OGRA reduces RLNG prices for January
The Oil and Gas Regulatory Authority (OGRA) on Monday reduced the prices of Re-gasified Liquefied Natural Gas (RLNG) for the month of...
Sluggish exports must improve for Pakistan to be competitive: SBP governor
KARACHI: As the country's economy is stabilising, attention needs to be given to pivoting Pakistan from an inward economy to an outward-looking...
Car sales drop 25pc in 2019
Car sales in the country jumped by 23pc on a month-on-month basis to 12,100 units in Dec 2019, as compared to Nov...
Govt optimistic of achieving $24bn remittance target in FY20
ISLAMABAD: The growth in foreign remittances, which soared to $11.4 billion during the July-December period of FY20, is likely to continue for the...
Industrialists end sit-in after successful talks with SSGC officials
KARACHI: The protesting industrialists on Monday ended their sit-in outside the Sui Southern Gas Company’s head office after successful talks with the...
KSE-100 lands flat after range-bound session
KARACHI: Investors of the Pakistan Stock Exchange (PSX) endured a volatile session on Monday, with the benchmark KSE-100 closing flat amid range-bound activity.
Foreign...
Fitch affirms Pakistan at ‘B-‘ with stable outlook
LAHORE: International credit rating agency Fitch Ratings has affirmed Pakistan's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'B-' with a 'Stable Outlook'.
In a...
Malaysia keen to expand palm oil trade with Pakistan
ISLAMABAD: Malaysia is keen to expand its palm oil market in Pakistan.
A statement by the Ministry of Primary Industries in Malaysia, following...
FTO takes suo moto notice of FBR online system’s failure
ISLAMABAD: The Federal Tax Ombudsman (FTO) has taken suo moto notice of the failure of the Federal Board of Revenue’s (FBR) online...
Lebanon issues travel restrictions for Ex-Nissan boss Carlos Ghosn
TOKYO: The well-known former boss of Nissan company, Carlos Ghosn who escaped from japan is still at large.
Prosecutors in Lebanon have issued a...
Federal Govt releases Rs 301.45b for development projects
ISLAMABAD: The federal government has so far authorized release of Rs 301.45 billion for various ongoing and new social sector uplift projects...
New director of Clover Pakistan Limited appointed
KARACHI: Rashid Ahmed Jafer has been appointed as new director of Clover Pakistan Limited from January 10, 2020 in place of Basit...
Exports, imports suffer heavily as cargo transporters’ strike continues
KARACHI: Imports and exports have fallen heavily as angry cargo and goods transporters have continued their strike for 8th day against axle...
FBR’s poor performance angers Hafeez Sheikh
ISLAMABAD: Adviser to the Prime Minister on Finance Dr Abdul Hafeez Sheikh is not happy with the performance of the Federal Board...
The problem of revenue is bad tax policy, not cheating
Revenue generation is important but not top priority as in last 3 decades. Much effort and money has been spent in collecting...