Apple’s China iPhone shipments fall 35pc in November
Apple Inc's iPhone shipments in China fell more than 35pc in November, marking their second straight double-digit decline as sales of the...
Customs recovers Rs221m allegedly evaded tax money from OGDCL
ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL) was involved in alleged tax evasion worth Rs221.7 million, as it wrongly claimed...
SBP reserves rise $120m to $9.23bn
The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased 1.32pc on a weekly basis, according to data released...
India’s November retail inflation jumps to 40-month high
NEW DELHI: India's retail price inflation in November jumped to a 40-month high on higher food prices, reducing the likelihood of the...
Saudi Aramco hits Crown Prince’s $2tr goal
Aramco's IPO is the centrepiece of Saudi crown prince's vision for diversifying the kingdom away from its oil dependence
Trade deficit contracts 33pc to 9.7bn
Pakistan's trade deficit contracted 33pc to $9.7 billion in first five months of the current fiscal year (FY20) on the back of...
SECP issues ‘Regulatory Sandbox Guidelines’ to facilitate startups
ISLAMABAD: In order to promote innovation in the financial sector and to encourage startups, the Securities and Exchange Commission of Pakistan (SECP) has...
NA body opposes bill proposed to meet FATF conditions
--Govt proposes inclusion of 'economic crimes' and 'illegal money transfers' in Anti-Terrorism Act
--Opposition members fear that amended ATA will be used by...
Draft of Int’l Transshipment Rules framed
In line with the federal government's policy to create an investment and trade-friendly environment in the country, a dedicated team was constituted...
ECC approves Rs459.5m technical grant to combat locusts
ISLAMABAD: As the desert locusts have become a threat to the country's agricultural sector, the Economic Coordination Committee (ECC) on Thursday approved...
Remittances surge 9.35pc to $1.8bn in Nov
ISLAMABAD: Overseas Pakistani workers remitted $9,298.57 million during the first five months (July-November) of Financial Year 2019-20 compared to $9,281.94 million received during...
FBR officers deployed at sugar mills to curb tax evasion
ISLAMABAD: The Federal Board of Revenue (FBR) has deployed its officers at 20 sugar mills to monitor the commodity's production, sales and...
KSE-100 falls flat after range-bound session
KARACHI: Continuing with the trend from the previous session, the Pakistan Stock Exchange (PSX) ended a range-bound session flat on Thursday.
Foreign investors...
JS Global submits PAI to acquire up to 45.03pc shares of Next Capital
JS Global Capital Limited, on behalf of its clients or acquirers, has submitted a Public Announcement of Intention (PAI) to acquire up...
APTMA lauds govt for releasing Rs17bn in refunds
ISLAMABAD: The All Pakistan Textile Mills Association (APTMA) has lauded the government for releasing Rs17.6 billion in various drawback schemes pertaining to...