Agreement to develop Rashakai economic zone signed
ISLAMABAD: A Chinese company has agreed to undertake development work at Rashakai Special Economic Zone (SEZ), Gwadar Pro App reported.
In this regard, China...
PRA registers over 15,000 businesses under STS
LAHORE: The registration of new businesses in Punjab under the Sales Tax on Services (STS) regime has posted a sharp increase during the...
FBR asks banks to provide details of unverified accounts
ISLAMABAD: The Federal Board of Revenue (FBR) has instructed the banks to provide the details of unverified accounts, sources revealed on Friday.
The revenue...
PIA no longer a defaulter
KARACHI: The Pakistan Stock Exchange (PSX) on Friday announced that it has removed Pakistan International Airline (PIA) from its defaulters' segment.
The national...
EU, China and 15 others agree temporary fix to WTO crisis
BRUSSELS/DAVOS: The European Union, China and 15 other World Trade Organization members agreed on Friday to create a temporary mechanism to settle trade...
NAB to probe delay in Badin gas project
ISLAMABAD: The National Accountability Bureau (NAB) has initiated an inquiry against Director General Petroleum Concession (DGPC) Imran Ahmed for the delay in...
Oil falls below $61, heads for weekly loss on China virus concerns
LONDON: Oil extended losses on Friday to trade below $61 a barrel, heading for a weekly decline as concern that the coronavirus in...
Summary advocating uniform gas tariff for zero-rated industry postponed
LAHORE: Even after the introduction of regionally competitive gas price at $6.5/mmbtu (Rs1,000/mmbtu), the textile millers of Punjab are facing serious competitiveness issues...
EV Policy a paradigm shift in Pakistan’s transport sector: minister
LAHORE: Prime Minister's Adviser on Climate Change Malik Amin Aslam said on Friday the Electric Vehicle (EV) Policy would help transform Pakistan's...
MoC to hold Pak-Africa trade conference in Kenya
The two-day event, which will host dignitaries from 20 African countries, will commence from Jan 30 in Nairobi
PBC denounces govt’s ‘knee-jerk U-turns’ on economic policy
KARACHI: The Pakistan Business Council (PBC) issued a strongly worded statement denouncing the government's stance on surcharges and taxes, and dubbing its current...
Stocks gain 126 points in volatile session
KARACHI: Pakistan Stock Exchange (PSX) witnessed another volatile trading session on Friday, with the indices shifting sides before settling in the green....
1.2Bcf LNG being imported to plug deficit, Senate told
ISLAMABAD: Energy Minister Omar Ayub Khan on Friday informed the Senate that the government was importing around 1.2 billion cubic feet (Bcf)...
Textile millers asked to pay QTA arrears by tomorrow
LAHORE: The All Pakistan Textile Mills Association (APTMA) on Friday informed that the power distributions companies (DISCOs) had issued the Quarterly Tariff...
Chinese deputy foreign minister, Hammad Azhar discuss CPEC
BEIJING: China’s Deputy Foreign Minister Luo Zhaohui held a meeting with Minister for Economic Affairs Hammad Azhar in Beijing, according to a...