to impose new tax on underground water usage
KARACHI: The government of Sindh on Tuesday decided to impose a new tax on the use of water in the province.
A draft of...
TDAP, exporters to hold consultations on Pak-UK trade enhancement
LAHORE: The Trade Development Authority of Pakistan (TDAP) has prepared an eight-point agenda to capture the United Kingdom market and in this regard,...
CDWP approves seven projects worth Rs12.23bn
ISLAMABAD: The Central Development Working Party (CDWP) on Tuesday approved seven projects worth Rs12.23 billion and recommended five projects worth Rs158.230 billion to...
PM calls for facilitation of sick industrial units, SMEs
A delegation of prominent bankers of the country called on Prime Minister Imran Khan in Islamabad on Tuesday.
Adviser to PM on Finance...
IMF putting Pakistan on path to recovery, says SBP governor
ISLAMABAD: State Bank of Pakistan (SBP) Governor Dr Reza Baqir said on Tuesday that the International Monetary Fund (IMF) was the government's...
Sanofi Aventis posts 75pc decrease in profit
LAHORE: The Board of Directors of Sanofi Aventis Pakistan Limited (SAPL) met on Tuesday to review the company's performance and announce its...
Fed cuts benchmark rate by 50bps as coronavirus spreads
The United States Federal Reserve slashed the benchmark US interest rate by half a percentage point on Tuesday, which marks the biggest...
PAMA opposes formulation of ‘local standards’ for vehicles
ISLAMABAD: A tug of war has started between the Ministry of Science & Technology (MoST) and manufacturers/assemblers of vehicles, as the auto...