Exchange-Traded Funds coming to Pakistan next month
PSX also contemplates purchasing a new trading system
Govt makes taxation simpler to attract even more ‘hot’ money
KARACHI: The State Bank of Pakistan (SBP) has announced amendments in the Income Tax Ordinance, 2001, to simplify the tax regime for...
Asad Umar stresses need to develop indigenous mineral resources
ISLAMABAD: Planning, Development & Special Initiatives Minister Asad Umar on Thursday chaired a meeting to review the works of Pakistan Mineral Development Corporation...
Etisalat submits proposal for settlement of PTCL dispute
Finance adviser asks relevant secretaries to come up with a final proposal by the end of this month
Bull run continues as KSE-100 surges over 1,000 points
KARACHI: Bulls of the Pakistan Stock Exchange (PSX) continued with the positive momentum on Thursday, as the indices accumulated gains all-day long,...
Rubber tyres, tubes imports reduced by 33.61pc
ISLAMABAD: Rubber Tyres and Tubes imports into the country during the first five months of the current financial year reduced by 33.61...
Giant initiatives in 2020 to help achieve vision for welfare state: PM
ISLAMABAD: Prime Minister Imran Khan Wednesday said giant initiatives would be taken in the year 2020 to put Pakistan on the path...
Gold price sheds Rs250, traded at Rs88,150 per tola
KARACHI: The per tola price of 24 karat gold depreciated by Rs250 on Wednesday and was traded at Rs88,150, as compared to...
Govt imposes severe penalties on smuggling gold, currency abroad
ISLAMABAD: In a bid to curb money laundering and to meet the conditions of the Financial Action Task Force (FATF), the government...
China cuts banks’ reserve ratios again, frees up $115bn to spur economy
BEIJING: China's central bank said on Wednesday it was cutting the amount of cash that all banks must hold as reserves, releasing around...
Transporters to observe nationwide strike today
The transporters have announced to hold a nationwide strike on Thursday (today) owing to toll taxes and other increased fines in the...
FATF pressure leads banks to educate customers on AML/CTF
One of the leading commercial banks in Pakistan, Habib Metropolitan Bank has recently been conducting customer awareness sessions on money laundering and...
Amid delays, Diamer-Bhasha’s PC-1 cost surges 68pc
WAPDA yet to acquire land for the dam's site despite all financial and administrative support
Govt finally allows used car importers to pay partial duties in rupees
ISLAMABAD: The federal government has permitted importers of used cars to pay partial duties in Pakistani currency to release their vehicles stuck at...
December inflation clocks in at 12.63pc
ISLAMABAD: Inflation rose to 12.63 per cent on a year-on-year basis in December 2019, as compared to the same month of last year,...